Mr. Nav Dhaliwal reports

RENEGADE GOLD ISSUES SHARES TO BENTON RESOURCES IN PAYMENT OF $300,000 OPTION

Renegade Gold Inc., further to its news release of Dec. 1, 2023, has issued 769,230 common shares to Benton Resources Inc. in satisfaction of its obligation to make a cash payment of $300,000 pursuant to the terms of the option agreement, whereby the company has the right to acquire the remaining 30-per-cent interest (for a total interest of 100 per cent) in the Panama Lake property.

About Renegade Gold Inc.

Renegade Gold 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 recent completion of the acquisition of Pacton Gold Inc. extends the company's ownership in Red Lake to 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. A portfolio of prospective projects in Western Australia has also been acquired.

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