Rise Gold insider adds 1,000,000 warrants at $0.45; standstill noted
Rhea-AI Filing Summary
Rise Gold (RYES): Director and 10% owner Daniel Oliver reported buying 1,000,000 shares of common stock at $0.25 on 10/24/2025. Following the transaction, beneficial ownership was 14,663,191 shares held indirectly through Myrmikan Gold Fund, LLC and 1,210,653 shares held directly.
On the same date, the reporting persons also reported 1,000,000 new warrants with a $0.45 exercise price, held indirectly via Myrmikan Gold Fund, alongside previously reported options and warrants positions. A warrant standstill agreement dated 4/9/2024, as amended on 5/8/2025 and 10/24/2025, provides that the holder has agreed not to exercise specified warrants and may terminate the standstill with 61 days’ written notice; under this, the holder does not beneficially own the warrant underlying shares for Section 13(d) purposes. One prior warrant issuance was tied to a $500,000 secured loan to the issuer.
Positive
- None.
Negative
- None.
Insights
Insider bought shares; warrants subject to a standstill.
The filing shows a purchase of 1,000,000 RYES shares at
A standstill agreement (dated