Rise Gold Grants Stock Options

Rhea-AI Summary

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.

Positive

• Aligns director's interests with shareholders through equity compensation
• Provides long-term incentive with 5-year option expiration

Negative

• Potential dilution of existing shareholders' ownership
• Exercise price of US$0.11 may be below current market price, depending on stock performance

Grass Valley, California--(Newsfile Corp. - October 21, 2024) - Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) (the "Corporation") announces that it has granted 1,006,750 stock options to a director of the Corporation pursuant to the terms of the Company's Stock Option Plan. The stock options are exercisable at a price of US$0.11 (C$0.155) per share until October 21, 2029.

About Rise Gold Corp.

Rise Gold is an exploration-stage mining company incorporated in Nevada, USA. The Company's principal asset is the historic past-producing Idaho-Maryland Gold Mine located in Nevada County, California, USA.

On behalf of the Board of Directors:

Joseph Mullin
President & CEO
Rise Gold Corp.

For further information, please contact:

RISE GOLD CORP.
345 Crown Point Circle, Suite 600
Grass Valley, CA, USA 95945
T: 530.433.0188
info@risegoldcorp.com
www.risegoldcorp.com

The CSE has not reviewed, approved or disapproved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227246

FAQ

How many stock options did Rise Gold Corp (RYES) grant on October 21, 2024?

Rise Gold Corp (RYES) granted 1,006,750 stock options on October 21, 2024.

What is the exercise price of the stock options granted by Rise Gold Corp (RYES)?

The exercise price of the stock options granted by Rise Gold Corp (RYES) is US$0.11 (C$0.155) per share.

When do the stock options granted by Rise Gold Corp (RYES) expire?

The stock options granted by Rise Gold Corp (RYES) expire on October 21, 2029.

Who received the stock options granted by Rise Gold Corp (RYES)?

The stock options were granted to a director of Rise Gold Corp (RYES).