Renegade Gold Secures C$5 Million Financing Deal

Renegade Gold Inc. has formalized an agreement with Red Cloud Securities Inc. for a bought deal private placement aiming to raise C$5 million. This involves selling units at C$0.27 each and flow-through shares at C$0.30. A unit includes one common share and one purchase warrant, allowing future share purchases at C$0.375 until November 2029. An additional option allows Red Cloud to purchase up to C$1 million more in units or shares.

The raised funds will back Renegade's projects in Ontario's Red Lake Mining District and cover general expenses. The deal closes on November 26, 2026, pending necessary approvals. These offerings comply with Canadian Prospectus Exemptions and can extend to qualified purchases outside Canada without needing a U.S. prospectus.