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Financings

Rise Gold Announces Financing up to US$7,000,000

By The Northwire Desk — AI Analysis Oct 17, 2025 · 10:52 RISE · 0.33 Rise Gold Corp.
RISE · Price

Executive Summary

  • Rise Gold Corp. announced a private placement to raise up to US $7,000,000 by issuing up to 28,000,000 units at US $0.25 per unit.
  • Each unit consists of one common share and one warrant allowing purchase of an additional share at US $0.45 for three years.
  • Proceeds are earmarked for general working capital, legal expenses, and technical work, with closing expected in late October 2025.

Key Details

  • Units Offered: Up to 28,000,000 units.
  • Price per Unit: US $0.25 (approximately CDN $0.35).
  • Composition of Each Unit:
  • 1 share of common stock.
  • 1 share purchase warrant (exercise price US $0.45, ~CDN $0.63) exercisable for three years from issuance.
  • Total Gross Proceeds Target: Up to US $7,000,000.
  • Use of Proceeds: General working capital, legal expenses, and technical work related to exploration activities.
  • Closing Timeline: Anticipated late October 2025.
  • Regulatory Status: Securities not registered under the U.S. Securities Act; offering relies on applicable exemptions.

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →

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