Renegade Gold Inc. (TSE:RAGE) has released an update.
Renegade Gold Inc. has announced a private placement aimed at raising $3.4 million by offering 17 million units at $0.20 each, with each unit comprising a common share and a warrant. The funds are designated for debt reduction, exploration of the company’s properties, and general working capital. The placement is pending regulatory approval and will adhere to a statutory hold period of four months and one day post-issue.
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