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RAGE.V ·

Renegade Gold Engages Venture Liquidity Providers Inc. as Market Maker

Marketing Announcement

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Renegade Gold Engages Venture Liquidity Providers Inc. as Market

Maker

VANCOUVER, BC, October 6, 2023 – Renegade Gold Inc. (TSXV: RAGE, OTCQX: TGLDD,

FSE: 070) (“Renegade” or the “Company”) announces that, subject to regulatory approval, it has retained

Venture Liquidity Providers Inc. (“ VLP”) to provide assistance in maintaining an orderly trading market

for the common shares of the Compa ny via market-making services to be undertaken through a registered

broker, W.D. Latimer Co. Ltd. (“ WDL”), in compliance with the appli cable policies of the TSX Venture

Exchange and other applicable laws.

In consideration for its services, the Company has agreed to pay VLP a monthly fee of $5,000 for a period

of 3 months, with automatic renewal for successive one-month terms. The agreement may be terminated at

any time by either the Company or VLP. VLP has no present interest, directly or indirectly, in the Company

or its securities. The financing and the shares requi red for the market-making service will be provided by

WDL. There are no performance factors contained in the agreement and VLP will not receive any securities

of the Company as compensation.

VLP is a specialized consulting firm based in Tor onto providing a variety of services focused on TSX

Venture Exchange listed issuers.

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.

For further information, please contact:

Renegade Gold Inc.

Nav Dhaliwal

President, CEO and Director

[email protected]

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.

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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 services to be provided by VLP. The words “expect,” “may,” “will”,

“subject to” 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 technical difficulties, risks related to un foreseen delays; general economic, market or business

conditions, regulato ry changes; timelin ess of regulatory approva ls, the risks of obtaining necessary licenses and

permits, changes in general economic conditions or conditions in the financial markets and the inability to raise

additional financing. Reader s are cautioned not to place undue reliance on this Forwar d-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.