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An update from Renegade Gold ( (TSE:RAGE) ) is now available.
Renegade Gold Inc. has announced a non-brokered private placement to raise up to $4.3 million through the issuance of non flow-through and flow-through units. The funds will be used to extinguish debt, support exploration expenditures, and cover general working capital, with specific allocations for Canadian exploration expenses related to projects in Ontario. This strategic move aims to strengthen the company’s financial position and support its exploration activities in the Red Lake Mining District.
More about Renegade Gold
Renegade Gold Inc. is a growth-focused company engaged in the acquisition, exploration, and development of mineral properties in the Red Lake Mining District of Northern Ontario. The company has assembled a large land package in proximity to major mines and deposits, with significant potential for gold and critical minerals.
Average Trading Volume: 63,146
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$5.94M
Find detailed analytics on RAGE stock on TipRanks’ Stock Analysis page.