Rise Gold appoints David Watkinson as CEO, grants 2.66M stock options

Rise Gold Corp.

Joseph Mullin resigned as President and CEO effective Nov 20, 2025 to pursue other opportunity; no disagreement cited.
David Watkinson appointed President, CEO and Director; has 40 years mining experience and previously led Emgold, which held the Idaho-Maryland mine.
Watkinson receives $11,000/month base, $1,500 vehicle and $1,000 medical allowances, plus quarterly RSU grants starting Jan 2026.
Company granted 2,660,000 fully vested stock options at $0.18/share to directors, officers, and consultants, exercisable until Nov 20, 2030.
Rise commenced review of historical data indicating significant tungsten at its Idaho-Maryland mine; tungsten is a U.S. critical mineral.

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