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.
Rise Gold Corp. (RYES) is a mineral exploration company focused on revitalizing historic gold assets through advanced geological programs and strategic financial management. This page serves as the definitive source for all official company announcements, operational updates, and industry-related developments.
Investors and industry observers will find curated access to RYES's latest press releases, including exploration progress at the Idaho-Maryland Mine, capital financing activities, and regulatory filings. Our news collection prioritizes timely reporting on drilling results, mineral resource estimates, and strategic partnerships essential for evaluating the company's trajectory.
Key updates cover permit advancements, quarterly financial disclosures, mineral rights acquisitions, and technical reports. Content is rigorously verified to ensure alignment with Canadian and U.S. securities regulations, providing a trustworthy resource for investment research.
Bookmark this page for streamlined access to Rise Gold's evolving story in the mining sector. Check back regularly for critical updates impacting the company's exploration milestones and market positioning.
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) has granted 1,006,750 stock options to a director of the These options are part of the Company's Stock Option Plan and come with specific terms:
- Exercise price: US$0.11 (C$0.155) per share
- Expiration date: October 21, 2029
This grant of stock options is a form of equity compensation, often used to align the interests of directors with those of shareholders and provide incentives for long-term performance.
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) has finalized a US$500,000 secured loan agreement with Myrmikan Gold Fund, The loan has a 4-year term with a 15% annual interest rate, payable along with the principal upon maturity. As part of the agreement, the lender will receive 2,882,514 share purchase warrants, each allowing the acquisition of one company share at US$0.1735 within four years of issuance.
The loan, secured against the company's and its subsidiary's assets, will be used for working capital. Daniel Oliver Jr., a company director and managing member of the lender, disclosed his interest and abstained from voting on the loan approval. The transaction is exempt from certain formal valuation and minority shareholder approval requirements under MI 61-101.
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) has secured a US$500,000 loan from Myrmikan Gold Fund, The loan has a 4-year term with a 15% annual interest rate. As part of the agreement, the lender will receive 2,882,514 share purchase warrants, each allowing the acquisition of one company share at US$0.1735 for four years. The loan, secured against company assets, will be used for working capital.
Daniel Oliver Jr., a company director and managing member of the lender, disclosed his interest and abstained from voting. The transaction is subject to regulatory acceptance and relies on exemptions from formal valuation and minority shareholder approval requirements under MI 61-101.
Rise Gold Corp (CSE: RISE) (OTCQX: RYES) has issued 1,006,750 stock options to its President & CEO, Joseph Mullin, through his personal company Mount Arvon Partners The options are exercisable at US$0.10 (C$0.14) per share and will expire on September 20, 2029. This grant was made possible by the voluntary surrender of certain options by another option holder. Following this issuance, the total number of outstanding options under the Company's stock option plan stands at 1,286,750.
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) has finalized an amended debt agreement with Eridanus Capital Key points include:
1. Issuance of 1,700,000 share purchase warrants, with 340,000 directed to Daniel Oliver, Jr., a member of Eridanus and a company director.
2. Loan maturity extended by one year to September 4, 2025.
3. Interest rate reduced to 15% for 12 months starting September 4, 2024.
4. Warrants allow holders to acquire one share at US$0.115 for four years from issuance.
5. The transaction is exempt from certain regulatory requirements due to its size relative to Rise Gold's market capitalization.
The securities are subject to statutory hold periods and have not been registered under the U.S. Securities Act.
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) has extended its debt agreement with Eridanus Capital , pushing the maturity date to September 4, 2025. The company will reduce the interest rate to 15% for 12 months after closing. In exchange, Rise Gold will issue 1,700,000 share purchase warrants to Eridanus, with 340,000 directed to Daniel Oliver Jr., a company director and manager of Myrmikan Capital, Each warrant allows the purchase of one share at US$0.115 within four years of issuance. The transaction, expected to close around September 10, 2024, is subject to regulatory approval and relies on exemptions from formal valuation and minority shareholder approval requirements under MI 61-101.
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.
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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