Rise Gold (TSE:RISE) has released an update.
Rise Gold Corp. has renegotiated the terms of its debt agreement with Eridanus Capital LLC, resulting in an extension of the loan’s maturity date to September 2025 and a lower interest rate for the next year. In exchange, Rise Gold will issue 1.7 million share purchase warrants to Eridanus, further entrenching the financial relationship between the two entities.
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