Rise Gold Stock Price, News & Analysis

Rise Gold Corp (OTCQB: RYES) has announced two key corporate actions. The company has granted 3,320,000 stock options to its directors, officers, and consultants, exercisable at US$0.10 (CAD$0.14) per share with an expiration date of May 22, 2030. Additionally, Rise Gold has engaged Millstream Partners for investor relations services at a monthly fee of US$8,000 for an initial four-month term beginning May 22, 2025. The agreement with Millstream Partners does not include any stock options.

Rise Gold Corp (OTCQB: RYES) has successfully closed a $3 million non-brokered private placement at $0.082 per unit. Each unit includes one common share and half a warrant exercisable at $0.15 within three years. Equinox Partners emerged as a strategic investor, contributing $1.5 million and now owning 19.8% of the company. The funding will support the company's efforts to reopen the historic Idaho-Maryland-Brunswick Mine, which historically produced 2.4 million ounces at 17 g/t from the 1860s to 1956.

Additionally, Rise Gold renegotiated its debt agreement with Eridanus Capital, extending the maturity date to September 2027 and reducing the interest rate to 15%. Company insiders participated in the placement, purchasing approximately $812,144 worth of units.

Rise Gold Corp (OTCQB: RYES) has announced plans to raise US$3,000,000 through a private placement offering. The company will issue up to 36,585,365 units at US$0.082 per unit (approximately CDN$0.11). Each unit consists of one common stock share and one-half share purchase warrant.

The warrants will allow holders to purchase additional shares at US$0.15 (approximately CDN$0.21) for three years from issuance. The proceeds will be used for general working capital. The offering is expected to close in early May 2025, with securities subject to statutory hold periods under U.S. and Canadian securities laws.

Rise Gold Corp (CSE: RISE) (OTCQX: RYES) has announced the granting of 1,142,410 stock options to its directors and officers. The options are exercisable at US$0.10 (CAD$0.14) per share and will expire on March 25, 2030. This grant was made under the Company's Stock Option Plan.

Rise Gold Corp (OTCQX: RYES) has received a $702,000 payment related to its property sale announced on November 27, 2024. This payment represents a negotiated, discounted acceleration of a $900,000 payment originally due in 2026, as part of a larger $4.3 million land sale transaction involving 66 acres of industrial land adjacent to the Idaho-Maryland Mine Property.

The sale comprises two transactions: First, 16 acres for $1.8 million, with $900,000 received at closing and the now-accelerated $702,000 payment. Second, 50 acres for $2.5 million, expected to close on May 26, 2025, with the buyer currently paying monthly rent of $12,500. The buyer has placed $200,000 in escrow.

Rise Gold maintains a repurchase option for the 66 acres if it obtains mining operation approvals. The company retains ownership of the 53-acre I-M Mine Property, 56-acre Centennial property, and 2,585 acres of mineral rights. The proceeds will fund debt repayment and legal claims against Nevada County regarding mining rights.

Rise Gold Corp (OTCQX: RYES) has contracted to sell 66 acres of industrial land adjacent to its Idaho-Maryland Mine Property for $4.3 million. The sale involves two agreements: 16 acres for $1.8 million (closed Nov 27) and 50 acres for $2.5 million (closing May 2025). Both agreements include 5% annual interest payments on remaining balances. The company retains a repurchase option if mining approvals are obtained. Sale proceeds will fund debt repayment and legal claims against Nevada County regarding mining rights. The company maintains ownership of 53 acres around New Brunswick shaft, 56-acre Centennial property, and 2,585 acres of mineral rights.

Rise Gold Corp (CSE: RISE) (OTCQX: RYES) has announced key changes in its leadership team. Mihai Draguleasa, a CPA with over 15 years of accounting experience including work at Deloitte LLP and Ernst & Young, has been appointed as Chief Financial Officer, replacing Vince Boon. Catherine Cox, with over 20 years of experience as Corporate Secretary in the resource sector and former VP-Corporate Secretary at Nevada Copper Corp, has been appointed as Corporate Secretary, replacing Eileen Au.

Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) announced the successful passing of all proposed resolutions at its annual general meeting. Shareholders approved the election of Joseph E. Mullin III, Thomas I. Vehrs, Lawrence W. Lepard, Daniel Oliver Jr., and Clynton R. Nauman as directors. Davidson & Company LLP was re-appointed as auditors. Additionally, shareholders approved the continuation of the company's stock option plan and endorsed, on a non-binding advisory basis, both the executive compensation disclosure and annual stockholder advisory votes on executive compensation.

Rise Gold Corp. announced changes to its Board of Directors with the resignation of three directors: John Proust, Murray Flanigan, and Benjamin Mossman, effective October 30, 2024. Mossman will continue to serve the company in an advisory capacity.