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RLYGF - RLYGF STOCK NEWS

Welcome to our dedicated news page for RLYGF (Ticker: RLYGF), a resource for investors and traders seeking the latest updates and insights on RLYGF.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RLYGF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RLYGF's position in the market.

Rhea-AI Summary
Riley Gold Corp. announces Paul Dobak joining as part of the technical advisory committee for its Nevada-based exploration, including the Pipeline West Clipper Gold Project. The company recently secured a USD$20M earn-in agreement with Kinross Gold for the project, situated in a highly prospective area in Nevada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.67%
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none
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Rhea-AI Summary
Riley Gold Corp. announces the successful closure of its private placement, raising C$1.5 million through the issuance of 10,000,000 units at C$0.15 per Unit. Kinross Gold subscribed for 2,217,815 Units, representing a 9.9% ownership interest in the Company. The Private Placement also saw participation from insiders, totaling 3,037,185 Units. All securities issued will be subject to a hold period of four months and one day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.65%
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none
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Rhea-AI Summary
Riley Gold Corp. increases private placement size to meet investor demand, offering up to 10,000,000 units at C$0.15 per unit with total gross proceeds of up to C$1,500,000. Kinross Gold to subscribe for 9.9% ownership interest. Directors and officers to participate in the placement. Proceeds for project exploration and working capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.49%
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none
Rhea-AI Summary
Riley Gold Corp. announces a private placement with Kinross Gold U.S.A., Inc., granting Kinross the right to earn up to a 75% interest in Riley Gold's Pipeline West/Clipper Gold Project by spending a minimum of US$20 million. Kinross will assume operatorship of the project and take a strategic 9.9% equity interest in the Company through the private placement. The agreement includes reimbursement of expenditures, two earn-in options for Kinross, formation of a Project Technical Committee, creation of a joint venture, dilution provision, and a non-brokered private placement of up to 8,000,000 units at C$0.15 per Unit with Kinross subscribing for a 9.9% ownership interest in the Company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
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