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Renegade Exploration Limited (ASX:RNX)

ALERT: Price-sensitive ASX Announcement for RNX
Current share price for RNX : $0.003 0.001 (25%)+
Announcement
Release
31 Jul 2026 3:28PM
Price at Release
$0.002
Full Release
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Summary
For the quarter ending 30 June 2026, Renegade Exploration Limited reported the completion of its divestment of interests in the Carpentaria Joint Venture to True North Copper Limited, valued at $2.88 million. This divestment included cash, shares, and performance rights, allowing Renegade to retain exposure to the Mongoose-Taipan development. The company advanced exploration efforts in its Nevada and Yukon projects, with a focus on refining drill targets and planning. Renegade also increased its loan facility to $1 million, secured by Yukon assets. At quarter's end, Renegade had $38,000 in cash and $540,000 in available funding.
Key Points
  • Renegade Exploration Limited completed the divestment of its interests in the Carpentaria Joint Venture and EPM 8588 to True North Copper Limited.
  • The divestment transaction was valued at $2.88 million, comprising cash, shares, and performance rights.
  • Renegade retained exposure to the Mongoose-Taipan development through shares and performance rights.
  • During the quarter, Renegade focused on planning and progressing exploratory drilling in Nevada and Yukon projects.
  • Renegade increased its loan facility to $1 million with an interest rate of 12%, secured by a negative pledge over its Yukon assets.
  • At the end of the quarter, the company had $38,000 in cash and $540,000 in available funding.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.