VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 11, 2017) - Rise Gold Corp. (CSE:RISE)(CSE:RISE.CN)(OTC PINK:RYES) (the "Company") announces a non-brokered private placement of up to 8,700,000 units at a price of $0.23 per unit for gross proceeds of up to approximately $2,000,000 (the "Private Placement"). Each unit will consist of one share of the Company's common stock and one non-transferable share purchase warrant exercisable into one share of common stock at a price of $0.40 for a period of two years from the date of issuance. 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 Company expects to use the proceeds from the Private Placement for general working capital purposes. The Company may pay finder's fees to eligible persons in accordance with applicable securities laws and regulatory policies.
About Rise Gold Corp.
Rise is an exploration stage mining company. The Company's principal asset is the historic past producing Idaho-Maryland Gold Mine located in California, USA. Rise was incorporated in Nevada, USA in 2007 and maintains its head office in Vancouver, British Columbia, Canada.
