Rise Gold director and 10% owner discloses major option grant
Rhea-AI Filing Summary
Rise Gold Corp. (RYES) insider Daniel Oliver, a director and 10% owner, reported his equity and derivative holdings in a Form 4. On 11/20/2025, he received options to buy 1,000,000 shares of common stock at an exercise price of $0.18 per share, exercisable through 11/20/2030. Following the reported transactions, he directly holds 1,210,653 common shares and indirectly holds 14,663,191 shares through Myrmikan Gold Fund, LLC.
The filing also lists multiple options and warrants with exercise prices ranging from $0.10 to $0.45, plus 365,854 Deferred Share Units that convert into common stock when he ceases to be an eligible person under the company’s long-term plan. Certain warrants are subject to a standstill agreement, under which the holder has agreed not to exercise them unless the agreement is terminated with 61 days’ written notice, and some warrants were issued in connection with a $500,000 secured loan to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options | 1,000,000 | $0.00 | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Deferred Share Units (DSUs) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The holder and the issuer have entered into a warrant standstill agreement dated 4-9-24, as amended and restated on May 8, 2025 with respect to Mr. Oliver and October 24, 2025 with respect to the Fund, pursuant to which the holder has agreed not to exercise these warrants. The agreement will remain in effect until terminated upon 61 days' written notice to the issuer from the holder. On that basis, the holder does not beneficially own the shares of common stock underlying the warrants, as defined for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended. These warrants were issued in connection with a secured loan agreement pursuant to which the holder loaned $500,000 to the issuer. The reporting person is entitled to receive one share of the issuer's Common Stock for each DSU held upon ceasing to be an Eligible Person as defined in the issuer's Long-Term Incentive Plan. "Eligible Person" means a Director, Officer, Employee, Management Company Employee, or Consultant of the Issuer or a subsidiary of the Issuer.
FAQ
What insider activity did Rise Gold Corp. (RYES) report on this Form 4?
The Form 4 shows that Daniel Oliver, a director and 10% owner of Rise Gold Corp. (RYES), reported his beneficial ownership of common stock, options, warrants, and Deferred Share Units, including a new grant of 1,000,000 stock options.
What new options did Daniel Oliver receive in Rise Gold Corp. (RYES)?
Daniel Oliver received options on 11/20/2025 to purchase 1,000,000 shares of Rise Gold common stock at an exercise price of $0.18 per share, exercisable until 11/20/2030.
What is the warrant standstill agreement mentioned in the Rise Gold (RYES) filing?
The filing explains that the holder and Rise Gold entered into a warrant standstill agreement, as amended on May 8, 2025 for Mr. Oliver and October 24, 2025 for the fund. Under this agreement, the holder has agreed not to exercise certain warrants, and it can be terminated upon 61 days' written notice.
How are some Rise Gold (RYES) warrants linked to a loan in this Form 4?
The filing states that certain warrants were issued in connection with a secured loan agreement under which the holder loaned $500,000 to Rise Gold, tying those warrants to that financing arrangement.
What is Daniel Oliver’s relationship to Rise Gold Corp. (RYES)?
Daniel Oliver is identified as both a Director and a 10% Owner of Rise Gold Corp., and he also signs in his capacity related to Myrmikan Capital, LLC and Myrmikan Gold Fund, LLC.