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WRITTEN BY Maddison Elliott

Renegade loan facility meets increase

Renegade Exploration (ASX:RNX) has increased its existing loan facility to borrow a total of $1 million.

The loan facility update includes a further six month extension, bringing the loan term through until 11 October 2026.

The terms will remain unchanged, with the loan holding an interest rate of 12% per annum and a $25,000 fee as a consideration for the extension.

The loan facility is currently drawn to $460,000.

Renegade Exploration is an Australian based exploration and development company with assets in both Australia and North America.

Write to Maddison Elliott at Mining.com.au

Images: Renegade Exploration
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Written By Maddison Elliott
Maddison holds a Bachelor of Communication and Journalism, a Bachelor of Business, and a Master of Writing, Editing and Publishing. She enjoys transforming complex information into clear, engaging stories that inform, educate, and connect with readers. Outside of the newsroom, Maddison spends her time reading, exploring new places, catching a game, or spending time with friends and family.

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