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RISE GOLD CORP - $RYES STOCK NEWS

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

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 RISE GOLD'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 RISE GOLD's position in the market.

News
Rise Gold Grants Stock Options
Rhea-AI Summary

Rise Gold Corp. has granted over 1 million stock options to directors and an officer of the Company at a price of US$0.17 per share, expiring in 2029.

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End-of-Day
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Rise Gold Closes Equity Financing
Rhea-AI Summary

Rise Gold Corp. (CSE: RISE) has closed the second and final tranche of a non-brokered private placement, raising a total of US$954,253 through the sale of 10,044,765 units. The company previously closed the first tranche on April 9, 2024, raising US$545,902. Certain directors purchased 2,495,793 units, constituting a 'related party transaction.' Rise Gold plans to utilize the proceeds for general working capital, debt repayment, and settlement of related party fees.

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Rise Gold Increases Equity Financing to US$1,000,000
Rhea-AI Summary
Rise Gold Corp. has increased its non-brokered private placement to US$1,000,000, offering up to 10,526,316 units at a price of US$0.095 per unit. The proceeds will be used for general working capital, with certain insiders participating in the placement. The securities offered have not been registered under the U.S. Securities Act.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.88%
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Rise Gold Increases Equity Financing and Closes First Tranche of Financing
Rhea-AI Summary
Rise Gold Corp. increases non-brokered private placement to US$750,000, completes first tranche raising US$545,902. Director and officer participate in the private placement. Proceeds to be used for general working capital, debt repayment, and settlement of related party fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.27%
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Rise Gold Announces US$500,000 Financing
Rhea-AI Summary
Rise Gold Corp. (RYES) announces a Private Placement to raise up to US$500,000 through the issuance of units, each comprising one common stock share and one-half of a share purchase warrant. The Company plans to use the proceeds for general working capital, with certain insiders participating in the offering. The securities will be subject to hold periods, and the Company expects a first closing in early April 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.18%
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Rise Gold Announces a Credit Facility Arrangement
Rhea-AI Summary
Rise Gold Corp. (RYES) has entered into a credit facility arrangement with an arm's length lender, allowing the lender to advance up to US$1,000,000 per month at a 12% annual compounding interest rate. The company may repay the amounts at any time without penalty. In connection with the credit facility, the company will issue non-transferable share purchase warrants to the lender. The securities offered under the arrangement have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold without compliance with applicable regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.5%
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Rise Gold Reports Result of Vested Rights Hearing
Rhea-AI Summary
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) faces rejection of vested rights petition to operate Idaho-Maryland Mine by Nevada County Board of Supervisors, despite presenting evidence of mining activity through 1956.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.32%
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Rise Gold Grants Stock Options
Rhea-AI Summary
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) grants 707,752 stock options to directors at US$0.25 per share until December 12, 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8%
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Rise Gold Closes Equity Financing
Rhea-AI Summary
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) completed a non-brokered private placement, raising US$967,957 through the sale of 5,377,541 units. The company also closed a second tranche of the financing, raising US$383,600 through the sale of 2,131,110 units at a price of US$0.18 per unit. A director of Rise Gold purchased 280,000 units for gross proceeds of US$50,400.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
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Rise Gold Provides Update on Vested Rights
Rhea-AI Summary
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) has submitted a Petition to Nevada County to assert its vested right to mine at the Idaho-Maryland-Brunswick Mine. The County will make a decision on December 13th, and the Supervisors' decision is not discretionary. The legal staff of Nevada County has released a Staff Report analyzing the petition, and the Company has retained the litigation firm of Cooper & Kirk to defend its property interests. The legal dispute centers around whether the Company can show that operations were occurring at the time that the zoning ordinance was passed in 1954, and whether the right to mine was abandoned. The Company has submitted 2,000 pages of exhibits to demonstrate that there was never an intent to abandon the right to mine. The legal staff of Nevada County opine that any vested right to operate the mine was abandoned, while the Company argues that the County should adhere to California law and recognize its vested right to operate the mine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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RISE GOLD CORP

OTC:RYES

RYES Rankings

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RYES Stock Data

5.88M
28.07M
38.29%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Vancouver

About RYES

rise gold corp. operates as a mineral exploration company. it primarily holds interest in the idaho-maryland gold mine property that comprises approximately 93 acres surface land and approximately 2,800 acres of mineral rights located in the grass valley mining district of northern california. the company was formerly known as rise resources inc. and changed its name to rise gold corp. in april 2017. rise gold corp. was founded in 2007 and is based in vancouver, canada.