Tuesday, 02 January 2024 12:17 GMT

Renegade Gold Announces Completion Of Share Consolidation


(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: TGLDF) (FSE: 070) (" Renegade " or the " Company ") is pleased to announce that it has received approval from the TSX Venture Exchange to consolidate the Company's outstanding common shares on the basis of one new common share for every three common shares (the " Consolidation ").

The Consolidation will take effect at the start of trading on October 17, 2025, and the Company will trade under the new CUSIP/ISIN numbers 75974M204/CA75974M2040. As a result of the Consolidation, the 52,619,393 common shares issued and outstanding prior to the Consolidation will be reduced to approximately 17,539,797 common shares. Each shareholder's percentage ownership in the Company and proportionate voting power will remain unchanged after the Consolidation, except for minor changes and adjustments resulting from the treatment of any fractional common shares.

In connection with the Consolidation, the Company's registrar and transfer agent, Endeavor Trust Corporation, will send letters of transmittal to registered holders of its common shares for use in transmitting their existing share certificates (" Existing Certificates ") to new certificates (" New Certificates ") representing the number of post-Consolidation common shares to which each shareholder is entitled.

No delivery of a New Certificate to a shareholder will be made until the shareholder has surrendered its Existing Certificates. Until surrendered, each Existing Certificate shall be deemed for all purposes to represent the number of post-Consolidation common shares to which the holder is entitled.

About Renegade Gold Inc.

Renegade Gold Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. As part of its regional-scale consolidation strategy, the Company has assembled one of the largest prospective land packages in and around the Red Lake mining district in proximity to major mines and deposits, as well as along the Confederation Lake and Birch-Uchi greenstone belts. The 94,000-hectare prospective and diversified exploration portfolio has significant potential for gold and critical minerals on trend with the major structures hosting known gold occurrences in the Red Lake mining district today, though mineralization elsewhere in the Red Lake mining district is not necessarily indicative of the mineral potential at the Company's properties.

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