Welcome to our dedicated page for Rise Gold news (Ticker: RYES), a resource for investors and traders seeking the latest updates and insights on Rise Gold stock.
Rise Gold Corp. (RYES) is a mineral exploration company focused on revitalizing historic gold assets through advanced geological programs and strategic financial management. This page serves as the definitive source for all official company announcements, operational updates, and industry-related developments.
Investors and industry observers will find curated access to RYES's latest press releases, including exploration progress at the Idaho-Maryland Mine, capital financing activities, and regulatory filings. Our news collection prioritizes timely reporting on drilling results, mineral resource estimates, and strategic partnerships essential for evaluating the company's trajectory.
Key updates cover permit advancements, quarterly financial disclosures, mineral rights acquisitions, and technical reports. Content is rigorously verified to ensure alignment with Canadian and U.S. securities regulations, providing a trustworthy resource for investment research.
Bookmark this page for streamlined access to Rise Gold's evolving story in the mining sector. Check back regularly for critical updates impacting the company's exploration milestones and market positioning.
Rise Gold Corp (OTCQB: RYES) has announced plans to raise US$3,000,000 through a private placement offering. The company will issue up to 36,585,365 units at US$0.082 per unit (approximately CDN$0.11). Each unit consists of one common stock share and one-half share purchase warrant.
The warrants will allow holders to purchase additional shares at US$0.15 (approximately CDN$0.21) for three years from issuance. The proceeds will be used for general working capital. The offering is expected to close in early May 2025, with securities subject to statutory hold periods under U.S. and Canadian securities laws.
Rise Gold Corp (CSE: RISE) (OTCQX: RYES) has announced the granting of 1,142,410 stock options to its directors and officers. The options are exercisable at US$0.10 (CAD$0.14) per share and will expire on March 25, 2030. This grant was made under the Company's Stock Option Plan.
Rise Gold Corp (OTCQX: RYES) has received a $702,000 payment related to its property sale announced on November 27, 2024. This payment represents a negotiated, discounted acceleration of a $900,000 payment originally due in 2026, as part of a larger $4.3 million land sale transaction involving 66 acres of industrial land adjacent to the Idaho-Maryland Mine Property.
The sale comprises two transactions: First, 16 acres for $1.8 million, with $900,000 received at closing and the now-accelerated $702,000 payment. Second, 50 acres for $2.5 million, expected to close on May 26, 2025, with the buyer currently paying monthly rent of $12,500. The buyer has placed $200,000 in escrow.
Rise Gold maintains a repurchase option for the 66 acres if it obtains mining operation approvals. The company retains ownership of the 53-acre I-M Mine Property, 56-acre Centennial property, and 2,585 acres of mineral rights. The proceeds will fund debt repayment and legal claims against Nevada County regarding mining rights.
Rise Gold Corp (OTCQX: RYES) has contracted to sell 66 acres of industrial land adjacent to its Idaho-Maryland Mine Property for $4.3 million. The sale involves two agreements: 16 acres for $1.8 million (closed Nov 27) and 50 acres for $2.5 million (closing May 2025). Both agreements include 5% annual interest payments on remaining balances. The company retains a repurchase option if mining approvals are obtained. Sale proceeds will fund debt repayment and legal claims against Nevada County regarding mining rights. The company maintains ownership of 53 acres around New Brunswick shaft, 56-acre Centennial property, and 2,585 acres of mineral rights.
Rise Gold Corp (CSE: RISE) (OTCQX: RYES) has announced key changes in its leadership team. Mihai Draguleasa, a CPA with over 15 years of accounting experience including work at Deloitte LLP and Ernst & Young, has been appointed as Chief Financial Officer, replacing Vince Boon. Catherine Cox, with over 20 years of experience as Corporate Secretary in the resource sector and former VP-Corporate Secretary at Nevada Copper Corp, has been appointed as Corporate Secretary, replacing Eileen Au.
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) announced the successful passing of all proposed resolutions at its annual general meeting. Shareholders approved the election of Joseph E. Mullin III, Thomas I. Vehrs, Lawrence W. Lepard, Daniel Oliver Jr., and Clynton R. Nauman as directors. Davidson & Company LLP was re-appointed as auditors. Additionally, shareholders approved the continuation of the company's stock option plan and endorsed, on a non-binding advisory basis, both the executive compensation disclosure and annual stockholder advisory votes on executive compensation.
Rise Gold Corp. announced changes to its Board of Directors with the resignation of three directors: John Proust, Murray Flanigan, and Benjamin Mossman, effective October 30, 2024. Mossman will continue to serve the company in an advisory capacity.
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.
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) has finalized a US$500,000 secured loan agreement with Myrmikan Gold Fund, The loan has a 4-year term with a 15% annual interest rate, payable along with the principal upon maturity. As part of the agreement, the lender will receive 2,882,514 share purchase warrants, each allowing the acquisition of one company share at US$0.1735 within four years of issuance.
The loan, secured against the company's and its subsidiary's assets, will be used for working capital. Daniel Oliver Jr., a company director and managing member of the lender, disclosed his interest and abstained from voting on the loan approval. The transaction is exempt from certain formal valuation and minority shareholder approval requirements under MI 61-101.
Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) has secured a US$500,000 loan from Myrmikan Gold Fund, The loan has a 4-year term with a 15% annual interest rate. As part of the agreement, the lender will receive 2,882,514 share purchase warrants, each allowing the acquisition of one company share at US$0.1735 for four years. The loan, secured against company assets, will be used for working capital.
Daniel Oliver Jr., a company director and managing member of the lender, disclosed his interest and abstained from voting. The transaction is subject to regulatory acceptance and relies on exemptions from formal valuation and minority shareholder approval requirements under MI 61-101.
