other material
confidence high
sentiment neutral
materiality 0.50
Rise Gold upsizes private placement to $750K, closes $545.9K first tranche
Rise Gold Corp.
- Private placement increased from $500K to $750K; first tranche raised $545,902 via 5,746,341 units at $0.095/unit.
- Each unit: one common share and half a warrant; full warrant exercisable at $0.158 for three years until April 9, 2027.
- Director and officer purchased 2,910,527 units ($276,500); related-party transaction exempt from formal valuation and minority approval under MI 61-101.
- Proceeds to be used for working capital, debt repayment, and settlement of related party fees.