Rise Gold Corp. Files 8-K on Equity Sales
Ticker: RYES · Form: 8-K · Filed: Oct 21, 2024 · CIK: 1424864
| Field | Detail |
|---|---|
| Company | Rise Gold Corp. (RYES) |
| Form Type | 8-K |
| Filed Date | Oct 21, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.11 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-sale, mining, financing
TL;DR
RISE filed an 8-K for unregistered equity sales - watch for dilution.
AI Summary
On October 21, 2024, Rise Gold Corp. filed an 8-K report detailing unregistered sales of equity securities. The filing indicates the company is involved in the metal mining industry, incorporated in Nevada, with its principal executive offices in Vancouver, British Columbia, Canada.
Why It Matters
This filing signals potential dilution for existing shareholders and provides insight into the company's financing activities for its mining operations.
Risk Assessment
Risk Level: medium — Unregistered equity sales can indicate a need for capital, potentially leading to dilution and signaling financial pressures.
Key Numbers
- 000-53848 — SEC File Number (Registrant's SEC file number)
- 30-0692325 — IRS Employer Identification No. (Registrant's IRS number)
Key Players & Entities
- Rise Gold Corp. (company) — Registrant
- Nevada (jurisdiction) — State of incorporation
- Vancouver, British Columbia, Canada (location) — Principal executive offices
- METAL MINING (industry) — Standard Industrial Classification
FAQ
What specific type of equity securities were sold unregistered?
The filing states 'Unregistered Sales of Equity Securities' as an item information, but does not specify the type of securities in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated October 21, 2024.
What is Rise Gold Corp.'s Standard Industrial Classification code?
Rise Gold Corp.'s Standard Industrial Classification is METAL MINING [1000].
Where are Rise Gold Corp.'s principal executive offices located?
The principal executive offices are located at 650-669 Howe Street, Vancouver, British Columbia, Canada.
Has Rise Gold Corp. had previous names?
Yes, the company was formerly known as Rise Resources Inc., Patriot Minefinders Inc., and Atlantic Resources Inc.
Filing Stats: 445 words · 2 min read · ~1 pages · Grade level 11.2 · Accepted 2024-10-21 08:57:30
Key Financial Figures
- $0.11 — options are exercisable at a price of US$0.11 per share until October 21, 2029. The
Filing Documents
- form8k.htm (8-K) — 13KB
- exhibit99-1.htm (EX-99.1) — 2KB
- exhibit99-1x001.jpg (GRAPHIC) — 9KB
- 0001062993-24-017789.txt ( ) — 233KB
- ryes-20241021.xsd (EX-101.SCH) — 4KB
- ryes-20241021_cal.xml (EX-101.CAL) — 1KB
- ryes-20241021_def.xml (EX-101.DEF) — 22KB
- ryes-20241021_lab.xml (EX-101.LAB) — 45KB
- ryes-20241021_pre.xml (EX-101.PRE) — 24KB
- form8k_htm.xml (XML) — 3KB
02 Unregistered Sales of Securities
Item 3.02 Unregistered Sales of Securities On October 21, 2024, Rise Gold Corp. (the "Corporation") granted 1,006,750 stock options to a director of the Corporation pursuant to the terms of the Corporation's Stock Option Plan. The stock options are exercisable at a price of US$0.11 per share until October 21, 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.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit No. Description 99.1 Press release dated October 21, 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: October 21, 2024 RISE GOLD CORP. /s/ Joseph Mullin Joseph Mullin President and CEO