secwatch.observer — SEC 8-K summary
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Issuer:     Rise Gold Corp. (RYES)
CIK:        0001424864
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001062993-24-002118
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rise Gold enters credit facility with up to $1M advances, 12% interest, warrants
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- Monthly advances up to $1M, 12% compounding interest, due in 4 years; no prepayment penalty.
- Issued 1,000,000 bonus warrants at $0.16/share for 4 years to lender.
- Additional 200,000 warrants per $100k advanced at market price, 4-year term.
- Lender is an arm's length party that also provides services to the company.
- Securities are unregistered and subject to statutory hold periods under U.S. and Canadian law.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424864/000106299324002118/0001062993-24-002118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424864/000106299324002118/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-002118

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