Renegade Gold Announces Grant of Stock Options

Rhea-AI Summary

Renegade Gold (TSXV: RAGE; OTCQB: TGLDF) announced the grant of 3,025,000 incentive stock options to directors, officers and consultants under its Long Term Incentive Plan on January 16, 2026.

The options vest immediately, are exercisable for three years at a price of $0.52 per share, and are intended as compensation under the company plan.

Positive

• Options align management and consultant incentives with shareholder value
• Options vest immediately, supporting immediate retention and motivation

Negative

• Grant of 3,025,000 options may cause shareholder dilution if exercised
• Options exercisable at $0.52 could be dilutive if market price exceeds exercise price

Vancouver, British Columbia--(Newsfile Corp. - January 16, 2026) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: TGLDF) (FSE: 0700) ("Renegade" or the "Company") announces that a total of 3,025,000 incentive stock options have been granted to directors, officers, and consultants of the Company pursuant to the Company's Long Term Incentive Plan. The options are exercisable for a period of three years at a price of $0.52 per share and shall vest immediately.

About Renegade Gold Inc.

Renegade Gold Inc. 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 1,320 km² prospective and diversified exploration portfolio has significant potential for gold and critical minerals on trend with the major structures hosting known gold occurrences in the Red Lake mining district today, though mineralization elsewhere in the Red Lake mining district is not necessarily indicative of the mineral potential at the Company's properties.

For further information, please contact:

Renegade Gold Inc.
Devin Pickell
President, CEO and Director

info@renegadegold.com
Tel: 604-678-5308

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280715

FAQ

How many stock options did Renegade Gold (TGLDF) grant on January 16, 2026?

Renegade Gold granted 3,025,000 incentive stock options on January 16, 2026.

What is the exercise price and term for the Renegade Gold (RAGE / TGLDF) options?

The options are exercisable at $0.52 per share for a period of three years.

Do the Renegade Gold (TGLDF) options vest over time or immediately?

The options vest immediately according to the announcement.

Who received the 3,025,000 options from Renegade Gold (RAGE / TGLDF)?

The options were granted to the company's directors, officers, and consultants.

What is the likely shareholder impact of Renegade Gold's (TGLDF) option grant?

If exercised, the 3,025,000 options would increase outstanding shares and could dilute existing shareholders.