secwatch.observer — SEC 8-K summary
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Issuer:     Rise Gold Corp. (RYES)
CIK:        0001424864
Form:       8-K
Filed at:   2023-10-06T23:59:59+00:00
Accession:  0001062993-23-019142
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424864/000106299323019142/0001062993-23-019142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424864/000106299323019142/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-019142

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