Renegade Gold Inc. announced a non-brokered private placement of up to 9,375,000 units at a price of CAD 0.32 per unit for gross proceeds of up to CAD 3,000,000 on September 25, 2023. Each unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share for a period of two years from date of issue at a price of CAD 0.45 per share. All securities issued under the transaction will be subject to a hold period expiring four months and one day from the date of issue.

The company may pay finders? fees on all or part of the transaction pursuant to the policies of the TSX Venture Exchange. The company anticipates closing of the transaction in one or more tranches as soon as practicable subject to receipt of all necessary regulatory approvals.