Renegade Gold Inc. Completes 1:3 Share Consolidation and Adjusts ISIN Structure

Renegade Gold Inc., the Canadian‑based mining services provider listed on the TSX Venture Exchange, has finalized a 1:3 share consolidation that will reduce the total number of shares outstanding and streamline its capital structure. The consolidation was formally announced on 15 October 2025, with the completion confirmed the following day by the company’s corporate communications team.

Key Details of the Consolidation

  • Transaction: 1 share of Renegade Gold will be exchanged for 3 new shares, effectively “rolling back” the share count to a more manageable level.
  • Timing: The rollback commenced on 15 October 2025 and was completed on 16 October 2025, as reported by StockWatch and Minenportal.
  • Impact on Shareholders: Existing holders receive 3 new shares for every share held prior to the consolidation. The move does not alter the market capitalization but adjusts the per‑share metrics, such as price‑to‑earnings ratios and dividend calculations.

ISIN Re‑designation

In conjunction with the consolidation, Renegade Gold underwent an ISIN (International Securities Identification Number) change, as detailed in a notice from Finanznachrichten dated 16 October 2025:

  • The company’s ISIN was updated from CA75974M1059 to CA75974M2040 effective 17 October 2025.
  • The change reflects the new share structure and facilitates clearer identification in global trade systems.
  • The ISIN transition aligns with standard regulatory requirements for companies that alter their share count or corporate structure.

Market Context

  • Current Price: The share closed at CAD 0.14 on 14 October 2025, trailing its 52‑week low of CAD 0.10 and approaching the 52‑week high of CAD 0.23 set in late October 2024.
  • Market Capitalisation: At CAD 6.31 million, Renegade Gold remains a small‑cap entity focused on gold and precious‑metal exploration within Canada, particularly in Ontario.
  • Financial Metrics: The negative price‑earnings ratio of –0.879 reflects the company’s current operating losses, a typical scenario for a service‑oriented mining outfit still in the early stages of generating revenue from its exploration activities.

Forward‑Looking Perspective

The share consolidation positions Renegade Gold to present a more attractive profile to institutional investors and to potentially lower the barrier to entry for retail participation. By consolidating shares, the company aims to improve liquidity, reduce transaction costs, and align its capital structure with industry peers.

The ISIN update further consolidates the company’s presence on international platforms, ensuring seamless trade execution and compliance with global securities regulations. Together, these actions signal Renegade Gold’s intent to refine its corporate governance while continuing to deliver high‑quality exploration services in the Canadian metals sector.

Investors should monitor the company’s upcoming exploration milestones and financial disclosures, as these will determine the trajectory of its valuation within the volatile gold market. The recent structural adjustments lay a robust foundation for a more efficient market presence and pave the way for future capital‑raising initiatives, should the company choose to pursue additional funding for its exploration pipeline.