Rise Gold director and 10% owner discloses major option grant
Rhea-AI Filing Summary
Rise Gold Corp. (RYES)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.
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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.
How many Rise Gold (RYES) shares does Daniel Oliver beneficially own after the reported transactions?
After the reported transactions, Daniel Oliver holds 1,210,653 Rise Gold common shares directly and 14,663,191 common shares indirectly through Myrmikan Gold Fund, LLC, in addition to various options, warrants, and DSUs.
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
What do the Deferred Share Units (DSUs) in the Rise Gold (RYES) Form 4 represent?
The Form 4 reports 365,854 Deferred Share Units. The reporting person is entitled to receive one share of Rise Gold common stock for each DSU upon ceasing to be an eligible person under the company’s Long-Term Incentive Plan.
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.