secwatch.observer — SEC 8-K summary
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Issuer:     Rise Gold Corp. (RYES)
CIK:        0001424864
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0001062993-24-017346
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rise Gold Corp. secures US$500k secured loan at 15% with 2.88M warrants from related party
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- Loan principal US$500,000, 4-year term, 15% annual interest, secured against company assets.
- Issued 2,882,514 warrants at exercise price US$0.1735 per share, 4-year term.
- Lender Myrmikan Capital; director Daniel Oliver Jr. is managing member and abstained from voting.
- Loan proceeds used for general working capital; exempt from minority approval under MI 61-101.
- Transaction is a related-party financing with warrants as additional consideration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424864/000106299324017346/0001062993-24-017346-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424864/000106299324017346/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-017346

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