News

VANCOUVER, BC, April 28, 2025 – Renegade Gold Inc. (TSXV: RAGE, OTCQX: TGLDF, FSE: 070) (“Renegade” or the “Company”) announces that it has amended the terms of purchase option agreements on its Satterly Gold and Uchi Gold properties.  The agreements were first announced in the Company’s news release dated April 5, 2022.

Under the Satterly Gold agreement, the Company will issue 200,000 common shares to the optionors in replacement of the payment of $25,000.  Under the Uchi Gold agreement, the Company will issue 500,000 common shares to the optionors in replacement of the payment of $40,000 and issuance of 20,000 common shares.  Once these common shares are issued, the Company will earn a 100% interest in the Satterly Gold project, subject to a 1.5% net smelter returns royalty in favour of the optionors, and a 100% interest in the Uchi Gold project, subject to a 2.0% net smelter returns royalty in favour of the optionors.

The above amended terms and additional share issuances are subject to the approval of the TSX Venture Exchange.

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 Company’s ownership in Red Lake covers over 89,600 hectares 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.

For further information, please contact:

Renegade Gold Inc.

Nav Dhaliwal
CEO and Director

info@renegadegold.com
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 Information”) 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 press 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 and that 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 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 additional 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.