other material
confidence high
sentiment neutral
materiality 0.60
Rise Gold closes final tranche private placement, raises total US$967,957
Rise Gold Corp.
- Second tranche raised US$383,600 via 2,131,110 units at US$0.18/unit; each unit = 1 share + 1/2 warrant.
- Total financing: 5,377,541 units for US$967,957; warrants exercisable at US$0.26 until Dec 7, 2025.
- A director purchased 280,000 units for US$50,400; transaction exempt from MI 61-101 formal valuation.
- Proceeds to be used for general working capital.
- Securities unregistered under U.S. Securities Act; subject to hold period until April 8, 2024.