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Renegade Gold ( (TSE:RAGE) ) has provided an update.
Renegade Gold Inc. has arranged to settle $252,500 of debt with both related and unrelated creditors through the issuance of 647,436 common shares at a deemed price of $0.39 per share, subject to TSX Venture Exchange approval, with the shares carrying a standard four-month-plus-one-day hold period. The company has also engaged Texas-based Resource Stock Digest under a 12‑month service agreement to enhance its market visibility via a dedicated webpage, management interviews, and content distribution to RSD’s audience, with fees paid from general working capital and no equity or ownership interest granted to the service provider, underscoring a focus on strengthening its balance sheet and investor outreach as it advances its large exploration portfolio in the Red Lake district.
More about Renegade Gold
Renegade Gold Inc. is a growth-focused mineral exploration and development company operating in the Red Lake Mining District of Northern Ontario. Pursuing a regional-scale consolidation strategy, it has assembled one of the largest prospective land packages in and around Red Lake, including ground along the Confederation Lake and Birch-Uchi greenstone belts. Its 1,320 km² diversified portfolio is targeted for gold and critical minerals, positioned on trend with major structures that host established gold occurrences in the district.
Average Trading Volume: 48,675
Technical Sentiment Signal: Sell
Current Market Cap: C$7.32M
See more insights into RAGE stock on TipRanks’ Stock Analysis page.