Rise Gold appoints Joseph Mullin as CEO under consulting agreement; $11k/month, 4% equity target

Rise Gold Corp.

Mount Arvon Partners LLC (Joseph Mullin) appointed CEO and President effective Sept 23, 2023; monthly fee $11,000.
Equity target: 4% of fully diluted shares; 1% vests immediately, 0.5% per quarter for 6 quarters.
Make-whole bonus up to $1M if full options cannot be issued on effective date.
Termination pay up to 36 months of fees, tiered by market cap thresholds ($5M-$30M).
Change of control triggers similar tiered compensation and full acceleration of unvested equity.

item 5.02

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Appointed

Joseph Mullin

Chief Executive Officer and President

RYES · Rise Gold Corp.

Effective: 2023-09-23
Filed: October 6, 2023, 7:59 PM ET

pursuant to which the Company has engaged the Consultant to provide consulting services to the Company, including providing the services of Mr. Mullin on a 50% time commitment basis as the Company's Chief Executive Officer and President

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph Mullin was appointed as Chief Executive Officer and President at Rise Gold Corp..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

pursuant to which the Company has engaged the Consultant to provide consulting services to the Company, including providing the services of Mr. Mullin on a 50% time commitment basis as the Company's Chief Executive Officer and President

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Source: SEC EDGAR

accession 0001062993-23-019142

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