Rise Gold Corp (TSE:RISE) has released an update.
Rise Gold Corp. has expanded their financing efforts, increasing a non-brokered private placement from $750,000 to $1,000,000, offering over 10 million units at $0.095 each, which includes a share and a warrant. The proceeds are earmarked for general working capital, with insiders potentially participating under certain exemptions. This strategic financial move aims to strengthen the company’s capital structure without registering the securities under the U.S. Securities Act.
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