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Bullboard - Stock Discussion Forum Renegade Gold Inc V.RAGE

Alternate Symbol(s):  TGLDF

Renegade Gold Inc. is a Canada-based company, which is engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. Its principal business activity is the exploration and evaluation of mineral assets. The Company holds over 1,200 square kilometers of property in the Red Lake gold district of Ontario... see more

TSXV:RAGE - Post Discussion

Renegade Gold Inc > Low turn out for private placement???
View:
Post by abc123man on Dec 15, 2023 5:19pm

Low turn out for private placement???

I'm curious to hear what the folks think about the ammended private placements.

The first PP was for 5M (4 Aug 2023), was subsequently cancel because a new 3M PP was now being arranged  (25 Sept 2023).
They approached a liquidity venture group to help maintain orderly trading...? (6 Oct 2023)
Then they extended the 3M PP (5 Dec 2023). 

This to me seems like they are unable to secure or draw up interest and/or investors to the company. Was some of the PP secured?
Comment by PeterThomas on Dec 18, 2023 5:00pm
Next PP revision will lower the price from 0.32 to .16.  They just need enough money to pay themselves.
Comment by marpincan on Dec 19, 2023 8:36pm
You pose a very good question. I wander what management would have to say about that?? You would think that the clowns now running this company would have some level of certainty before making an announcement like that and it sure looks like they had non. They seem to be on nothing more than a fishing expedition.   IMO - Prior leadership set this company up for failure with to big a focus on ...more  
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