Rise Gold Corp. announces that the Company has completed the 1 for 10 reverse split of the Company's authorized and issued shares of common stock with a par value of US$0.001 per share described in its November 25, 2019 news release. The reverse split is effective immediately. Effective at the commencement of trading today, December 16, 2019, the Company will begin trading on the Canadian Securities Exchange and the OTCQB [...]
Rise Gold Corp. announces that its Board of Directors has approved a 1-for-10 reverse split of the Company's authorized and issued shares of common stock with a par value of US$0.001 per share. It is proposed that the reverse split will be effective as of the market open on or about December 16, 2019 on the Canadian Securities Exchange and the OTCQB. No financings are contemplated in conjunction with the consolidation [...]
Rise Gold Corp. is pleased to announce that it has submitted an application for a Use Permit to Nevada County to allow the re-opening of the Idaho-Maryland Gold Mine . The Company is fully financed to complete the County permitting process. Background The IM Mine is a past producing gold mine which produced 2,414,000 oz of gold at an average mill head grade of 17 gpt gold from 1866-1955.1 The IM Mine was the second [...]
Rise Gold Corp. announces that it has closed the US$1 M debt financing with Eridanus Capital LLC previously announced in its August 20th, 2019 news release. Eridanus Capital LLC is an affiliate of Myrmikan Capital, LLC, which operates in the gold and silver junior mining sector. The Loan Principal of US$1,000,000 may be used for engineering, permitting, and working capital at the Idaho-Maryland Gold Project and is secured [...]
Rise Gold Corp. announces that Mr. Lawrence Lepard has been appointed as a director of the Company. Mr. Lepard runs Equity Management Associates, LLC, an investment partnership which has focused on investing in precious metals since 2008. Prior to EMA, Mr. Lepard spent 25 years as a professional investor and venture capitalist. From 1991 to 2004 he was one of two Managing Partners at Geocapital Partners in New Jersey [...]
Rise Gold Corp. announces that it has increased the size of the non-brokered private placement previously announced in its July 3, 2019 news release from C$1,750,000 to C$4,500,000 through the issuance of up to 64,285,714 units at a price of C$0.07 per Unit, with each Unit comprising one share of common stock and one-half of one share purchase warrant . Each whole warrant entitles the holder to acquire one Share at an [...]
Rise Gold Corp. announces that it has completed the first tranche of the non-brokered private placement announced in its July 3, 2019 news releases . In this tranche, Rise Gold raised a total of C$725,769 through the sale of 10,368,131 units at a price of C$0.07 per Unit where each Unit consists of one share of common stock and one-half of one share purchase warrant. Each whole warrant entitles the holder to acquire one [...]
Rise Gold Corp. announces that it intends to raise up to C$1.75 million through the issuance of up to 25,000,000 units at a price of C$0.07 per Unit, with each Unit comprising one share of common stock and one-half of one share purchase warrant . Each whole warrant entitles the holder to acquire one Share at an exercise price of C$0.10 for a period of three years from the date of issuance. The Offering will be conducted [...]
At the request of the Investment Industry Regulatory Organization of Canada, Rise Gold Corp. is pleased to provide a range of gold grades for the Initial Exploration Target previously disclosed and clarifications to our news release dated June 28th, 2019 for the Idaho-Maryland Gold Project. https://www.risegoldcorp.com/uploads/content/June28RiseGoldAnnouncesSignificantExplorationTargetattheIdahoMarylandGoldProject.pdf A [...]
Rise Gold Corp. is pleased to announce the successful completion of the initial surface exploration drilling program, the estimation of a significant Initial Exploration Target based on recent exploration drilling, and the Company's strategy to advance the Idaho-Maryland Gold Project towards the re-opening of the mine. The Company has completed 19 drill holes, totalling 20,584 meters, over the past 20 months in the [...]
Rise Gold is pleased to announce that all proposed resolutions were passed at the Corporation's annual general meeting of shareholders held on today's date. Benjamin Mossman, Thomas Vehrs, John Proust and Murray Flanigan were all elected as directors of the Corporation for the coming year and Davidson & Company LLP were re-appointed as auditors of the Corporation for the ensuing year. Newly elected, Mr. Flanigan is a [...]
New drill intercept in Idaho #1 Vein assays 46.3 gpt gold / 1.07 m within broader interval assaying 9.4 gpt gold over 5.94 m New intercept ~600 m downdip of Idaho 2400 level, the lowest level of exploration on Idaho #1 Vein, confirming exploration target for the Idaho #1 Vein with dimensions of 600 m x 600 m and remaining open-to-depth Recent drilling and re-interpretation of prior drill hole I-19-13 suggest an additional [...]