debt
confidence high
sentiment neutral
materiality 0.50
Rise Gold extends loan maturity to Sept 2025, reduces rate to 15%, issues 1.7M warrants
Rise Gold Corp.
- Maturity extended one year to Sept 4, 2025; interest rate reduced to 15% for 12 months.
- Issued 1.7M warrants at $0.115 exercise price, 4-year term, to lender Eridanus Capital.
- 340,000 warrants directed to director Daniel Oliver Jr.; related-party exemption cited.
- Original $1M secured loan from Eridanus Capital dated Sept 2019; loan remains outstanding.