Rise Gold Corp. Files 8-K on Equity Sales

TL;DR

Rise Gold Corp. filed an 8-K detailing unregistered equity sales and other corporate events.

AI Summary

Rise Gold Corp. filed an 8-K on April 9, 2024, reporting on unregistered sales of equity securities and other events. The company, incorporated in Nevada, is involved in metal mining and has its principal executive offices in Vancouver, Canada. This filing also includes financial statements and exhibits.

Why It Matters

This filing provides updates on the company's financial activities and corporate events, which could impact investor decisions regarding Rise Gold Corp.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain immediate negative news.

Key Players & Entities

• Rise Gold Corp. (company) — Registrant
• Nevada (jurisdiction) — State of incorporation
• Vancouver, Canada (location) — Principal executive offices
• April 9, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $500,000 — n its April 3, 2024 news release from US$500,000 up to US$750,000 through the issuance o
• $750,000 — 24 news release from US$500,000 up to US$750,000 through the issuance of up to 7,894,736
• $0.095 — 6 units (each a "Unit") at a price of US$0.095 per Unit (~CDN$0.128 per Unit), with ea
• $0.128 — ") at a price of US$0.095 per Unit (~CDN$0.128 per Unit), with each Unit comprising on
• $0.158 — ire one Share at an exercise price of US$0.158 (~CDN$0.21) for a period of three years
• $0.21 — e at an exercise price of US$0.158 (~CDN$0.21) for a period of three years from the d
• $545,902 — he, the Corporation raised a total of US$545,902 through the sale of 5,746,341 units. Wa
• $885 — l April 9, 2027. The Corporation paid US$885 in finder's fees and issued a total of
• $276,500 — 2,910,527 Units for gross proceeds of US$276,500. The Corporation issued the shares and

Filing Documents

• form8k.htm (8-K) — 16KB
• exhibit99-1.htm (EX-99.1) — 8KB
• exhibit99-1x001.jpg (GRAPHIC) — 9KB
• 0001062993-24-008208.txt ( ) — 245KB
• ryes-20240409.xsd (EX-101.SCH) — 4KB
• ryes-20240409_cal.xml (EX-101.CAL) — 1KB
• ryes-20240409_def.xml (EX-101.DEF) — 22KB
• ryes-20240409_lab.xml (EX-101.LAB) — 45KB
• ryes-20240409_pre.xml (EX-101.PRE) — 24KB
• form8k_htm.xml (XML) — 3KB

02 Unregistered Sales of Equity Securities

Item 3.02 Unregistered Sales of Equity Securities On April 9, 2024, Rise Gold Corp. (the "Corporation") announced that it has increased the size of the non-brokered private placement previously announced in its April 3, 2024 news release from US$500,000 up to US$750,000 through the issuance of up to 7,894,736 units (each a "Unit") at a price of US$0.095 per Unit (~CDN$0.128 per Unit), with each Unit comprising one share of common stock (a "Share") and one-half of one share purchase warrant (the "Private Placement"). Each whole warrant (a "Warrant") entitles the holder to acquire one Share at an exercise price of US$0.158 (~CDN$0.21) for a period of three years from the date of issuance. The Company further announced it has completed the first tranche of the non-brokered Private Placement. In this first tranche, the Corporation raised a total of US$545,902 through the sale of 5,746,341 units. Warrants issued may be exercised until April 9, 2027. The Corporation paid US$885 in finder's fees and issued a total of 9,000 finder's warrants, where each finder's warrant entitles the holder to acquire one Share at a price of US$0.158 until April 9, 2026. A director and an officer of Rise Gold, directly, or through entities for which they exercise control or direction over investment decisions, purchased an aggregate of 2,910,527 Units for gross proceeds of US$276,500. The Corporation issued the shares and warrants underlying the units, as well as the finder's warrants, in reliance on Rule 903 of Regulation S under the Securities Act of 1933, as amended (the " Securities Act ") for offers and sales outside of the United States and Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D thereunder for offers and sales in the United States and to U.S. persons. The Corporation's reliance on Rule 903 was based on the fact that the securities were sold in offshore transactions, we did not engage in any directed selling efforts in the United States in connection

01 Other Events

Item 8.01 Other Events On April 9, 2024, the Corporation issued a news release announcing the completion of the first tranche of the Private Placement. Additional information is provided in the news release, a copy of which is included as Exhibit 99.1.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits Exhibit No. Description 99.1 Press release dated April 9, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 9, 2024 RISE GOLD CORP. /s/ Joseph Mullin Joseph Mullin President and CEO

View Full Filing

View this 8-K filing on SEC EDGAR