other material
confidence high
sentiment neutral
materiality 0.50
Rise Gold closes first tranche of private placement, raises US$584,358
Rise Gold Corp.
- Raised US$584,358 by issuing 3,246,431 units at US$0.18/unit, each unit = 1 share + 1/2 warrant.
- Warrants exercisable at US$0.26 per share until Nov 7, 2025.
- Directors purchased 2,113,332 units for US$380,400 (65% of the offering).
- Finder's fees: US$6,480 cash + 36,000 finder's warrants; proceeds for general working capital.
- Securities issued under exemptions from US and Canadian registration; hold period until Mar 8, 2024.