Australia's Renegade Exploration rises on Canada's measures to back critical minerals

Renegade Exploration

10/11/2025 04:58

Corrects Reuters Instrument Code in first bullet

** Shares of Renegade Exploration Limited RNX.AX rise as much as 50% to A$0.005, their highest level since November 3

** Stock set for its strongest trading session since September 26, if current trend holds

** The mineral explorer says inclusion of germanium within the Canadian government's critical minerals framework is positive for future exploration at its Yukon Project, which previously reported the presence of germanium

** Adds that Canada's federal government plans, including the formation of a C$2 billion ($1.43 billion) sovereign fund for critical minerals, will strengthen co's strategic supply chains and support exploration

** YTD, shares down 10%, including the current moves

($1 = 1.4024 Canadian dollars)

 (Reporting by Aamir Shaik Khalid in Bengaluru)

 ((mailto: Aamir.SheikKhalid@thomsonreuters.com))