On April 8, 2024, Renegade Gold Inc. closed the transaction. The company announced that it has received 17,000,000 units at an issue price of CAD 0.20 per unit for the gross proceeds of CAD 3,400,000. Each Unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share for a period of three years from date of issue at a price of CAD 0.25 per share. A company controlled by two directors of the Company acquired 1,250,000 Units under the Placement for a total purchase price of CAD 250,000 and a company controlled by an officer of the Company acquired 100,000 Units under the Placement for a total purchase price of CAD 20,000. All securities issued and made issuable under the Placement are subject to hold periods expiring August 6, 2024.


On the same date, the company announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 30 placees and 2 insiders for CAD 1,350,000.

The company has raised CAD 239,670.17 ($473,630) from 1 investor pursuant to regulation D.