Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

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

Renegade Gold Secures $4.6 Million Lifeline to Extinguish Debt and Restart Red Lake Ambitions

Executive Summary

The most recent news (December 24, 2025) confirms the closing of a non-brokered private placement for gross proceeds of $4,664,270. This consist of $4,364,270 in Non-Flow-Through (NFT) units and $300,000 in Flow-Through (FT) units, both priced at $0.23 per unit. Each NFT unit includes a full warrant exercisable at $0.30 for 36 months, while FT units include a half-warrant at the same price. Crucially, the use of proceeds is explicitly earmarked for "extinguishing debt" alongside exploration and general working capital.

Material Impact

This news is Material - Positive because it represents a critical solvency event for the company. Based on the September 30, 2025, interim financial statements, Renegade Gold was in a dire financial position with only $34,311 in cash against $2,853,550 in current liabilities. - The $4.66M raise allows the company to settle its substantial accounts payable ($2.45M) and loan payable ($307k). - While the financing is dilutive—adding approximately 20.2 million shares to a base of 17.5 million (a >115% increase in share count)—it prevents potential insolvency or a forced asset sale. - The warrants at $0.30 create a potential "overhang" but also provide a path to an additional $6M+ in capital if the stock price appreciates.

RAGE · Price
Company Overview

Renegade Gold holds a massive 94,000-hectare land package in the Red Lake Mining District, Ontario. Its flagship projects include Newman Todd (high-grade gold), Sidace, and the Confederation Project. The company strategy shifted in late 2025 toward regional-scale consolidation, evidenced by the acquisition of the BobJo and Keystone properties which bridge gaps between existing holdings.

Read the original news release →

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