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Renegade Exploration Issues New Shares to Bolster Capital

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Renegade Exploration Issues New Shares to Bolster Capital

Renegade Exploration Limited ( (AU:RNX) ) just unveiled an update.

Renegade Exploration Limited has issued 3,360,000 fully paid ordinary shares at a price of $0.005 each. The issuance was made without disclosure to investors under Part 6D.2 of the Corporations Act 2001, and the company confirms compliance with relevant provisions of the Act. This move could potentially impact the company’s capital structure and market positioning.

More about Renegade Exploration Limited

Renegade Exploration Limited is a company listed on the Australian Securities Exchange (ASX) under the ticker RNX. It operates in the exploration sector, focusing on identifying and developing mineral resources.

Technical Sentiment Signal: Buy

Current Market Cap: A$4.49M

Learn more about RNX stock on TipRanks’ Stock Analysis page.

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