Item 8.01 Other Events
On January 13, 2022, Rise Gold Corp. issued a news release announcing the
intention to raise up to US$2.2 million through the issuance of up to 5,500,000
units (each a "Unit") at a price of US$0.40 per Unit (~CDN$0.50 per Unit), with
each Unit comprising one share of common stock (a "Share") and one share
purchase warrant (the "Offering"). Each warrant (a "Warrant") entitles the
holder to acquire one Share at an exercise price of US$0.60 for a period of two
years from the date of issuance.
Rise Gold will use the proceeds from the Private Placement for the advancement
of its Idaho-Maryland Mine Project and for general working capital. All
securities issued pursuant to the Private Placement will be subject to statutory
hold periods in accordance with applicable United States and Canadian securities
laws.
The securities offered have not been registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state
securities laws and may not be offered or sold absent registration or compliance
with an applicable exemption from the registration requirements of the U.S.
Securities Act and applicable state securities laws.
Additional information is provided in the news release, a copy of which is
included as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
Exhibit
No. Description
99.1 Press release dated January 13, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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