Past year: ▼ 54%(10.0c – 43.4c USD)
Each one in plain English, with the numbers worked through for a shareholder.
21 June 2022capital raising announcement● Neutral
Rise Gold extended by two years the expiry of 6,308,310 warrants issued in its 2019-2020 financings (priced at CAD/USD $1.00) after none were exercised, and added an accelerated-expiry provision - housekeeping that also signals the stock has stayed below the warrants' strike price.
22 Feb 2022drilling result▲ GoodMajor
Metallurgical testwork on Idaho-Maryland ore achieved 98.7% gold recovery into concentrate averaging 117 gpt gold - a strong result that de-risks the eventual processing plan for the project, after several years without a story-bearing update.
31 Jan 2022capital raising announcement▲ GoodMajor
Rise Gold closed its January placement oversubscribed at US$2,407,000 (6,017,500 units at US$0.40), above the US$2.2 million target.
What it means for a shareholder
6.0m new shares at US$0.400 to raise about US$2.4m. That's 18% dilution: every existing holder's slice gets 18% smaller. If you held US$1,000 of shares (2,500 at the issue price), your slice goes from 0.00934% to 0.00762% of the company. To keep it you'd need 562 more shares - about US$225 at the issue price.
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13 Jan 2022capital raising announcement▲ GoodMajor
Rise Gold announced a private placement of up to US$2.2 million (5,500,000 units at US$0.40) for Idaho-Maryland advancement and working capital.
What it means for a shareholder
5.5m new shares at US$0.400 to raise about US$2.2m. That's 17% dilution: every existing holder's slice gets 17% smaller. If you held US$1,000 of shares (2,500 at the issue price), your slice goes from 0.00934% to 0.00775% of the company. To keep it you'd need 514 more shares - about US$206 at the issue price.
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23 Sept 2020capital raising announcement▲ Good
CEO Benjamin Mossman surrendered 1,097,298 old stock options (averaging C$1.25) to free up authorized capital for the recent US$3.3 million financing, and was granted 1,338,500 new options at US$0.90 - an insider concession that also shows how far the stock had climbed since 2018's C$0.10-0.15 raises.
23 Sept 2020capital raising announcement▲ Good
Rise Gold closed the US$250,000 top-up placement (333,333 units at US$0.75) announced in August, following shareholder approval of the authorized-share increase.
What it means for a shareholder
333,333 new shares at US$0.750 to raise about US$250,000. That's 1.2% dilution: every existing holder's slice gets 1.2% smaller. If you held US$1,000 of shares (1,333 at the issue price), your slice goes from 0.00504% to 0.00498% of the company. To keep it you'd need 17 more shares - about US$13 at the issue price.
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11 Aug 2020capital raising announcement● Neutral
Rise Gold announced a US$250,000 top-up to its recent placement on the same US$0.75 terms, contingent on shareholders approving a tenfold increase in authorized shares (from 40 million to 400 million) - a structural change needed to keep issuing stock at this pace.
23 July 2020capital raising announcement▲ GoodMajor
Rise Gold announced a private placement of up to US$3.3 million (4,400,000 units at US$0.75) - roughly ten times the unit price of its 2018 financings, reflecting a much stronger stock as permitting progressed and gold prices rallied.
What it means for a shareholder
4.4m new shares at US$0.750 to raise about US$3.3m. That's 17% dilution: every existing holder's slice gets 17% smaller. If you held US$1,000 of shares (1,333 at the issue price), your slice goes from 0.00605% to 0.00504% of the company. To keep it you'd need 266 more shares - about US$200 at the issue price.
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18 Mar 2020capital raising announcement● NeutralMajor
Rise Gold gave its first update on the Use Permit application submitted to Nevada County in November 2019 to reopen the Idaho-Maryland Mine: technical reports for the Draft Environmental Impact Report are largely complete, with land-use approval expected 12-18 months out - the opening chapter of what would become a long, unresolved permitting struggle with the county.
4 Sept 2019capital raising announcement▲ GoodMajor
Rise Gold borrowed US$1 million in secured debt from Eridanus Capital LLC (an affiliate of gold/silver-focused Myrmikan Capital) for engineering, permitting and working capital at Idaho-Maryland - a two-year loan at 10% interest (extendable at higher rates), with 11,500,000 warrants issued to the lender - its first significant non-dilutive-style debt financing for the project.
21 Aug 2019capital raising announcement▲ Good
Rise Gold closed the second tranche of the same July offering, continued incremental financing.
11 July 2019capital raising announcement▲ Good
Rise Gold closed the first tranche of the July private placement, continued incremental financing.
3 July 2019capital raising announcement● Neutral
Rise Gold announced a private placement of up to 25,000,000 units at C$0.07 (up to roughly C$1.75 million) open to accredited investors and to friends/family/associates of its own directors and officers - a lower unit price than its 2018 raises, reflecting a weaker stock.
What it means for a shareholder
25.0m new shares at C$0.070 to raise about C$1.8m. That's 13% dilution: every existing holder's slice gets 13% smaller. If you held C$1,000 of shares (14,286 at the issue price), your slice goes from 0.0087% to 0.00755% of the company. To keep it you'd need 2,174 more shares - about C$152 at the issue price.
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21 May 2019drilling result▲ Good
New Idaho #1 Vein drilling confirmed mineralization 600m below the lowest historic mine level, extending the exploration target to 600m x 600m, while re-interpretation of an earlier hole opened an even larger target (1,000m x 1,400m) on the separate Idaho #2 Vein.
19 Mar 2019drilling result▲ GoodMajor
Drilling into the Idaho Vein hit exceptionally high grades - 90.4 gpt gold over 4.27m, including a 458 gpt (13.4 oz/ton) sub-interval - among the best results yet at Idaho-Maryland, alongside further intercepts in the 52 Vein and a shallow near-surface zone.
7 Mar 2019capital raising announcement▲ Good
Rise Gold announced the closing of the private placement Yamana Gold had committed to in February, continued Idaho-Maryland financing.
19 Feb 2019capital raising announcement▲ GoodMajor
Yamana Gold advanced a further C$1.0 million to Rise Gold via a six-month secured convertible debenture (12% interest) ahead of a new private placement targeting a minimum C$1.8 million - Yamana deepening its strategic position in the Idaho-Maryland project a few months after its initial investment.
13 Dec 2018drilling result▲ GoodMajor
The first drill hole into Idaho-Maryland's '52 Vein' area returned a bonanza-grade 149.3 gpt gold over 6.8m, establishing it as a major new exploration target as drilling on the historic Idaho #1 Vein got underway.
3 Dec 2018capital raising announcement● Neutral
Rise Gold (under CEO Benjamin Mossman) granted 2,900,000 stock options at CAD$0.10 to directors and an employee, routine equity compensation.
6 Nov 2018capital raising announcement▲ GoodMajor
Rise Gold closed the final C$750,000 tranche of its October offering, bought entirely by Southern Arc Minerals Inc. - completing the C$2.5 million raise split between Yamana Gold (C$1.75M) and Southern Arc (C$750K), two strategic mining investors now on the register.
19 Oct 2018capital raising announcement▲ GoodMajor
Yamana Gold Inc., a major Canadian gold producer, made a strategic C$1.75 million investment in Rise Gold through its subsidiary Meridian Jerritt Canyon Corp - buying 17.5 million units, gaining the right to nominate a board member and two advisory-committee members, participation rights to maintain up to 19.9% ownership, and a six-month right of first offer/refusal on any sale of an interest in the Idaho-Maryland Gold Project. The Company separately announced intent to raise a total of C$2.5 million in the same offering - the first major-producer validation of the project.
What it means for a shareholder
17.5m new shares at about C$0.1429 to raise about C$2.5m. That's 13% dilution: every existing holder's slice gets 13% smaller. If you held C$1,000 of shares (7,000 at the issue price), your slice goes from 0.00603% to 0.00524% of the company. To keep it you'd need 1,055 more shares - about C$151 at the issue price.
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18 Sept 2018capital raising announcement▲ Good
Rise Gold closed two tranches of its September offering (CDN$230,500 then CDN$160,250), bringing that raise to roughly CDN$390,750 so far.
4 Sept 2018capital raising announcement▲ Good
Rise Gold announced a private placement of up to 18,750,000 units at CDN$0.08 (up to roughly CDN$1.5 million), continued Idaho-Maryland financing.
What it means for a shareholder
18.8m new shares at C$0.080 to raise about C$1.5m. That's 14% dilution: every existing holder's slice gets 14% smaller. If you held C$1,000 of shares (12,500 at the issue price), your slice goes from 0.0108% to 0.00927% of the company. To keep it you'd need 2,019 more shares - about C$162 at the issue price.
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7 Aug 2018drilling result▲ Good
Additional Idaho-Maryland drill assays continued to confirm gold mineralization across multiple veins as the exploration program progressed.
23 July 2018drilling result▲ Good
Reported the deepest gold intercept yet in Idaho-Maryland's history - 22.4 gpt over 5.2m in the Brunswick vein system - along with a wide, lower-grade intercept, continuing to expand the deposit downward.
28 June 2018drilling result▲ Good
Follow-up Idaho-Maryland drilling confirmed gold mineralization continuing below historic mine workings, with new intercepts up to 8.0 gpt gold and visible gold observed in core across six tested veins.
20 Apr 2018capital raising announcement▲ GoodMajor
Rise Gold closed essentially the full amount of the April offering (35,161,000 units at CAD$0.10, CAD$3,516,100 gross) within days of announcing it - a strong, fully-subscribed raise for Idaho-Maryland development.
What it means for a shareholder
35.2m new shares at C$0.100 to raise about C$3.5m. That's 30% dilution: every existing holder's slice gets 30% smaller. If you held C$1,000 of shares (10,000 at the issue price), your slice goes from 0.0124% to 0.00861% of the company. To keep it you'd need 4,344 more shares - about C$434 at the issue price.
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11 Apr 2018capital raising announcement▲ GoodMajor
Rise Gold announced a non-brokered private placement of up to 35,000,000 units at CDN$0.10 (up to roughly CDN$3.5 million) for continued advancement of the Idaho-Maryland Gold Project.
What it means for a shareholder
35.0m new shares at C$0.100 to raise about C$3.5m. That's 30% dilution: every existing holder's slice gets 30% smaller. If you held C$1,000 of shares (10,000 at the issue price), your slice goes from 0.0124% to 0.00862% of the company. To keep it you'd need 4,324 more shares - about C$432 at the issue price.
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4 Jan 2018drilling result▲ GoodMajor
The first drill hole of Rise Gold's Idaho-Maryland exploration program hit high-grade gold - 63 gpt over 2.7m in a previously minor vein (Brunswick #1) - suggesting historic sampling had understated the mine's real gold content and opening a large new exploration target below historic workings.
29 Dec 2017capital raising announcement▲ Good
Rise Gold closed a further tranche of the same August offering (6,417,000 units at CAD$0.15, CAD$962,550), bringing that raise to roughly CAD$2 million so far.
What it means for a shareholder
6.4m new shares at C$0.150 to raise about C$962,550. That's 8.0% dilution: every existing holder's slice gets 8.0% smaller. If you held C$1,000 of shares (6,667 at the issue price), your slice goes from 0.00898% to 0.00827% of the company. To keep it you'd need 577 more shares - about C$87 at the issue price.
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