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Renegade Exploration Issues New Shares to Strengthen Capital

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Renegade Exploration Issues New Shares to Strengthen Capital

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Renegade Exploration Limited ( (AU:RNX) ) has shared an update.

Renegade Exploration Limited announced the issuance of 12,166,666 fully paid ordinary shares at an issue price of $0.005 each. This move, compliant with the Corporations Act 2001, indicates the company’s strategic financial maneuver to potentially enhance its capital base without requiring disclosure to investors, reflecting a robust adherence to regulatory standards.

More about Renegade Exploration Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$14.36M

For detailed information about RNX stock, go to TipRanks’ Stock Analysis page.

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