---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-004127"
form_type: "8-K"
ticker: "RYES"
cik: "0001424864"
company_name: "Rise Gold Corp."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:46:43.984726+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rise Gold closes US$3M financing and renegotiates debt with Eridanus Capital

## Summary
- Raised US$3M via 7.5M Units at US$0.40/Unit; each Unit = 1 share + 1/2 warrant (exercise US$0.60, exp. Feb 17, 2025).
- Debt renegotiation: pays US$250k to reduce loan, issues 575k warrants at US$0.60, maturity extended to Sep 4, 2024, interest rate reduced to 15% for 12 months.
- Directors purchased 917,936 Units for US$367,174; Michael Gentile subscribed 462,000 Units, now owns ~5.3% of outstanding shares.
- Proceeds used for Idaho-Maryland Mine Project advancement, debt repayment, and working capital.

## SEC filing metadata
- accession: 0001062993-23-004127
- form_type: 8-K
- ticker: RYES
- cik: 0001424864
- company_name: Rise Gold Corp.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424864/000106299323004127/0001062993-23-004127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424864/000106299323004127/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-004127
- JSON: https://secwatch.observer/filing/0001062993-23-004127.json
- Plain text: https://secwatch.observer/filing/0001062993-23-004127.txt

## Key facts
- Material Agreements
  Rise Gold Corp. amended a credit facility with Eridanus Capital, LLC valued at US$250,000 to Eridanus to reduce the outstanding loan (effective 2023-02-21).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Eridanus Capital, LLC
  - Value: US$250,000 to Eridanus to reduce the outstanding loan
  - Effective: 2023-02-21
  source text: On February 21, 2023, the Corporation announced that it has finalized a renegotiated debt agreement with Eridanus Capital LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424864/000106299323004127/0001062993-23-004127-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.