Renegade Gold Announces Debt Settlement
Renegade Gold Announces Debt Settlement
VANCOUVER, BC, August 8, 2024 – Renegade Gold Inc. (TSXV: RAGE, OTCQX: TGLDF, FSE: 070)
(“Renegade” or the “ Company”) announces that it has agreed, s ubject to the acceptance of the TSX
Venture Exchange, to settle $576,348.29 worth of debt to an arm’s length party by the issuance of 1,921,161
common shares of the Company at a deemed price of $0.30 per share. All common shares issued under the
debt settlement will be subject to a hold period expiring four months and one day from the date of issue.
About Renegade Gold Inc.
Renegade Gold Inc. is a growth focused company e ngaged 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 Compan y 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 greenst one belts. The 89,600 hectares prospective and
diversified exploration portfolio has significant poten tial for gold and critical minerals on trend with the
major structures hosting known gold occurrences in the Red Lake mining district today.
For further information, please contact:
Renegade Gold Inc.
Nav Dhaliwal
President, CEO and Director
Tel: 604-678-5308
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note regarding Forward-Looking Statements
Statements contained in this press release that are not historical facts are “forward-looking information” or “forward-
looking statements” (collectively, “Forward-Looking Info rmation”) within the meaning of applicable Canadian
securities legislation and the United States Private Securities Litigation Reform Act of 1995. The words “anticipate,”
“significant,” “expect,” “may,” “will” and similar expressions are intended to be among the statements that identify
Forward-Looking Information. Forward-Looking Information is subject to known and unknown risks, uncertainties
and other factors that may cause actual results to differ materially from those implied by the Forward-Looking
Information. In preparing the Forward-Looking Information in this news release, the Company has applied several
material assumptions, including, but not limited to, assump tions that general business and economic conditions will
not change in a materially adverse manner; that all requisite approvals will be received, and all requisite information
will be available in a timely manner. F actors that may cause actual results to vary materially include, but are not
limited to, inaccurate assumptions concerning the explora tion for and development of mineral deposits, currency
fluctuations, unanticipated operational or technical difficulties, risks related to unforeseen delays; general economic,
market or business conditions, regulatory changes; timeliness of regulatory approvals, the risks of obtaining necessary
licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability
to raise financing. Readers are cautioned not to place undue reliance on this Forward-Looking Information. The
Company does not assume the obligation to revise or update this Forward-Looking Information after the date of this
release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required
under applicable securities laws.