Renegade Gold Closes $4.36 Million Non Flow-Through and $300,000 Flow-Through Private Placement

Core Viewpoint - Renegade Gold Inc. has successfully closed a non-brokered private placement, raising a total of $4,664,270 to support its operations and exploration activities [1][3]. Group 1: Private Placement Details - The private placement consists of non flow-through units (NFT Units) and flow-through units (FT Units), priced at $0.23 each, generating gross proceeds of $4,364,270 and $300,000 respectively [1][2]. - Each NFT Unit includes one common share and one transferable share purchase warrant, while each FT Unit consists of one flow-through share and half a transferable share purchase warrant [2]. Group 2: Use of Proceeds - Proceeds from NFT Units will be allocated to extinguish debt, fund exploration expenditures, and cover general working capital [3]. - Gross proceeds from FT Units will be used for Canadian exploration expenses related to the company's projects in Ontario [3]. Group 3: Warrants and Regulatory Information - The company issued 1,212,756 finders' warrants as part of the placement, each exercisable into one share at a price of $0.30 for two years [4]. - All securities issued are subject to regulatory holds expiring on April 24, 2026, and a 12-month contractual hold period for shares underlying the NFT and FT Units, expiring December 23, 2026 [5]. Group 4: Company Overview - Renegade Gold Inc. focuses on the acquisition, exploration, and development of mineral properties in the Red Lake Mining District of Northern Ontario, holding a significant land package with potential for gold and critical minerals [7].