Exhibit 5.1
[Brasher & Company letterhead]
October 18, 2000
Renegade Venture (Nev.) Corporation
90 Madison Street, Suite 707
Denver, Colorado 80206
Re: Renegade Venture (Nev.) Corporation
1997 Employee Stock Compensation Plan
Ladies and Gentlemen:
We have acted as counsel to Renegade Venture (Nev.) Corporation
("Renegade") in connection with the registration with the Securities and
Exchange Commission on Form S-8 of 1,000,000 shares of Renegade's common stock,
par value $.001 (the "Shares"), which may be issued in connection with the
above-referenced plan (the "Plan"). In connection with that registration, we
have reviewed the proceedings of the Board of Directors of Renegade relating to
the registration and proposed issuance of the common stock, the Articles of
Incorporation of Renegade and all amendments thereto, the Bylaws of Renegade and
all amendments thereto, and such other documents and matters as we have deemed
necessary to the rendering of the following opinion.
Based upon that review, it is our opinion that the Shares when issued in
conformance with the terms and conditions of the Plan, will be legally issued,
fully paid, and nonassessable under the Nevada General Corporation Law.
We do not find it necessary for the purposes of this opinion to cover, and
accordingly we express no opinion as to, the application of the securities or
blue sky laws of the various states as to the issuance and sale of the Shares.
We consent to the use of this opinion in the registration statement filed
with the Securities and Exchange Commission in connection with the registration
of the Shares and to the reference to our firm under the heading "Interests of
Named Experts and Counsel" in the registration statement.
Very truly yours,
BRASHER & COMPANY
/s/ John D. Brasher Jr.
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John D. Brasher Jr.
