Rise Gold Corp. Files 8-K on Equity Sales & Personnel Changes
Ticker: RYES · Form: 8-K · Filed: Sep 23, 2024 · CIK: 1424864
| Field | Detail |
|---|---|
| Company | Rise Gold Corp. (RYES) |
| Form Type | 8-K |
| Filed Date | Sep 23, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-sale, personnel-change, filing
TL;DR
Rise Gold Corp. filed an 8-K detailing equity sales and board changes. Keep an eye on this one.
AI Summary
Rise Gold Corp. filed an 8-K on September 20, 2024, reporting on unregistered sales of equity securities, director/officer changes, and financial statements. The company, formerly known as Rise Resources Inc., is incorporated in Nevada and operates in the metal mining sector.
Why It Matters
This filing provides updates on the company's financial activities and corporate governance, which are crucial for investors to assess the company's current status and future direction.
Risk Assessment
Risk Level: medium — The filing mentions unregistered sales of equity securities, which can sometimes indicate financial distress or dilution, and changes in directors/officers, which can signal strategic shifts.
Key Numbers
- 000-53848 — SEC File Number (Identifies the company's filing with the SEC.)
- 30-0692325 — IRS Number (Company's Employer Identification Number.)
- 20240920 — Report Date (Date of the earliest event reported in the 8-K.)
Key Players & Entities
- Rise Gold Corp. (company) — Registrant
- Rise Resources Inc. (company) — Former Company Name
- Patriot Minefinders Inc. (company) — Former Company Name
- Atlantic Resources Inc. (company) — Former Company Name
- Nevada (jurisdiction) — State of Incorporation
- METAL MINING (industry) — Standard Industrial Classification
FAQ
What were the details of the unregistered sales of equity securities?
The filing indicates 'Unregistered Sales of Equity Securities' as an item, but specific details such as the amount, price, or purchasers are not provided in this summary.
What specific changes occurred regarding directors or officers?
The filing lists 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as an item, but the specific individuals and their roles are not detailed in this summary.
When was Rise Gold Corp. incorporated?
The filing states the company is incorporated in Nevada, but the exact incorporation date is not provided in this summary.
What is Rise Gold Corp.'s primary business?
Rise Gold Corp. is classified under 'METAL MINING' with SIC code [1000].
What is the company's fiscal year end?
The company's fiscal year ends on July 31 (0731).
Filing Stats: 498 words · 2 min read · ~2 pages · Grade level 10.6 · Accepted 2024-09-20 19:07:31
Key Financial Figures
- $0.10 — options are exercisable at a price of US$0.10 per share until September 20, 2029. Th
Filing Documents
- form8k.htm (8-K) — 14KB
- exhibit99-1.htm (EX-99.1) — 3KB
- exhibit99-1x001.jpg (GRAPHIC) — 9KB
- 0001062993-24-016868.txt ( ) — 235KB
- ryes-20240920.xsd (EX-101.SCH) — 4KB
- ryes-20240920_cal.xml (EX-101.CAL) — 1KB
- ryes-20240920_def.xml (EX-101.DEF) — 22KB
- ryes-20240920_lab.xml (EX-101.LAB) — 45KB
- ryes-20240920_pre.xml (EX-101.PRE) — 24KB
- form8k_htm.xml (XML) — 3KB
02 Unregistered Sales of Securities
Item 3.02 Unregistered Sales of Securities On September 209, 2024, Rise Gold Corp. (the "Corporation") granted 1,006,750 stock options to an officer of the Corporation pursuant to the terms of the Corporation's Stock Option Plan. The stock options are exercisable at a price of US$0.10 per share until September 20, 2029. The Corporation granted the options in reliance on the private offering exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended.
02 Compensatory Arrangements of Certain Officers
Item 5.02 Compensatory Arrangements of Certain Officers (e) The disclosure provided in Item 3.02 above is incorporated in this Item 5.02(e) by reference. On September 20, 2024, the Corporation granted 1,006,750 stock options to Joseph Mullin through his personal company Mount Arvon Partners LLC. Mr. Mullin serves as the Company's Chief Executive Officer.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit No. Description 99.1 Press release dated September 20, 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: September 20, 2024 RISE GOLD CORP. /s/ Joseph Mullin Joseph Mullin President and CEO