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Renegade Sells 22% Carpentaria JV Stake to True North for $2.88m, Retains Upside via Shares and Rights
8:50am on Monday 20th of April, 2026 AEST
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Renegade Sells 22% Carpentaria JV Stake to True North for $2.88m, Retains Upside via Shares and Rights
8:50am on Monday 20th of April, 2026 AEST
Key Points
Divestment of 22% Carpentaria JV interest for $2.88 million
Consideration includes cash, True North shares, performance rights, and Prairie Creek asset
Retains upside exposure to Mongoose resource and broader JV through equity and rights
Transaction reduces Renegade’s future funding obligations and dilution risk
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