{"url_path":"/sec/rngc/10-k/2026/item-13","section_key":"item-13","section_title":"Item 13 Certain Relationships and Related Transactions, and Director Independence**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/1434740/0001477932-26-004299-index.html","accession_number":"0001477932-26-004299","cik":"0001434740","ticker":"RNGC","issuer_name":"Ranger Gold Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1434740/0001477932-26-004299-index.html","primary_entity_key":"0001434740","primary_entity_name":"Ranger Gold Corp."},"word_count":442,"has_tables":true,"body_markdown":"**Item 13. Certain Relationships and Related Transactions, and Director Independence**\n\n \n\n**Related Party Transactions**\n\n \n\nSince January 2019, the Company has utilized office space provided free of charge by Bryan Glass, our sole officer, director and principal stockholder. The Company does not have a written lease or other agreement relating to the use of this office space.\n\n \n\nOn January 1, 2024, the Company executed a Drawdown Promissory Note in favor of Bryan Glass Securities, Inc. (“BGS”), a related party affiliated with Bryan Glass, our sole officer, director and principal stockholder. Under the Drawdown Promissory Note, the Company may request advances of up to an aggregate principal amount of $50,000. The Drawdown Promissory Note bears interest at the rate of 2% per annum and matures on December 31, 2028.\n\n \n\nIn order to request an advance under the Drawdown Promissory Note, the Company is required to submit a drawdown request to BGS not less than three days before the date on which the Company requires the proceeds, specifying the amount of the requested advance and the purposes for which the proceeds will be used. BGS has the right to approve or decline all or any portion of any requested advance. Accordingly, BGS is not obligated to advance funds to the Company unless it approves the applicable drawdown request.\n\n \n\nDuring the fiscal year ended March 31, 2025, the Company borrowed $17,447 under the Drawdown Promissory Note. During the fiscal year ended March 31, 2026, the Company borrowed an additional $24,142 under the Drawdown Promissory Note. As of March 31, 2026, the Company had borrowed an aggregate principal amount of $41,589 under the Drawdown Promissory Note, and $8,411 remained available for future advances, subject to BGS’s approval of any drawdown request. Interest expense under the Drawdown Promissory Note was $627 for the fiscal year ended March 31, 2026 and $116 for the fiscal year ended March 31, 2025. As of March 31, 2026, accrued interest under the Drawdown Promissory Note was $743.\n\n \n\nThe Company does not have a formal written policy for the review, approval or ratification of related party transactions. Related party transactions are reviewed and approved by the Board of Directors. Because the Company has only one director, Mr. Glass approves related party transactions on behalf of the Company, including transactions involving himself or his affiliates.\n\n \n\n \n\n24\n\n*Table of Contents*\n\n \n\n**Director Independence**\n\n \n\nThe Company has not established its own definition for determining whether its directors and nominees for directors are “independent” nor has it adopted any other standard of independence employed by any national securities exchange or inter-dealer quotation system. The Company’s sole director would not qualify as “independent” under any recognized definition of that term."}