Rise Gold Corp. Executive Compensation Details for FY24
Ticker: RYES · Form: DEF 14A · Filed: Dec 2, 2024 · CIK: 1424864
| Field | Detail |
|---|---|
| Company | Rise Gold Corp. (RYES) |
| Form Type | DEF 14A |
| Filed Date | Dec 2, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.26, $0.25, $0.17, $0.60, $0.158 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, proxy-statement, sec-filing
TL;DR
Rise Gold Corp. paid PEO Mullin $144k in FY24 (salary + equity).
AI Summary
Rise Gold Corp. filed a DEF 14A, detailing executive compensation for fiscal year 2024. Joseph E. Mullin III served as PEO from September 23, 2023, through July 31, 2024, with a total compensation package (CAP) of $144,415, including $112,933 in salary and equity awards. Benjamin Mossman also served as PEO during fiscal year 2023.
Why It Matters
This filing provides transparency into how executive compensation is structured and awarded at Rise Gold Corp., which can influence investor perception and corporate governance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of executive compensation and does not present immediate financial risks.
Key Numbers
- $144,415 — PEO Mullin's FY24 Compensation (Includes salary and equity awards for the period Joseph E. Mullin III served as PEO.)
- $112,933 — PEO Mullin's FY24 Salary (Portion of total compensation paid as base salary.)
Key Players & Entities
- Rise Gold Corp. (company) — Filer of the DEF 14A
- Joseph E. Mullin III (person) — PEO from Sep 23, 2023 to Jul 31, 2024
- Benjamin Mossman (person) — PEO during fiscal year 2023
- $144,415 (dollar_amount) — Total compensation package (CAP) for PEO Mullin in FY24
- $112,933 (dollar_amount) — Salary paid to PEO Mullin in FY24
FAQ
What was the total compensation for Joseph E. Mullin III as PEO in fiscal year 2024?
The total compensation package (CAP) for PEO Mullin in fiscal year 2024 was $144,415.
What portion of PEO Mullin's FY24 compensation was salary?
PEO Mullin's salary for fiscal year 2024 was $112,933.
When did Joseph E. Mullin III serve as PEO for Rise Gold Corp. in fiscal year 2024?
Joseph E. Mullin III served as PEO from September 23, 2023, through July 31, 2024.
Who served as PEO for Rise Gold Corp. during fiscal year 2023?
Benjamin Mossman served as PEO during fiscal year 2023.
What was the fair value of vested equity awards for PEO Mullin in FY24?
The fair value of vested equity awards for PEO Mullin in FY24 was $21,254.
Filing Stats: 4,863 words · 19 min read · ~16 pages · Grade level 9.9 · Accepted 2024-11-29 19:35:49
Key Financial Figures
- $0.26 — cisable into common stock at a price of $0.26 per share until September 22, 2028, 200
- $0.25 — cisable into common stock at a price of $0.25 per share until December 12, 2028 and 1
- $0.17 — cisable into common stock at a price of $0.17 per share until May 1, 2029. Mr. Oliver
- $0.60 — cisable into common stock at a price of $0.60 per share until February 17, 2025, 300,
- $0.158 — cisable into common stock at a price of $0.158 per share until April 29, 2027 and 340,
- $0.115 — cisable into common stock at a price of $0.115 per share until September 12, 2028. The
- $0.1735 — cisable into common stock at a price of $0.1735 per share until October 10, 2028. The s
- $0.65 — cisable into common stock at a price of $0.65 per share until February 7, 2027, 105,0
- $0.53 — cisable into common stock at a price of $0.53 per share until February 21, 2028, 47,7
- $0.10 — to shares of common stock at a price of $0.10 per share until September 29, 2029 . Th
- $1 billion — in a market capitalization in excess of $1 billion. Dr. Vehrs holds a Ph.D. in geology fro
- $18 billion — Comcast Corporation for approximately US$18 billion. - 5 - Lawrence W. Lepard , Director
- $250 million — tal partnerships, the last of which was $250 million. Geocapital was very active in technolo
Filing Documents
- formdef14a.htm (DEF 14A) — 407KB
- formdef14axz001.jpg (GRAPHIC) — 9KB
- formdef14axz002.jpg (GRAPHIC) — 7KB
- 0001062993-24-019848.txt ( ) — 860KB
- ryes-20240731.xsd (EX-101.SCH) — 4KB
- ryes-20240731_def.xml (EX-101.DEF) — 2KB
- ryes-20240731_lab.xml (EX-101.LAB) — 4KB
- ryes-20240731_pre.xml (EX-101.PRE) — 2KB
- formdef14a_htm.xml (XML) — 36KB
Date, Time and Place Information
Item 1. Date, Time and Place Information. See the "Introduction" section in the Information Circular. The Corporation anticipates that the Information Circular and form of proxy will first be sent or given to stockholders on October 30, 2024.
Revocability of Proxy
Item 2. Revocability of Proxy. See the "Appointment and Revocation of Proxy" section in the Information Circular.
Dissenters' Right of Appraisal
Item 3. Dissenters' Right of Appraisal. Not applicable.
Persons Making the Solicitation
Item 4. Persons Making the Solicitation. See the "Introduction" and "Solicitation of Proxies" sections in the Information Circular.
Interest of Certain Persons in Matters to be Acted Upon
Item 5. Interest of Certain Persons in Matters to be Acted Upon. See the "Interest of Certain Persons in Matters to be Acted Upon" section in the Information Circular.
Voting Securities and Principal Holders Thereof
Item 6. Voting Securities and Principal Holders Thereof. The following table sets forth certain information regarding the Corporation's common stock beneficially owned as of October 18, 2024 for (1) each stockholder known to be the beneficial owner of over 5% of the Corporation's common stock, (2) each Named Executive Officer (as defined herein), (3) each director and nominee for director, and (4) all current executive officers and directors as a group. A person is considered to beneficially own any shares over which such person, directly or indirectly, exercises sole or shared voting or investment power, or over which such person has the right to acquire beneficial ownership at any time within 60 days through an exercise of stock options or warrants or otherwise. Unless otherwise indicated, voting and investment power relating to the shares shown in the table is exercised solely by the beneficial owner thereof. Except as otherwise disclosed in the table below, the address of each person listed below is c/o Rise Gold Corp., Suite 650 - 669 Howe Street, Vancouver, British Columbia V6C 0B4. Unless otherwise indicated in the footnotes, each of the beneficial owners listed has, to the Corporation's knowledge, sole voting and investment power with respect to the indicated securities. For the purposes of computing the percentage of outstanding shares of the Corporation's common stock held by each person named below, any shares that such person has the right to acquire within 60 days of October 18, 2024 is deemed to be outstanding, but is not deemed to be outstanding for the purpose of computing the percentage ownership of any other person. The inclusion herein of any shares listed as beneficially owned does not constitute an admission of beneficial ownership. Name and Address of Beneficial Owner Amount and Nature of Beneficial Percent of Class (1) Daniel Oliver Jr. (Director) 9,767,182 (2) 17.4% Myrmikan Gold Fund, LLC 713 Silvermine Road New Ca
Directors and Executive Officers
Item 7. Directors and Executive Officers. See the "Election of Directors" and "Corporate Governance" sections of the Information Circular. Joseph E. Mullin III , Chief Executive Officer and President Joseph E. Mullin III, age 51, was appointed as the Chief Executive Officer and President of the Corporation on September 23, 2023. Mr. Mullin is the Managing Member of Mount Arvon Partners LLC, and is currently the CEO, President and a Director of Pure Energy Minerals Ltd and an Independent Director of FireFox Gold Corp. and. Mr. Mullin has been involved in the mining in the U.S., Canada, Brazil, and Europe. Mr. Mullin holds a B.A. from Harvard University. - 4 - Vince W. Boon, Chief Financial Officer and Treasurer Vince W. Boon, age 43, was appointed as the Corporation's Chief Financial Officer on May 1, 2018 and Treasurer on May 16, 2018. Mr. Boon is a chartered accountant with over twelve years of professional accounting experience with private and public companies focusing on financial reporting, regulatory compliance, internal control and corporate finance activities. Mr. Boon's experience includes financial reporting for both Canadian and U.S. listed companies with international subsidiaries, strategic planning, tax planning, corporate governance, equity financings and due diligence for acquisitions. Mr. Boon is currently the CFO of Japan Gold Corp., a Director and CFO of Southern Arc Minerals Inc., and a Director and CFO of Lincoln Ventures Ltd. Mr. Boon holds a Bachelor of Science degree from the University of British Columbia and is a Chartered Professional Accountant, CPA, CA. Benjamin W. Mossman , Director, former Chief Executive Officer Benjamin W. Mossman, PEng, age 47, was appointed to the Corporation's Board of Directors on August 1, 2016. He served as the Chief Executive Officer of the Corporation from August 1, 2016 until September 23, 2023 and as the President of the Corporation from April 20, 2017 until September 23, 2023. Mr. Mossman is
Legal Proceedings
Legal Proceedings Except as disclosed below, none of the Corporation's directors, executive officers, promoters or control persons has been involved in any of the following events during the past 10 years: any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time; any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses); being subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities; being f