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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 $4.66-million private placement

By The Northwire Desk — AI Analysis Dec 24, 2025 · 11:51 RAGE · 0.295 Renegade Gold Inc.
RAGE · Price

Executive Summary

  • Renegade Gold Inc. has closed a non-brokered private placement raising aggregate gross proceeds of $4,664,270.
  • The financing consists of two tranches: $4,364,270 from non-flow-through units and $300,000 from flow-through units, both priced at $0.23 per unit.
  • Proceeds are designated for debt extinguishment, exploration expenditures, and general working capital, with specific flow-through mining expenditures for Ontario projects.

Key Details

  • Total Gross Proceeds: $4,664,270.
  • Non-Flow-Through Units (NFT):
    • Quantity: 18,975,087 units (calculated as $4,364,270 / $0.23).
    • Price: $0.23 per unit.
    • Gross Proceeds: $4,364,270.
    • Composition: Each unit consists of one common share and one transferable share purchase warrant.
    • Warrant Terms: Exercisable into one share for three years from issue at an exercise price of $0.30 per share.
  • Flow-Through Units (FT):
    • Quantity: 1,304,348 units (calculated as $300,000 / $0.23).
    • Price: $0.23 per unit.
    • Gross Proceeds: $300,000.
    • Composition: Each unit consists of one flow-through share and one-half of one transferable share purchase warrant.
    • Warrant Terms: Each whole warrant is exercisable into one non-flow-through share for three years from issue at an exercise price of $0.30 per share.
  • Finder’s Fees:
    • Issued 1,212,756 non-transferable share purchase warrants in payment of finders' fees.
    • Warrant Terms: Exercisable into one share for two years from issue at an exercise price of $0.30 per share.
  • Use of Proceeds:
    • NFT Proceeds: Extinguish debt, exploration expenditures, and general working capital.
    • FT Proceeds: Incur Canadian exploration expenses qualifying as flow-through mining expenditures related to projects in Ontario.
  • Hold Periods:
    • Regulatory Hold: All securities subject to regulatory holds expiring on April 24, 2026.
    • Contractual Hold: Shares underlying NFT and FT units (excluding warrants) subject to a 12-month contractual hold period expiring December 23, 2026.
Read the original news release →

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