New Risk • Mar 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 132% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Shareholders have been substantially diluted in the past year (132% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$26.0m market cap, or US$19.2m). Announcement • Jan 23
Renegade Gold Inc. Provides Exploration Update for Red Lake Gold Project, Ontario Renegade Gold Inc. provide and exploration update on its district- scale greenfield discovery program at its Gullrock and Confederation Properties and advances in geological modeling at its Newman Todd Project, located in the Red Lake Mining District, Ontario. Highlights: Advanced Geological Modeling at Newman Todd: A comprehensive review of all recent and historic drilling and interpretation of 2025 LiDAR data has resulted in the delineation of 36 new high-grade mineralized domains. District-Scale Greenfield Exploration Advancing: Systematic exploration continues across the Gullrock and Confederation Projects with the objective of developing a pipeline of drill-ready targets in the Red Lake Mining District. UAV Magnetic Surveys Nearing Completion at Confederation: High-resolution UAV magnetic surveys are underway over key structural corridors, including the Arrow Trend and LP Fault, targeting structures on trend with the Total Metals Electrode and Kinross Gold Great Bear deposits. New Drill Targets Identified at Gullrock: Integrated lithostructural interpretation, high- resolution magnetics, and geochemical analysis have identified multiple new drill targets exhibiting strong geological similarities to the Red Lake Mine trend. Preliminary drill planning has been completed and permitting is in progress. Technical Team Strengthened: Two new Exploration Managers have been appointed, adding more than 30 years of combined gold exploration and production experience to advance both greenfield and advanced-stage assets. The Company reports significant progress in the development of a revised geological model at its Newman Todd Project. The updated model incorporates data from 209 drill holes totaling 86,000 m, together with interpretation of LiDAR data acquired in 2025. This work has resulted in the development of updated structural and geological models and the delineation of 36 newly defined high-grade mineralized domains. These models will be instrumental for planning in the next phases of drilling. In addition to work at Newman Todd, the Rivard Zone has been integrated, resulting in the delineation of 11 new mineralized domains from 65 drill holes totaling 16,500 m of historic drilling data. The Company continues to systematically advance the most prospective and under-explored portions of the Red Lake and Confederation Belts with a focus on delineating a pipeline of new drill targets. At the Confederation property, new UAV (Unmanned Aerial Vehicle) magnetic surveys are nearing completion over major structural corridors. The new magnetic survey will cover the Arrow Trend, adjacent to the Total Metal's Electrode deposit, and the LP fault, which lies on trend with the Kinross Great Bear deposit. Data collection on the new survey totals 3,780 line km and is approximately 95% complete. The high-resolution magnetic data will enhance geological mapping and improve the identification of potential gold and multi-meta-bearing structures. When integrated with ongoing geological compilation, the results are expected to guide next phase exploration and drill target generation. Additional high-priority areas on the Confederation property include the BobJo and South Bay Mine areas. At BobJo, historic drilling completed in 2007 and 2010 returned results of 18.0 g/t Au over 0.9 m and 6.13 g/t Au over 0.7 m which were not followed up. Compilation of historic mining plans dating back to the 1920s is currently underway. The Gullrock Project, located along the Red Lake Mine structural corridor, had been the subject of recent lithostructural and geochemical analyses that have identified multiple new drill targets exhibiting strong geological similarities to the Red Lake Mine. A regional unconformity identified in high-resolution magnetic date acquired in 2020 transects the property, with rocks of both the Balmer and Confederation assemblages present. Structural preparation of Balmer volcanic rocks that host mineralization in the Red Lake Mine, is evident through folded units and faulted lineaments identified in the magnetic data. These features are juxtaposed against the regional unconformity and correlate with geochemical anomalies along sheared axial planar trends and structural intercepts. Preliminary drill planning has been completed, and permitting is currently in progress. Announcement • Jan 14
Renegade Gold Inc. Announces Board Changes Renegade Gold Inc. appointed Enrico (Rick) Paolone and Dain Currie as directors of the Company. Mr. Paolone has also been appointed as Chairman of the Board. Mr. Paolone brings more than 32 years of experience advising institutional portfolio managers across Canada and the United States. He previously served as Executive Vice President and founding Partner of the Capital Markets Division at Haywood Securities Inc., and as Branch Manager of the firm’s Toronto office. Mr. Paolone has extensive experience in capital raising and capital markets transactions for early-stage public companies, with a focus on the natural resources sector, including precious metals and energy. He brings deep experience in corporate governance, strategic advisory, and capital formation. Mr. Paolone holds a Chartered Financial Analyst (CFA) designation and bachelor’s degrees in finance and economics. Mr. Currie is a capital markets and corporate strategy professional with over 20 years of experience advising private and public companies, primarily in the mining and natural resource sectors. He began his career as an investment advisor focused on junior resource markets and was most recently with Haywood Securities. Since that time, Mr. Currie has worked closely with management teams and boards on strategic planning, capital allocation, financing strategy, and governance, and has remained actively involved in the sector through principal investments and strategic advisory roles. Mr. Currie is President and Director of Oceanside Strategies Inc., and a Partner and Director of Oceanside Group. He has previously served as a director of South Pacific Metals Corp., Intertidal Capital Corp., and Wittering Capital Corp. John Newell has resigned as a director of the Company. Mr. Newell will now act as an advisor to the Company. New Risk • Dec 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (CA$7.92m market cap, or US$5.78m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Dec 25
Renegade Gold Inc. announced that it has received CAD 4.66427 million in funding On December 24, 2025, Renegade Gold Inc closed the transaction. The company issued 18,975,086 non-flow through units at a price of CAD 0.23 for aggregate proceeds of CAD 4,364,269.78 and 1,304,347 flow through units at a price of CAD 0.23 per FT unit for aggregate proceeds of CAD 299,999.81, total gross proceeds amounting to CAD 4,664,269.59. The Company issued an aggregate of 1,212,756 non-transferable share purchase warrants in payment of finders’ fees under the Placement. Each Finders Warrant is exercisable into one Share for a period of two years from the date of issue at a price of $0.30 per Share. All securities issued under the Placement are subject to applicable regulatory holds expiring on April 24, 2026. Additionally, the Shares underlying the NFT Units and FT Units (but excluding the Shares underlying the NFT Warrants and FT Warrants) are subject to a 12-month contractual hold period expiring December 23, 2026. Announcement • Dec 05
Renegade Gold Inc. announced that it expects to receive CAD 4.3 million in funding Renegade Gold Inc. announces a non-brokered private placement to issue 17,391,304 Non Flow Through Units at a price of CAD 0.23 per unit for gross proceeds of CAD 4,000,000 and 1,304,348 Flow Through Units at a price of CAD 300,000 for aggregate proceeds of CAD 4,300,000 on December 4, 2025. Each NFT Unit will consist of one common share of the Company and one transferable share purchase warrant, each warrant exercisable into one Share for a period of three years from the date of issue at a price of CAD 0.30 per Share. Each FT Unit will consist of one flow-through Share and one-half of one transferrable share purchase warrant, each whole warrant exercisable into one non flow-through Share for three years from the date of issue at a price of CAD 0.30 per Share. The Company may pay finders’ fees comprised of cash and/or non-transferable warrants in connection with the Placement, subject to compliance with the policies of the TSXV and applicable securities laws. The Company anticipates closing of the Placement (in one or more tranches) as soon as practicable subject to receipt of all necessary regulatory approvals, including the approval of the TSXV. All securities issued under the Placement will be subject to applicable regulatory holds expiring four months and one day from date of issue. Additionally, the Shares underlying the NFT Units and FT Units (but excluding the Shares underlying the NFT Warrants and FT Warrants) will be subject to a 12-month contractual hold period. Announcement • Nov 11
Renegade Gold Inc. announced that it expects to receive CAD 4.3 million in funding Renegade Gold Inc. announced a non-brokered private placement for aggregate gross proceeds of up to CAD 4,299,999.73 consisting of 17,391,304 non flow through units at CAD 0.23 per NFT Unit for gross proceeds of up to CAD 3,999,999.92 and 1,304,347 flow through units at a price of CAD 0.23 per FT Unit for gross proceeds of up to CAD 299,999.81 on November 10, 2025. Each NFT Unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into one Share for a period of two years from the date of issue at a price of CAD 0.30 per Share. Each FT Unit will consist of one flow-through Share and one-half of one transferrable share purchase warrant, each whole warrant exercisable into one non flow-through Share for two years from the date of issue at a price of CAD 0.30 per Share The Company may pay finders’ fees comprised of cash and non-transferable warrants in connection with the Placement, subject to compliance with the policies of the TSXV and applicable securities laws. The Company anticipates closing of the Placement (in one or more tranches) as soon as practicable subject to receipt of all necessary regulatory approvals, including the approval of the TSXV. All securities issued under the Placement will be subject to applicable regulatory holds expiring four months and one day from date of issue. New Risk • Nov 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.0m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.03m market cap, or US$5.00m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). Announcement • Oct 27
Renegade Gold Inc., Annual General Meeting, Dec 22, 2025 Renegade Gold Inc., Annual General Meeting, Dec 22, 2025. New Risk • Mar 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$10m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$10m free cash flow). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (160% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.98m market cap, or US$5.49m). Announcement • Dec 21
Renegade Gold Inc. announced that it has received CAD 1.07031 million in funding On December 20, 2024. Renegade Gold Inc. has closed the transaction. In consideration for arranging the Placement, the Company paid finder’s fees comprised of cash payments totaling CAD 77,921.64 and issued an aggregate of 432,898 non-transferable share purchase warrants. Announcement • Dec 06
Renegade Gold Inc. announced that it expects to receive CAD 1 million in funding Renegade Gold Inc. announced a non-brokered private placement to issue 5,555,555 flow-through common shares at an issue price of CAD 0.18 per share for the gross proceeds of CAD 999,999.9 on December 5, 2024. The Company may pay finders’ fees comprised of cash and non-transferable warrants in connection with the Placement, subject to compliance with the policies of the TSX Venture Exchange and applicable securities laws. The Company anticipates closing of the Placement (in one or more tranches) as soon as practicable subject to receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Placement will be subject to applicable regulatory holds expiring four months and one day from date of issue. New Risk • Oct 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$7.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.6m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (214% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.97m market cap, or US$6.46m). Announcement • Oct 14
Renegade Gold Inc., Annual General Meeting, Dec 12, 2024 Renegade Gold Inc., Annual General Meeting, Dec 12, 2024. Location: british columbia, vancouver Canada Announcement • Sep 03
Renegade Gold Inc. Announces the Appointment of Mr. John Newell to the Board of Directors Renegade Gold Inc. announced the appointment of Mr. John Newell to the Board of Directors of the Company. Mr. Newell has 40 years' experience in the investment industry acting as an officer, director, portfolio manager and investment advisor with some of the largest investment firms in Canada including Scotia McLeod, CIBC Wood Gundy and Richardson Greenshields (RBC Capital Markets), where he developed a disciplined proprietary approach to investing in precious metals equities and commodities. Mr. Newell was one of the first investment advisors in Canada to adopt computerized portfolio management software alongside traditional asset selection and management strategies. He held the position of Portfolio Manager of the Fieldhouse Absolute Return Precious Metals Fund, incorporating equity research, analytical frameworks and risk controls to evaluate and select long and short stocks primarily from the Canadian small and mid-cap coverage universe. Mr. Newell currently serves as the President and Chief Executive Officer of Golden Sky Minerals Corp. and Thunderbird Minerals Corp. He has developed extensive expertise in raising exploration funds in the capital markets, valuation methods, and risk management strategies. New Risk • Aug 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (186% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.29m market cap, or US$6.82m). Announcement • Jun 28
Renegade Gold Inc. announced that it has received CAD 3 million in funding On June 27, 2024, Renegade Gold Inc. closed the transaction. The company paid finder's fees comprised of cash payments totaling CAD 152,687.54 and issued an aggregate of 386,419 non-transferable share purchase warrants in connection with the placement to eligible finders. Each finder's warrant is exercisable to acquire one common share for a period of two years from the date of issue at a price of CAD 0.60 per share. All securities issued and made issuable under the placement are subject to a hold period expiring October 27, 2024. The transaction included participation from a company controlled by two directors of the company for 200,000 units. New Risk • May 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.5m (US$9.84m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (370% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.5m market cap, or US$9.84m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • May 29
Renegade Gold Inc. announced that it expects to receive CAD 3 million in funding Renegade Gold Inc. announced a non-brokered private placement of 3,750,000 flow-through common shares at a price of CAD 0.40 per share for the gross proceeds of CAD 1,500,000 and 2,857,142 flow-through units at a price of CAD 0.525 per unit for the gross proceeds of CAD 1,499,999.55; aggregate gross proceeds of CAD 2,999,999.55 on May 28, 2024. Each FT unit consists of one flow-through common share and one-half non-transferable share purchase warrant, with each whole such warrant exercisable to acquire one non-flow-through common share for a period of two years from the date of issue at a price of CAD 0.60. The company may pay finders' fees comprising cash and non-transferable warrants in connection with the placement, subject to compliance with the policies of the TSX Venture Exchange and applicable securities laws. The company anticipates closing of the placement (in one or more tranches) as soon as practicable, subject to the receipt of all necessary regulatory approvals, including the approval of the TSX-V. Announcement • Apr 09
Renegade Gold Inc. announced that it has received CAD 3.4 million in funding On April 8, 2024, Renegade Gold Inc. closed the transaction. The company announced that it has received 17,000,000 units at an issue price of CAD 0.20 per unit for the gross proceeds of CAD 3,400,000. Each Unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share for a period of three years from date of issue at a price of CAD 0.25 per share. A company controlled by two directors of the Company acquired 1,250,000 Units under the Placement for a total purchase price of CAD 250,000 and a company controlled by an officer of the Company acquired 100,000 Units under the Placement for a total purchase price of CAD 20,000. All securities issued and made issuable under the Placement are subject to hold periods expiring August 6, 2024.
On the same date, the company announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 30 placees and 2 insiders for CAD 1,350,000. New Risk • Apr 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (157% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.19m market cap, or US$6.03m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Mar 28
Renegade Gold Inc. announced that it expects to receive CAD 3.4 million in funding Renegade Gold Inc announced a private placement of up to 17,000,000 units at an issue price of CAD 0.20 per unit for the gross proceeds of CAD 3,400,000 on March 27, 2024. Each Unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share for a period of three years from date of issue at a price of CAD 0.25 per share. All securities issued under the Placement will be subject to a hold period expiring four months and one day from the date of issue. The Company anticipates closing of the Placement (in one or more tranches) as soon as practicable subject to receipt of all necessary regulatory approvals. Recent Insider Transactions • Feb 01
Director recently bought CA$100k worth of stock On the 26th of January, James Starr bought around 313k shares on-market at roughly CA$0.32 per share. This transaction amounted to 87% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$128k more in shares than they bought in the last 12 months. Announcement • Jan 24
Renegade Gold Inc. Commences Multi-Drill Program in Red Lake, Ontario Renegade Gold Inc. announced that a multi-drill exploration campaign has commenced at its Red Lake Gold Project. The program will total 10,000 meters, utilizing two drills to test extensional targets at the advanced Newman Todd Deposit and high-priority regional targets at the Confederation property. Program Highlights: High-grade Extensional Targets at Newman Todd Deposit. Previous programs have focused on widespread, near surface mineralization. Recent modelling suggests multiple high-grade zones with expansion potential along strike and at depth. Drilling for the current program will target high-grade zones. High-Priority Regional Targets at Confederation Property. Multiple new targets to be tested at the Confederation Project including Fly Moth, Panama and Fredart prospect areas. Announcement • Jan 19
Renegade Gold Inc. announced that it has received CAD 1.4908 million in funding On January 18, 2024, Renegade Gold Inc. closed the transaction. The company issued 1,875,000 units at an issue price of CAD 0.32 per unit for the proceeds of CAD 600,000 in the second and final tranche. All securities issued under the placement will be subject to a hold period expiring four months and one day from the date of issue. Each unit consists of one common share and one transferable share purchase warrant, each warrant exercisable to acquire one additional common share for a period of two years from date of issue at a price of CAD 0.45 per share. The company has issued 4,658,750 units were issued for aggregate gross proceeds of CAD 1,490,800. The transaction included participation from a director who has 312,500 units for the gross proceeds of CAD 100,000. Recent Insider Transactions • Jan 19
Director recently sold CA$130k worth of stock On the 12th of January, James Starr sold around 294k shares on-market at roughly CA$0.44 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$228k more than they bought in the last 12 months. Recent Insider Transactions • Dec 25
Director recently sold CA$60k worth of stock On the 20th of December, James Starr sold around 137k shares on-market at roughly CA$0.44 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$98k more than they bought in the last 12 months. Announcement • Nov 24
Renegade Gold Inc. Announces Chief Financial Officer Changes Renegade Gold Inc. announced that P. Joseph Meagher has been appointed Chief Financial Officer of the Company. Mr. Meagher holds a Bachelor of Commerce from the University of British Columbia, became a Chartered Professional Accountant (CPA, CA) in 2008, and obtained the Chartered Director (C.Dir.) designation from The Directors College (a joint venture between McMaster University and The Conference Board of Canada) in 2017. Mr. Meagher has extensive experience working with publicly listed companies. Jeffrey O'Neill has resigned as Chief Financial Officer. Announcement • Oct 21
Renegade Gold Inc. Appoints Nathan Tribble as Director Renegade Gold Inc. announced that Nathan Tribble has been appointed as a director of the Company. Mr. Tribble has over 15 years of professional experience in exploration and mining, with a particular focus on gold and base metal exploration and project evaluation. Past experience includes Senior Principal Geologist for Sprott Mining, Senior Geologist for Bonterra Resources, Jerritt Canyon Gold, Kerr Mines, Northern Gold, Lake Shore Gold and Vale Inco. He was also part of the exploration team that discovered the 8.2 million-ounce Côté Lake gold deposit for Trelawney Mining and Exploration Inc. Mr. Tribble is registered as a Professional Geoscientist in Ontario and holds a Bachelor of Science degree in Geology from Laurentian University. Announcement • Sep 26
Renegade Gold Inc. announced that it expects to receive CAD 3 million in funding Renegade Gold Inc. announced a private placement of up to 9,375,000 units at a price of CAD 0.32 per unit for gross proceeds of up to CAD 3,000,000 on September 25, 2023. Each unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share for a period of two years from date of issue at a price of CAD 0.45 per share. All securities issued under the transaction will be subject to a hold period expiring four months and one day from the date of issue. The company may pay finders’ fees on all or part of the transaction pursuant to the policies of the TSX Venture Exchange. The company anticipates closing of the transaction in one or more tranches as soon as practicable subject to receipt of all necessary regulatory approvals. Announcement • Sep 23
Renegade Gold Inc., Annual General Meeting, Nov 16, 2023 Renegade Gold Inc., Annual General Meeting, Nov 16, 2023. Announcement • Jul 22
Renegade Gold Inc. Announces Resignation of Krisztian Toth as Director Renegade Gold Inc. announced that Krisztian Toth has resigned as a director of the company. New Risk • Jul 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 151% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.6m free cash flow). Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (151% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.5m market cap, or US$7.93m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Jul 07
Trillium Gold Mines Inc. Provides Details of Its Exploration Focus and Next Steps for Growing Shareholder Value Trillium Gold Mines Inc. provided details of its exploration focus and next steps for growing shareholder value. Having successfully completed its merger with Pacton Gold, the Company is positioned to emerge as a dominant explorer in the famous Red Lake Mining District - home to major gold producers such as Kinross Gold and Evolution Mining. With the largest, most strategic land position in the District, the Company plans to roll out aggressive exploration programs at key locations, including the Newman Todd project which features no less than 10 high-grade gold zones and recent drilling intercepts with bonanza grades. Company Highlights. B ordering five mines and advanced projects, including Evolution's Red Lake operations, Kinross' Dixie project and First Mining's Springpole project. Major Mineralization with Expansion Potential. Newman Todd project hosts 10 high-grade zones along a 2.1 km strike, including a large and shallow historic 43-101 compliant resource estimate. High Grades on Property. The last two holes press released at Newman Todd encountered bonanza grades such as NT22-211 with 40.56 g/t Au over 4.18 m, including 214 g/t Au over 0.30 m and NT22-212 with 8.75g/t Au over 20.4m, including 549 g/t Au over 0.,3 m. Extensive Drill Results and Sampling Database Including Numerous Exploration Hotspots. Over $60 million has been spent exploring this remarkable portfolio, with survey, mapping, sampling, and drill results covering over 89,600 ha. Joint Venture with Evolution Mining. Sidace project is jointly owned with Red Lake's senior producer and includes three high-grade zones, each of which is open along strike and at depth. Additional Upside from Critical Metals. While the portfolio is primarily focused on gold, work programs have previously encountered significant occurrences of critical metals. Exploration Strategy. The Company plans to conduct a significant drill program expected to commence by September. The campaign will include expansion drilling at the Newman Todd project, where minimal drilling has been conducted below 400 m and along strike of existing zones. In previous drilling at Newman Todd, more than 40% of holes have intersected grades more than 20 g/t Au over a variety of intervals, which suggests an extensive, strongly mineralized system with room for expansion. Drilling will also be conducted at high priority regional targets on the newly combined land package including the Confederation, Gullrock and Main Red Lake properties. Additionally, the Company will be following up on previously identified occurrences of critical minerals. The business case and growth prospect for battery metals is robust, and both the federal and provincial governments are aggressively supporting the growth of domestic battery supply chains. Dale Ginn, P.Geo., Executive Chairman & Director of Trillium, is a Qualified Person as defined under 3 NI 43-101. Announcement • Jun 09
Pacton Receives Final Order Approving Plan of Arrangement with Trillium Gold Mines Inc Trillium Gold Mines Inc. and Pacton Gold Inc. Parties pleased to announce the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement (the “Arrangement”) under section 288 of the Business Corporations Act (British Columbia). New Risk • Jun 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.6m free cash flow). Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.78m market cap, or US$6.58m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding). Announcement • May 19
Trillium Gold Mines Inc. Field Work on Confederation Belt Reveals Strong Affinity to Red Lake's Major Structural Trends Trillium Gold Mines Inc. (Trillium Gold or the Company) provided an update from the lithogeochemistry, structural and stratigraphic studies over its approximate 570 sq km Confederation Belt project in Red Lake, Ontario. The project encompasses one of the largest contiguous land positions ever assembled in the Red Lake mining district, bound by the same geological trends that have defined the Red Lake Mining District as a world-class mining jurisdiction. The results from the Company's field work strongly suggest structural, stratigraphic, and litho- geochemical similarities along or adjacent to the eastern extensions of both the LP Fault, associated with Kinross Gold's Great Bear project, and the Cochenour-Gullrock Fault, associated with Evolution Mining's Red Lake Mine. To the southeast on the Panama Lake property, trace element lithogeochemistry has identified strong similarities between the metavolcanic rocks from the Panama Zone with the Felsic Domain of the Great Bear project. The mafic volcanic rocks also show a strong similarity to high-Fe basaltic rocks from the Great Bear project's Mafic Domain. Primitive-mantle normalized trace element plots illustrate similarities between the Great Bear project and the Panama Lake property, suggesting high potential for gold discovery. Trillium's re-logging of historical core of the Panama Zone from mid-2022 through to early 2023 shows remarkable textural similarities to core seen at the Great Bear project. The Panama Zone historical gold mineralization (e.g., 1.58 g/t Au over 7.6 m, and 13.33 g/t Au grab sample) occurs within similar rock types and stratigraphic horizon along the Panama Fault North Trend, a potential eastern extension or splay of the LP Fault. An airborne electromagnetic lineament coincident with the gold-bearing Panama Zone shows the Panama Zone and Panama Fault North Trend continuing to the northeast where recently completed enzyme leach soil surveys identified multiple overlapping anomalies for arsenic, nickel, zinc, silver, and chromium. Arsenic in soil is a strong pathfinder candidate for gold mineralization based on historical geochemistry work performed on drill holes completed by Benton Resources in 2019 and a baseline soil line completed over the Panama Zone by Trillium in 2022. In the central part of the Confederation Belt project along the Cochenour-Gullrock (Red Lake Mine) Trend, trace element analyses in mafic volcanics and associated rocks from historical drill core have identified similarities between Red Lake-associated Balmer assemblage volcanic rocks. This newly discovered spatial relationship of Balmer affinity rocks adjacent to Confederation assemblage rocks suggests that the Cochenour-Gullrock Trend and associated unconformity continues from Red Lake across the northern portion of Trillium's Confederation Belt project. Gold results of up to 0.99 g/t in recently analyzed historical core, and up to 1.56 g/t from historic assays, occur proximal to the Cochenour-Gullrock Trend and to the unconformity over several kilometres as reported in Trillium's news release of February 7, 2023. The technical information presented in this news release has been reviewed and approved by Samuel Lewis, P.Geo of Trillium Gold Mines Inc., as defined by NI 43-101. Announcement • Feb 08
Trillium Gold Mines Inc. Provides an Update on the Extensive Historical Core Sampling Activities over Its 55,000 Hectare Confederation Belt Project in Red Lake, Ontario Trillium Gold Mines Inc. provided an update on the extensive historical core sampling activities over its 55,000 hectare Confederation Belt project in Red Lake, Ontario. A significant number of anomalous results have been received from the historical core and recent field work, from areas along and adjacent to the eastern extensions of both the LP Fault and the Cochenour-Gullrock Fault associated with the Red Lake Mine, as well as internally within the Confederation greenstones localized in structurally complex areas. Gold results obtained and compiled by Trillium to date appear to cluster along several linear trends generally running parallel to the long axis of the Confederation greenstone belt. The Fly Lake prospect which lies near the intersection of the Arrow Zone Trend and is considered to be a splay off the eastern extension of Kinross Gold’s LP Fault, returned the highest grade result obtained to date of 7.89 g/t Au reported from a diamond drilling grab-sample of core from a weathered cache dating back to 1992. This sample was taken over a 10 cm quartz-Fe-carbonate vein hosted within felsic volcanic rocks. Locally, the Fly Lake high-grade sample occurs in a corridor proximal to complex cross-faulting adjacent to other significant gold findings (e.g. 0.724 g/t Au over 1.58m, 1.31 g/t Au over 1.0m, 1.51 g/t Au over 1.0m and 1.23 g/t Au in a grab sample) and base metal mineralization (e.g. 2.61% Zn over 31m, 5.92% Zn over 12.2m and 1.3% Zn over 9.0m). Additionally, the historical gold and base metal occurrences suggest a general increase locally in width and grade towards the southwest. These gold occurrences are considered significant insofar as very little of the Confederation Belt project has been drilled for its gold potential. The Arrow Zone Trend contains the only current Zn-Cu-Ag-Au resource in the area and lies outside Trillium’s Confederation Belt project area. However, there are indications of structurally or lithologically controlled gold mineralization trending northeast and southwest from the Arrow Zone. The Fly Lake area in the northeast possibly lies on this trend where it intersects a north north-easterly splay from the far eastern extension of the LP Fault (Fly Lake Trend), which is itself a gold-bearing trend, with a number of recent results up to 0.81 g/t Au from relogging historical drilling and 1.27 g/t Au from a Trillium prospecting sample. Towards the southwest end of the Arrow Zone Trend lies another anomalous gold area where it possibly intersects the LP Fault. Here a number of very old holes were grab-sampled with results ranging up to 0.49 g/t Au. Anomalous gold results of up to 0.99 g/t Au in historical core sampling and up to 1.56 g/t Au from the original drilling obtained from the Cochenour-Gullrock Trend, coincide with highly magnetic favourable rock-types in the Fredart area, that appear to be regularly boudinaged. These anomalous results coincide with a zone of demagnetization associated with a northwest trending cross structure. Further west along the trend lie several other anomalous results ranging up to 0.31 g/t Au. On the Panama Lake property, anomalous results from further sampling of core drilled in 2020 have added new gold results of up to 1.33 g/t Au along the Panama Fault South Trend. The Panama Fault North Trend contains gold mineralization up to 0.312 g/t Au and is believed to be the far eastern continuation of the LP Fault. In this area the stratigraphy is intensely folded and recent soil sampling gave multiple overlapping anomalies for As (arsenic), Ni, Zn, Ag and Cr (chromium). Arsenic in soil is a strong pathfinder candidate for gold mineralization based on historical geochemistry work performed on drill holes completed by Benton Resources in 2019. This area also shares similar stratigraphy, whole rock geochemistry and structural regime as at the Kinross Gold LP Fault deposit. In the second half of 2022, Trillium drilled one hole (CB22-001) in the Fly Lake area before suspending drilling in favour of sampling the historical core that was being found on the property. The significant returns that could be gained from assaying the historical core presented an order of magnitude less cost. Selection of the historical holes was based upon several gold related criteria, chiefly but not limited to, their proximity to high-potential structures, position on-trend of known gold mineralization and proximity to gold showings in historical or field sampling by Trillium. Trillium’s geologists found that very little of the core had been sampled previously, with the limited sampling focused mainly on massive sulphides or EM conductors. Both the assay data received and the observational data from this core is proving to be a meaningful factor for developing drill targets on the property. Trillium’s program of re-logging historical core commenced in mid-2022 and continued until just prior to year end with over 3,400 samples collected representing over 10,000 metres of equivalent drilling. Approximately 20% of these remain pending. The project encompasses one of the largest contiguous land positions ever assembled along the same geological trends as the Red Lake Operations [Evolution Mining] and the LP Fault Zone of the ‘Dixie’ discovery [Kinross Gold] in this world-class mining jurisdiction predominantly known for its VMS base metal mineralization. Announcement • Feb 02
Trillium Gold Mines Inc. Announces CFO Changes Trillium Gold Mines Inc. announced that Mr. Jeffrey O’Neill has been appointed the company’s Chief Financial Officer effective immediately. Jeffrey O’Neill is President and owner of JMO Enterprises Ltd., a private consulting firm specializing in acquiring mineral exploration projects in Canada and the USA. He is also a Director for Sanibel Ventures Corp., Northern Lion Gold Corp. and Barksdale Resources. Mr. O’Neill acted as Regional Sales Manager, Western Canada, for Primus Business Solutions. In 2004, he co-founded Momentum Conferencing Solutions, the largest Canadian reseller of voice/video/data collaboration solutions, and acted as Vice President, Sales until 2007. Mr. O’Neill assumes the position of CFO in place of Mr. Ian MacNeily who was on contract with the company until year end 2022 and has stayed on until this time for an effective transition. Announcement • Jan 18
Trillium Gold Mines Inc. Provides Results of Extensive Compilation of Historical Data and Core Sampling Activities in the Second Half of 2022 over Its Approximate 55,000 Hectare Confederation Belt Project in Red Lake, Ontario Trillium Gold Mines Inc. provided results of extensive compilation of historical data and core sampling activities in the second half of 2022 over its approximate 55,000 hectare Confederation Belt project in Red Lake, Ontario. The project encompasses one of the largest contiguous land positions ever assembled along the same geological trends as the Red Lake Operations [Evolution Mining] and the LP Fault Zone of the `Dixie' discovery [Kinross Gold] in this world-class mining jurisdiction predominantly known for its VMS base metal mineralization. Trillium's program of re-logging historical core commenced in mid-2022 and continued until just prior to year end with over 10,000 metres of equivalent drilling completed. Selection of the holes was based upon several gold related criteria, chiefly but not limited to, their proximity to high-potential structures, position on-trend of known gold mineralization and proximity to gold showings in historical or field sampling by Trillium. Trillium's geologists found that very little of the core had been sampled previously, with the limited sampling focused mainly on massive sulphides or EM conductors. Over 3,400 samples have been collected from the historical core - both from logged holes and grab sampled from old core caches that, despite being weathered and degraded, were identifiable as to drill hole numbering. Approximately 20% of these remain pending. All the information gleaned from this comprehensive exercise, whether assay, lithology revisions, gold-associated alteration or unlogged veining, has been valuable in identifying priority target areas for either immediate drilling or focused enhancement through follow-up field work. In addition, the Company received seven (7) Early Exploration Permits that it had applied for beginning in April which will allow flexibility in drilling locations and timing throughout the Confederation Belt land package. Shows the significant gold enhancement throughout Trillium's land package that has been unlocked through the 2021 and 2022 exploration work. This was derived through research and digitization of gold information from historical drill logs and assessment reports, as well as data collected by Trillium geologists during field programs. Working through more than 250 potential gold targets, the Trillium team is finalizing an initial drill program to test the best of these in an up-coming drilling program. During their work in 2022, Trillium's geologists recognized the significant potential for critical minerals throughout the property. Both on and immediately adjacent to the property, occurrences of molybdenum, nickel and potentially cobalt have been identified. Lithium may also potentially be found both along the far eastern margins of the property and on the Karas Lake trend where the Confederation greenstones intrude southwesterly into the English River sub-province. The only NI43-101 level resource in the area (Pegasus Resources' Arrow Zone see Tribute Minerals Technical Report on Garnet Lake Property, 2007) also indicates significant indium and gallium in the drill results. Given that these metals are associated with copper and zinc mineralization, the large number of known Cu/Zn showings and occurrences throughout the Confederation property will need to be properly assessed for critical minerals. All these remain untested and will be a priority focus of the upcoming field season. To knowledge, little to no analysis was performed for these critical mineral-associated elements in the historical work. The technical information presented in this news release has been reviewed and approved by William Paterson QP, PGeo, VP of Exploration of Trillium Gold Mines, as defined by NI 43-101. Announcement • Nov 29
Trillium Gold Mines Inc. Provides an Update on the Exploration and Drilling Activities At Its Gold Centre Project in Red Lake, Ontario Trillium Gold Mines Inc. provided an update on the Company’s 2022 exploration and drilling activities at its Gold Centre project in Red Lake, Ontario. The Gold Centre property encompasses 253 hectares and is located immediately adjacent to Evolution Mining’s Red Lake Operation (RLO) which to date has produced more than 25 million ounces of gold at an average grade of 15 grams per tonne. The property offers significant exposure to extensions of Red Lake Mine gold mineralization in the heart of this world-class gold mining jurisdiction. Since January 2022, a total of 4,950 metres in five holes were drilled, including GC22-10 which contained eight wedges. Trillium’s 2021 drill program focused on the north end of the property, with eight drill holes targeting Red Lake Mine stratigraphy above 900 metres vertical depth. The winter-spring 2022 program completed the initial phase of drilling and progressed to testing deeper in the stratigraphy, targeting the modeled up-plunge projection of the deep mineralization at the RLO, at around 1,400 metres vertical depth. All the key components that are ubiquitous to the gold mineralization immediately to the west have been observed and the alteration is seen generally increasing westward over the property. The Balmer assemblage rocks are typical of those observed at the Red Lake Mine, both in lithology and veining and are generally moderately to strongly foliated, veined moderate-heavily by quartz-calcite (±carbonate). Biotite alteration, intimately associated with gold mineralization at the Red Lake Mine, is more abundant towards the west side of the Gold Centre Property and is brown to reddish-brown in colour. Gold Centre drilling was supervised by Richard Kowalski and Samuel Lewis, PGeo. The drilling was conducted by Rodren Drilling Ltd. of West St. Paul, Manitoba. Drill core was logged and sampled in a secure core facility. Core samples were cut in half, using a diamond cutting saw, and half cores were sent for analysis to Activation Laboratories Ltd. in Dryden, ON, an accredited mineral analysis laboratory. All samples were analyzed for gold using standard Fire Assay-AA techniques. Samples returning over 10.0 g/t gold were analyzed utilizing standard Fire Assay-Gravimetric methods. Any samples with results greater than one ounce per ton gold were also analyzed with a standard 1 kg metallic screen fire assay. Certified gold reference standards, blanks and duplicates are routinely inserted into the sample stream, as part of Trillium Gold’s quality control/quality assurance program (QAQC) to monitor accuracy and precision. No QAQC issues were noted with the results reported herein. All drill interval lengths and widths referenced herein are measured downhole. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). Director David Velisek is the most experienced director on the board, commencing their role in 2015. Independent Director Robert, Rob Kang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 11
Trillium Gold's Newman Todd Complex Advancing Open-Pit Scenario with Emerging Discovery Potential At Depth Trillium Gold Mines Inc. reported on the results of the 2022 summer exploration and drilling activities at its Newman Todd Complex (NT Complex) in Red Lake, Ontario. The Complex comprising the Newman Todd and adjoining Rivard property located some 26 km from Evolution Mining's Red Lake Operations, offers significant exposure to gold mineralization in a world-class mining jurisdiction. A total of 7,665 metres in 17 holes were drilled at the NT Complex in the first half of 2022 and remaining assay results have now been received. The Company ceased drilling at the end of June to allow for all pending results to be received and compiled. With prior exploration at the NT Complex having almost exclusively focused on the NT Zone itself, new structural and lithological interpretation by Trillium's geological team of Red Lake experts redirected drilling to areas outside of the NT Zone, particularly below 400 metres from surface where previous drilling was virtually non-existent. Trillium's initial step-out holes along the east-west extensions of the Main Zone Fault all successfully encountered significant gold intersections that further follow-up will test the potential for gold mineralization at other targets on the greater Newman Todd property. Drilling to date has confirmed the geological team's premise that additional high-grade zones can be found to the southeast and are still controlled by the east-west structural corridors. This interpretation is no more apparent than in the two most recent holes (NT22-211 and -212) drilled into the hanging wall rock sequence about 100 to 250 metres below all previous drill holes. The hanging wall gold occurrence, within the broader significant interval of 8.75 g/t Au over 20.4 metres (including 549.0 g/t Au over 0.3 metres), and 40.56g/t Au over 4.18 metres (including 136.0 g/t Au over 1.08 metres), indicates that goldmineralization associated with the NT Zone and east-west shears (eg. Main Zone Fault),continues southeast of the NT zone, thus expanding the possible drill target areas and potential mining pit shell within the project area. The more meaningful high-grade intersections have all occurred at these cross-cutting occurrences; previously reported holes: NT20-169 [7.05m at 15.41 g/t Au including 4.3m at23.88 g/t Au and 1.12m at 69.85 g/t Au], and NT21-194 [9m at 19.73g/t Au including 1.55m at102.16 g/t Au] on the Camp Fault].Historically, drilling in this region was generally discontinued prior to intersecting this hanging wall mineralization when drilled from the foot wall. Very little drilling in the opposite direction was carried out overall, leaving the potential of this mineralization unrecognized until now. Several other structures displaying significant widths of mineralization are being identified by stepping out to the north and south of the Main Zone Fault. After several months, team is more confident than ever that they will be able to apply this established theory successfully at depth and on strike, both of which remain completely open. Advancing the Open-Pit Scenario Drill holes NT21-204, NT22-205, NT22-208/A and NT22-210 successfully targeted observed and interpreted east-west fault trends associated with previous high-grade intersections. These holes were intended to expand the higher-grade zones downwards and into the sparsely drilled foot wall portion of the NT Zone at depth. Holes NT21-204 and -205 were successful in intersecting mineralized NT Zone material and an east-west breccia fault. Significant assays included 3.36 g/t Au over 10.94 metres from 187.36 metres and 1.59 g/t Au over 17.92metres from 399.13 metres in NT21-204.Drill holes NT22-208/A and NT22-210, again targeted the NT Zone foot wall margin as well as the hanging wall mineralization seen in previous drilling. NT22-210 was drilled to also intersect the hanging wall side of the projected high-grade trend. The results from these holes of 1.76 g/t Au over 5.95 metres from 291.05 metres in NT22-208A and 1.94 g/t Au over 23.8 metres from 52metres in NT22-210 and a number of lower grade but wide zones show that other significant east-west structures are present in this area for future follow-up. Hole NT22-209 was located to test the NT hanging wall mineralized chert-magnetite zone, and then push westward into the foot wall to follow-up previous results from Rivard drilling, in the sparsely drilled southwest NT Zone. Only narrow low-grade results were obtained. Drill holes NT22-206 and NT22-207 were drilled in the north-east area of the NT property, targeting the east extension of the Main Zone Fault in the area where it is interpreted to intersect the eastern ultramafic unit mapped on the property. Announcement • Oct 22
Trillium Gold Mines Inc., Annual General Meeting, Dec 20, 2022 Trillium Gold Mines Inc., Annual General Meeting, Dec 20, 2022. Agenda: Annual General and Special Meeting. Announcement • Sep 27
Trillium Gold Mines Inc. Provides an Update on the Latest Results from the First Half 2022 Exploration and Drilling Activities At the Newman Todd Complex in Red Lake, Ontario Trillium Gold Mines Inc. provided an update on the latest results from the Company's first half 2022 exploration and drilling activities at the Newman Todd Complex in Red Lake, Ontario. The two drill holes were designed to test the southward-trending and deeper extensions of the Main Zone Fault-associated mineralization about 100 metres to 250 metres below all previous drill holes, situated in a gap in the drilled portion of the NT Zone. Both holes considerably expand the depth of mineralization down to almost 600 metresin this area. Gold mineralization was also intersected in the hanging wall rock units past the NT Zone contact and Main Zone Fault, with visible gold(1) (VG) logged in a 2mm quartz vein at 614.2m of NT22-212 (549 g/t Au over 0.3m), within a banded chert and iron formation section of the hanging wall sequence. This hanging wall gold occurrence, within the broader significant interval of 8.75 g/t Au over 20.4 metres, as well as other historical hanging wall intercepts indicate that gold mineralization associated with the NT Zone and associated east-west shears (eg. Main Zone Fault), continues into the hanging wall rock units southeast of the NT zone, thus expanding the possible drill target areas and potential mining pit shell within the project area. The historical drilling in this region generally stopped prior to intersecting this mineralization when drilled from the foot wall. Announcement • Sep 23
Trillium Gold Mines Inc. announced that it has received CAD 4.08151 million in funding On September 22, 2022, Trillium Gold Mines Inc. closed the transaction. The round was oversubscribed. The company issued 9,678,150 units of the Company at a price of CAD 0.20 per Unit and 9,537,244 flow-through units of the Company at a price of CAD 0.225 per FT Unit and received a total of CAD 4,081,510 in the transaction. The management and long-standing shareholders of the Company subscribed for over $1,300,000 (CAD 1,750,000) of the financing including Russell Starr, President and Chief Executive Officer who subscribed for $500,000 (CAD 670,000), and Luke Norman, Executive Chairman who subscribed for $225,000 (CAD 300,000). Announcement • Aug 24
Trillium Gold Mines Inc. announced that it expects to receive CAD 3.5 million in funding Trillium Gold Mines Inc. announced that it has entered into an agreement with Red Cloud Securities Inc. in connection with a best efforts private placement for the sale of up to for gross proceeds of up to CAD 3,500,000 at a price of CAD 0.20 per unit and flow-through units of the company at a price of CAD 0.225 per Flow through unit on August 23, 2022. Each unit will consist of one common share of the company and one half of one common share purchase warrant. Each Flow through unit will consist of one common share of the company and one half of one warrant. Each warrant shall entitle the holder to purchase one common share of the company at a price of CAD 0.30 at any time on or before that date which is 24 months after the closing date of the offering. The agent will have an option, exercisable in full or in part, up to 48 hours prior to the closing of the offering, to sell up to an additional CAD 750,000 in any combination of offered Securities at the offering prices. Each broker warrant will be exercisable to purchase one common share of the company at a price of CAD 0.20 for a period of 24 months from the closing date of offering. The offering is
scheduled to close on or around September 22, 2022 and is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange. The Unit Shares, flow through shares and warrant shares will have a hold period ending on the day that is four months and one day following the closing date. Announcement • Aug 23
Trillium Gold Mines Inc. Appoints Mr. Luke Norman as Executive Chair of the Company’s Board of Directors Effective August 22, 2022 Trillium Gold Mines Inc. announced that Mr. Luke Norman has been appointed Executive Chair of the Company’s Board of Directors effective August 22, 2022. Mr. Norman, a prominent mining finance executive with decades of value accretive and venture capital experience in the precious metals sector, began his career with Canaccord Capital in the late 1990’s, moving on to the private investment industry through his own consultancy for the upcoming twenty-five years. He is credited with the discovery and advancement to production of notable projects in North America; as co-founder of Gold Standard Ventures Corp., a TSX and NYSE listed gold explorer-developer, and more recently as Co-founder and Chair of U.S. Gold Corp., Chair of Silver One Resources, and CEO of Leviathan Gold Ltd. Mr. Norman has been a significant investor in Trillium Gold since early 2020. Mr. Starr has stepped down from his position as Interim Chair and remains President and CEO of the Company. Announcement • Aug 12
Trillium Gold Provides Update on Newman Todd and Gold Centre Projects Trillium Gold Mines Inc. provided an update on the Company’s first half 2022 exploration and drilling activities at its two projects in Red Lake, Ontario. These projects offer significant exposure to gold mineralization in a world-class mining jurisdiction. The on-going time delay between drilling and receipt of assays continues to be a significant hurdle for Trillium Gold and many others in the advancement of informed targeted drilling. As a result, the Company believes it prudent to suspend drilling at its Newman Todd and Gold Centre projects to allow for all pending results to be received and compiled. Once the entirety of assay results has been received and reviewed, subsequent drilling may resume on targets using up-to-date information. In the meantime, the focus of active exploration activities is being directed at the Company’s Confederation belt projects where re-logging of historic drill core presents compelling prospects as Early Exploration permits are awaiting receipt. Newman Todd Complex – advancing open-pit scenario: Since January 2022, a total of 17 drillholes, for 7,665 metres, have been drilled at the Newman Todd Complex. Currently over 2,100 assay results remain pending. Drilling at the 100%-owned Newman Todd-Rivard properties located some 26 km from Evolution Mining’s Red Lake Operations, continues to validate the team’s interpretation that gold deposition at the NT Zone is correlated with east-west structural corridors, and that several other structures displaying significant widths of mineralization can be found by stepping out of the Main Zone. The project has yet to be meaningfully drilled beyond 400 metres from surface and continues to demonstrate merit as a viable open-pit scenario with further informed drilling. Surface channel sampling and mapping on the Rivard Property area continued into early summer 2022, although all 146 sample results remain pending. Alteration and wide-spread gold mineralization occurs extensively within structurally and chemically favourable rocks on the property. Historically, the Rivard Property is known to contain both visible gold in narrow high-grade veins, as well as in broader zones of lower grade gold mineralization ranging from <1 g/t Au to over 560 g/t Au. Previous channel sampling results have shown that the significant gold values are not confined to small areas within the veins but occur over significant strike lengths, and at considerable grades, along the veins following structural plunges. Understanding the controls and geometry of the high-grade mineralization seen on surface and intersected in drilling on Rivard is important to the expansion of the overall system. Trillium’s geological team has shown that this vein system is influenced by the east-west structures evident in the NT Zone which will increase the success in delineating high-grade shoots that can favourably impact Newman Todd’s economic prospects. Announcement • Aug 11
Trillium Gold Mines Inc. Identifies Historic Drill Core from 21 Holes At Confederation Belt for Gold Sampling and Analysis Trillium Gold Mines Inc. provided an update on current activities at the Company’s greater Confederation belt projects in Red Lake, Ontario. These projects offer significant leverage to the same geological trends - LP Fault Zone of the ‘Dixie’ discovery [Kinross Gold] and Red Lake Operations [Evolution Mining] - that have contributed to Red Lake’s reputation as a world-class mining jurisdiction. Trillium’s team has been working to identify, locate and retrieve historical core that remains on or in the vicinity of the property in the Red Lake mining district. A large portion of the drilling performed in the past was either selectively sampled or analyzed exclusively for base metals. This core is now being catalogued and prioritized for retrieval to be relogged and sampled for gold. Other drill core caches are known from assessment files; a total of 16 historical caches have been identified, though not all accessible, with more being identified weekly. Trillium personnel will continue to locate and retrieve core from those as well. This presents an excellent, cost-effective opportunity for Trillium to generate significant results without new drilling, particularly in those holes that coincide with Trillium’s identified targets. This was precisely the case at Kinross’ Great Bear Project with a 2007 historical drill hole where core was located and sampled, leading to the early realization that the LP Fault Zone was much larger than previously anticipated. In addition to logging and assaying of historical drill holes, Trillium’s geological team has been conducting further soil and litho-geochemical sampling. Prospecting and mapping programs across the Confederation Project area have been designed to target new gold occurrences and follow-up on results from the 2021 field work to identify and prioritize known and developing target areas. Internally within the Confederation Project, detailed property mapping by past explorers has shown complex structural and lithological geometries all conducive to deposition of gold. The Confederation Project is bound by two major structures - the LP Fault structure, representing a major break between felsic and mafic volcanic rocks on the southern margin, and the Red Lake Mine-associated Cochenour – Gullrock structure forming the northern margin. The eastward continuation of the LP Fault, representing a deep crustal fault, extends onto Trillium’s ground and covers more than 40 km within Trillium’s Confederation and Panama Lake Projects. Another deep crustal fault occurs within Trillium’s North Confederation Project, which is a mirror-image to the LP Fault at Kinross’ Great Bear Project. To encompass the extensive project area and provide flexibility, the drill permitting process has been arranged in six applications, all now in-progress with the Ministry of Northern Development, Mines, Natural Resources and Forestry (MNDMNRF). Once these Early Exploration drilling permits are in hand, the Company will have the capacity to undertake a drilling program throughout the Project area on targets that will have been systematically researched, prioritized and deemed drill ready. One key area of focus will be the recently acquired Wenasaga Property, spatially associated with a dilation zone identified on the LP Fault eastward extension. This deep-rooted structure could have provided a conduit for gold-bearing fluids where the dilation zone created the conditions for this gold to be deposited, whether rheologically or chemically, through widespread alteration. Preliminary work has already begun on this portion of the property. Another recently acquired area of focus is the Panama Lake Property, which contains two highly prospective gold-mineralized trends that remain largely untested, while further compilation work has identified other structural and lithological dislocations. Major structures that transect the property appear to be splays from, or are the eastern extension of, the LP Fault structure. There are multiple gold and VMS-style mineralization occurrences identified on the property and a field program has been designed to expand on and evaluate the lateral continuity of these mineralized trends. The historical core from the Panama Lake Property has been found and the 2020 drilling by Maxtech Ventures (1,667 meters in 4 holes) has been reviewed in the field. 174 samples have been selected and sent for gold assay from core that had not been sampled previously. The 2019 drill core from Benton Resources (1,430 meters in 9 holes) has been located and will be reviewed for selective sampling as well. The Confederation belt projects present Trillium with an unprecedented opportunity to explore for further LP Fault analogues, other Red Lake-style gold mineralization and critical minerals along a structure that is many times larger, and equally as prospective as the Great Bear Project. Announcement • Jun 09
Trillium Gold Mines Inc. Commences 2022 Regional Exploration Program on 72 Km Long Confederation Belt Property in Red Lake, Ontario Trillium Gold Mines Inc. announced that it has commenced a comprehensive exploration program on the newly consolidated confederation belt project. Several separately held properties have now been consolidated into one 54,362-hectare, contiguous land package spanning 72 kilometres east to west. The confederation project is now positioned as the most significant exploration project in the Red Lake District with potential to contain further Dixie LP Fault analogues, other Red Lake-style gold mineralization and critical minerals. Work has already begun on the project and other crews are currently mobilizing. Early Exploration permit applications for drilling and trenching have been initiated and are expected to be received in early summer 2022. Trillium has an initial 6,000 metres of drilling planned throughout the Project area on targets that have been systematically researched, prioritized and deemed drill ready. Further drilling may be considered as results from the exploration work are received. Some important attributes of the property include: over 110 linear kilometres along the eastern extensions of both the major crustal Red Lake and Dixie LP Fault structures. Several high-potential mafic-to-felsic structural contacts on-strike to the east of the Kinross Dixie Project associated with the eastern continuation of the LP fault zone. The Panama Lake portion of the property shows gold potential in three identified zones while further compilation work has identified other structural and lithological dislocations that warrant priority follow-up work. Other high-potential areas to be tested along the northern margin of the Project area, associated with the major structure hosting Evolution Mining’s Red Lake Operations. Demonstrated gold and historic base-metal deposits; importantly, strategic metal occurrences will be additional target elements for exploration in 2022. Comprehensive data collection, compilation and interpretation have generated many gold and base-metal targets for follow-up in the 2022 exploration program. Recent Insider Transactions • Jun 05
President recently bought CA$63k worth of stock On the 3rd of June, James Starr bought around 200k shares on-market at roughly CA$0.31 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of CA$94k worth in shares. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Director David Velisek is the most experienced director on the board, commencing their role in 2015. Independent Director Robert, Rob Kang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Apr 21
Trillium Gold Mines Inc. Intersects New East-West Structures at Newman Todd Trillium Gold Mines Inc. reported results from drill holes NT21-195 to -203 and RV21-36A at the Company’s 100% owned Newman Todd (NT) Complex. Despite having been drilled in the last quarter of 2021, final results from these holes have only been received in late March 2022 due to the general backlog in assay laboratory turnaround. The group of drillholes was designed to follow up on previous results and to initiate testing of newly interpreted east-west (E-W) structural corridors cutting through the NT Zone. Hole NT21-195 targeted high-grade Rivard-style quartz vein mineralization along the footwall contact of the NT Zone where two of the more significant results were found in siliceous NT Zone breccia segments offset into the footwall along E-W faults. Holes NT21-196 and -197 followed up on previous significant intersections associated with hole NT21-194 (9m at 19.73 g/t Au) and the Camp Zone Fault. Hole NT21-196 was drilled above hole NT21-194 and intersected mineralized portions of the NT Zone with veining containing visible gold (VG) associated with galena and sphalerite, located in the footwall contact area. Hole NT21-197 stepped back to collar in the Camp Fault area testing the down-dip continuity of mineralization and the E-W Main Zone Fault structure. Both holes returned numerous significant assay results; NT21-196 throughout the hole, with VG seen in quartz veins between 257.8m and 259.4m, and in the lower portion of NT21-197, in the Main Zone Fault area. In the south region of the Main Zone portion of the NT Zone, a series of holes (NT21-198 to -203) were drilled to the north and south across known and newly interpreted E-W breccia fault corridors crossing the NT Zone, often seen associated with better grade mineralization and Rivard-style quartz vein clusters along the fault trends. The Rivard-style vein intersected in NT21-202 at 262.25 - 264.2m contained multiple specks of VG and assayed 4m at 24.2 g/t Au. All the holes returned grades and widths as expected, supporting the interpretation that these E-W structural corridors are influencing and focusing gold in the NT Zone. In the southwest portion of the NT Zone, hole RV21-36A was drilled to assist in refining the model for the south portion of the NT Zone, as well as the SW Zone, and greatly extends the depth and extents of known mineralization. The hole first intersected the SW Zone showing patchy mineralization followed by a second breccia zone, towards the southeast, correlating to the NT Zone proper. In addition, the VG located in a sheared felsic volcanic section (at 695.5m) and in a quartz lens (at 705.5m), in the lower portion of the hole, expands the limits of VG occurrences cored in the project area. The E-W fault corridor associated with this gold mineralized zone is a new addition into its model for future targeting. Two very significant intercepts were received from this hole of 0.45m at 17.5 g/t Au from 695.35m and 12m at 3.08 g/t Au from 704m (including 1m at 22.6 g/t Au). This hole was only stopped due to diminishing drill productivity. Announcement • Mar 04
Trillium Gold Mines Inc. announced that it has received CAD 7.500001 million in funding On March 2, 2021, Trillium Gold Mines Inc. closed the transaction. The company issued 3,753,586 units for gross proceeds of CAD 1,989,401, 4,036,220 flow-through units for gross proceeds of CAD 2,421,732 and 4,118,490 charity flow-through units for gross proceeds of CAD 3,088,868. Announcement • Sep 24
Trillium Gold Mines Inc. Intersects 9 metres at 19.73 g/t gold including 1.55 metres at 102.16 g/t gold in Hole NT21-194 Trillium Gold Mines Inc. reported the final results from drill hole NT21-194 at the Company's 100% owned Newman Todd (NT) Complex. This is the final hole from the series NT21-190 to NT21-194 reported on September 8, 2021 in follow-up to and expanding on the mineralization intersected in NT20-169 (7.05m at 15.41 g/t Au). Drilling is on-going at the NT Complex. As was evident in NT20-169, the high-grade mineralization (9m at 19.73 g/t Au from 135m) occurs near the footwall contact of the NT Zone and underlying felsic volcanic rocks. This intercept encompasses fuchsite-altered felsic tuffs and well mineralized silica-sulphide breccias with the strongest gold mineralization associated with traces of galena and sphalerite. As seen throughout the NT Zone, Rivard-style quartz veins are also present in the mineralized zone. The azimuth of the drilling and the location of this intercept being slightly north and above that in NT20-169, indicates that this high-grade mineralization encompasses significant width and size in the footwall area. Modelling of the mineralization shows that this is another significant East-West structurally controlled body, now named the Camp Fault, as suggested in the aforenoted news release, of high-grade gold mineralization hosted within the NT Zone. Other significant grade and width intercepts reveal the possibility of additional unidentified East-West structures, including 4m at 11.22 g/t Au from 36 metres down-hole, revealing a new zone near the collar confirming its structural model for the deposit. Again, this intercept occurs in a silica-sulphide breccia with a pair of 4-5cm Rivard-style quartz veins. The other drill holes (NT21-190 to NT21-193) focused on following up on the major intercept in NT20-169 (7.05m at 15.41 g/t Au) and contained wide intercepts of significant grade, among them 3.3m at 8.06 g/t Au and 21.3m at 3.55 g/t Au, including 4.3m at 13.8 g/t Au, and narrower intercepts of 0.4m at 61.9 g/t Au and 1.0m at 35.15 g/t Au. These holes all confirm and expand on the high-grade intercept in NT20-169. Announcement • Sep 09
Trillium Gold Mines Inc. Identifies Major Mineralizing System at the Newman Todd Complex Trillium Gold Mines Inc. reported that the majority of assays from drilling completed up to mid-July have been received with assay reporting taking well over two months. Samples representing 6,708 metres in 15 drillholes have been processed and summarized below. Results remain pending for only three Newman Todd and Rivard drill holes and all assays at Gold Centre remain pending. The total 2021 drilling program now stands at 12,385 metres in 26 drillholes on the combined Newman Todd and Rivard Projects. It is now clear that gold mineralization in the Newman Todd Complex is more widespread than historically interpreted, and the mineralizing system is considerably larger and more integrated than previously contemplated. Historically, the Rivard and Newman Todd properties were explored in isolation and were not systematically drilled for an integrated structural understanding. The Rivard property (which Trillium Gold acquired late in 2020) has allowed Trillium to substantially advance the understanding of the structure, geology and mineralization of the larger Newman Todd complex with significant up-side potential now being seen both in terms of ounces and higher grades. Detailed targeted drilling (NT21-185 to -189) was completed in the Hinge Zone area of the NT Zone and was designed to improve the understanding of the structural controls of the high-grade intercepts seen throughout the drilling programs. This work, combined with concurrent detailed studies elsewhere on the NT Zone has yielded a much clearer picture of the continuity of the higher-grade intercepts and potentially a significant increase in the higher-grade portion of the resource. This detailed work has also shown that the NT Zone is not a single brecciated body, but is in fact a succession of brecciated units, with some sections dislocated by a series of east-west structures. Between the breccia units, felsic volcanic rocks have been observed in core indicating potentially considerable strain related deformation in the NT Zone, and by inference, across the property. It is also noted that while the Hinge Zone Fault is a major and readily identifiable structure, others are more subtle and require careful core observation to identify. Other drilling in the NT Zone focused on following up on the major intercept in NT20-169 (7.05m @ 15.41 g/t Au). This drilling targeted the high-grade result from multiple orientations in order to expand the zone. These holes (NT21-190 to 193) all contained wide intercepts of significant grade including 3.3m @ 8.06 g/t Au and 21.3m @ 3.55 g/t Au including 4.3m @ 13.8 g/t Au and narrower intercepts of 0.4m @ 61.9 g/t Au and 1.0m @ 35.15 g/t Au. These holes both confirmed and expanded on the high-grade intercept in NT20-169. Further drilling at the southwest extension of the NT Zone has only just begun with a significant result in a quartz vein containing visible gold of 0.3m @ 67.0 g/t Au obtained from RV21-35. Analysis of the recent high-definition helicopter-borne magnetic survey over the property suggests that there is a roughly north-south dislocation of the NT Zone with the west side moved northward thereby creating the second NT Zone feature intersected in the drilling. Drilling on the Rivard property (RV21-31 to 34) focused on proving the lateral and depth continuity of gold mineralization within the southeast-trending high-grade veins, historically trenched on surface, and confirmed and expanded on historical drilling results. While the numerous high-grade veins cannot be individually modelled, it has been determined that there are discrete corridors where the vein densities are greater, which generally correspond to the major excavations on surface. Recent results from these holes include narrow intercepts ranging up to 116.0 g/t Au with RV21-34 containing a wider zone of 2.2m @ 25.23 g/t Au. There were many logged occurrences of visible gold in these holes. Gold mineralization has been obtained in these corridors along roughly 300m of strike length and down to approximately 300m below surface. Further analysis of all results on the Rivard property also shows that the NNE-trending unconformity, with the ultramafic and porphyry rocks to the west, also plays a role in focusing gold mineralization with a large number of significant results in close proximity to this unconformity. With the new understanding that the Newman Todd area is much more gold-endowed and the mineralizing system much larger and more integrated than previous operators had envisioned, further exploration will be focused on several high priority targets based on results, observations, and modeling to date, namely: Drilling in the NT Zone to locate and expand high-grade mineralization controlled by the east-west structures and confirming the Rivard-style gold veins thereby expanding and enhancing the current resource. Drilling in the southwest extension area to test mineralization related to the east-west structures, the north-trending dislocation structure and the vein corridors trending from the northwest on the Rivard property. Drilling to test along the NNE-trending unconformity on Rivard targeting the vein corridor and east-west structural intersections, including the western extension of the Hinge Zone Fault where it has created a jog in the unconformity. Grassroots exploration and drilling east of the NT Zone to test the ultramafic contact where the east extension of the Hinge Zone Fault and other east-west structures intersect it. Trillium has resumed exploration at Gold Centre and is currently drilling the third of eight planned holes (~8,000 metres). All assay results remain pending from drilling completed to date. Announcement • Sep 01
Trillium Gold Mines Inc. (TSXV:TGM) signed an agreement to acquire Willis Property in Red Lake Mining District for CAD 0.72 million. Trillium Gold Mines Inc. (TSXV:TGM) signed an agreement to acquire Willis Property in Red Lake Mining District for CAD 0.72 million on August 30, 2021. Under the terms, Trillium Gold will acquire 100% interest in the Property, subject to a 2% net smelter returns (NSR) royalty, by completing payments totalling CAD 0.42 million and an aggregate of 400,000 common shares. The common shares will be subject to a four month hold period pursuant to applicable securities laws. Trillium Gold has the right to repurchase one-half of the Royalty (1%) for consideration of CAD1.2 million, payable in cash or shares. In addition, Trillium Gold has a right of first refusal should the holders of the Royalty choose to sell the Royalty in the future. 
