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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 Mining
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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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