Rise Gold (TSE:RISE) has released an update.
Rise Gold Corp. has successfully amended its debt agreement with Eridanus Capital LLC, extending the loan’s maturity by one year to 2025 and reducing the interest rate to 15%. The deal includes the issuance of 1.7 million share purchase warrants, which allow holders to buy shares at a set price, with some directed to a company director, adhering to regulatory exemptions.
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