other material
confidence high
sentiment neutral
materiality 0.40
Rise Gold closes US$954K private placement; directors buy $237K
Rise Gold Corp.
- Total proceeds US$954,253 from 10,044,765 units at US$0.095/unit; each unit includes 1 share and half warrant.
- Warrants exercisable at US$0.158/share until April 29, 2027.
- Directors purchased 2,495,793 units for US$237,100 as part of the placement (related party transaction exempt under MI 61-101).
- Proceeds to be used for working capital, debt repayment, and settlement of related party fees.
- Finders' fees of US$1,140 paid and 12,000 finder warrants issued at same terms.