Business
Renegade Gold Announces Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2024) - Renegade Gold Inc. (TSXV: RAGE...
About this update from Renegade Gold Inc.
[{"type":"text","content":"Renegade Gold Announces Debt SettlementVancouver, British Columbia--(Newsfile Corp. - August 8, 2024) - Renegade Gold Inc. (TSXV: RAGE) (OTCQX: TGLDF) (FSE: 070) (\"Renegade\" or the \"Company\") announces that it has agreed, subject to the acceptance of the TSX Venture Exchange, to settle $576,348.29 worth of debt to an arm's length party by the issuance of 1,921,161 common shares of the Company at a deemed price of $0.30 per share. All common shares issued under the debt settlement will be subject to a hold period expiring four months and one day from the date of issue.About Renegade Gold Inc.Renegade Gold Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. As part of its regional-scale consolidation strategy, the Company has assembled one of the largest prospective land packages in and around the Red Lake mining district in proximity to major mines and deposits, as well as along the Confederation Lake and Birch-Uchi greenstone belts. The 89,600 hectares prospective and diversified exploration portfolio has significant potential for gold and critical minerals on trend with the major structures hosting known gold occurrences in the Red Lake mining district today.For further information, please contact:Renegade Gold Inc.Nav DhaliwalPresident, CEO and [email protected]: 604-678-5308 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Note regarding Forward-Looking StatementsStatements contained in this press release that are not historical facts are \"forward-looking information\" or \"forward-looking statements\" (collectively, \"Forward-Looking Information\") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. The words \"anticipate,\" \"significant,\" \"expect,\" \"may,\" \"will\" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially f...