Renegade Gold Arranges $3,000,000 Private Placement
1
Renegade Gold Arranges $3,000,000 Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC, September 25, 2023 – Renegade Gold Inc. (TSXV: RAGE, OTCQX: TGLDD,
FSE: 070) (“Renegade” or the “Company”) announces that it has arranged a private placement of up to
9,375,000 units (the “ Units”) at $0.32 per Unit for total gross proceeds of up to $3 million (the
“Placement”). Each Unit will consist of one common shar e and one transferable share purchase warrant,
each warrant exercisable into one ad ditional common share for a period of two years from date of issue at
a price of $0.45 per share.
All securities issued under the Placement will be subject to a hold period expiring four months and one day
from the date of issue.
Finders’ fees may be payable on all or part of the Placement pursuant to the policies of the TSX Venture
Exchange.
The Company intends to use the net proceeds of the Placement to extinguish debt, for exploration work on
the Company’s exploration properties and for general working capital.
The Company anticipates closing of the Placement (in one or more tranches) as soon as practicable subject
to receipt of all necessary regulatory approvals.
The Company also advises that the private placement announced on August 4, 2023, has been cancelled.
This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in
the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Se curities Act”) or any state securities laws and may
not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
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 recent completion of the acquisition
of Pacton Gold Inc. extends Trillium’s ownership in Red Lake to over 89,600 hect ares of prospective and
diversified exploration properties with significant potential for gold and critical minerals on trend with the
major structures hosting known gold occurrences in the Red Lake mining district today. A portfolio of
prospective projects in Western Australia has also been acquired.
2
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 Secu rities Litigation Reform Act of 1995. Forward-Looking
Information includes, but is not limited to, the anticipated timing for completion of the Placement and use of proceeds
therefrom. 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, assumptions 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. Factors that may cause actual results to vary materially
include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral
deposits, currency fluctuations, unanticipated operational or t echnical 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 add itional 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.