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 $0.25 on 10/24/2025, increasing reported holdings to 14,663,191 indirectly via Myrmikan Gold Fund, LLC and 1,210,653 directly. The same date includes 1,000,000 new warrants with a $0.45 exercise price held indirectly.
A standstill agreement (dated 4/9/2024, amended on 5/8/2025 and 10/24/2025) states the holder agreed not to exercise specified warrants and may end the standstill with 61 days’ notice. Under that framework, shares underlying those warrants are not counted as beneficially owned for Section 13(d). The filing also notes a prior $500,000 secured loan linked to an earlier warrant issuance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrants | 1,000,000 | $0.00 | -- |
| Purchase | Common Stock | 1,000,000 | $0.25 | $250K |
| 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 | 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.
