Rise Gold Ord Shs C.RISE

Alternate Symbol(s): RYES

Metals & Mining Industrial Metals & Minerals

Rise Gold Corp. is a Canada-based exploration-stage mining company. The Company's principal asset is the past-producing Idaho-Maryland Gold Mine property (I-M Mine Property) located in Nevada County, California, United States. The I-M Mine Property is a past producing high-grade property near Grass Valley, California, United States, which the Company owns outright through its wholly owned subsidiary, Rise Grass Valley, Inc. The I-M Mine Property is a private land, which covers approximately 175 acres of surface land and approximately 2600 acres of private mineral rights. The I-M Mine Property surface rights include three parts of fee simple land, such as Idaho land representing approximately 56 acres, Brunswick land representing approximately 37 acres, and the Mill Site property representing approximately 82 acres. The I-M Mine Property consists of parcels of surface land located in portions.

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Rise Gold Ord Shs

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Post by Irishmist1965on Sep 15, 2021 7:18am

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Post# 33860382

loan due date Sept 2021 vs Sept 2023

attached says 1 million loan matures in 2 years from sept 2019:

https://m.marketscreener.com/quote/stock/RISE-GOLD-CORP-120791766/news/Rise-Gold-Corp-Closes-the-1-Million-Debt-Financing-with-Eridanus-Capital-34160510/

Yet notes to financial statements say it is a loan that matures in 4 years from sept 2019.

what is correct. also the collateral is the actual mine which is rise gold's only asset. does this mean if the loan is on default rise will lose its only asset for a 1 million dollar loan?

would appreciate clarification. thank you

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