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Rise Gold Corp. (CSE: RISE) (OTCQB: RYES) (the “Firm” or “Rise Gold”) is happy to report that Mr. David Watkinson has been appointed as President and CEO of Rise Gold and President of the Firm’s wholly owned working subsidiary, Rise Grass Valley Inc. Mr. Watkinson has additionally been appointed as a Director of the Firm. As well as, Rise Gold publicizes the outcomes of its Annual Basic Assembly held on November 19, 2025. All resolutions had been handed, together with the re-appointment of Davidson & Firm LLP, Chartered Skilled Accountants, as auditor till the subsequent annual assembly, and approval of the Company’s long-term incentive plan. Daniel Oliver was appointed Chairman of the Board.
Mr. Watkinson brings forty years {of professional} engineering expertise in underground and open pit mine growth and has held senior positions with Placer Dome Inc., Kinross Gold Company, Thyssen Mining Building of Canada, and Vulcan Supplies Firm. He was additionally the President and CEO of Emgold Mining Company, which managed Rise’s wholly-owned Idaho-Maryland mine (the “I-M Mine”) for about 25 years previous Rise’s buy of the property.
Dan Oliver, Chairman of the Board of Rise Gold, commented: “Mr. Watkinson brings many years of technical information in regards to the I-M Mine and has stored an workplace in Nevada County (the “County”) for about 20 years, making him recognized and revered in the local people. The board of administrators is assured that Watkinson’s management will assist unlock the worth of the I-M Mine.”
The I-M Mine operated nearly-continuously from 1862 to 1957, producing an estimated 2.4 million ounces of gold at a median mill head grade of 0.50 ounces per ton (17.1 grams per tonne). From December 1955 by means of 1957, the mine produced tungsten with monetary assist from the Division of Protection. In 2024, the Firm filed a writ of mandamus towards Nevada County after County’s supervisors failed to acknowledge Rise’s constitutionally-protected vested proper to function the I-M Mine. The Firm expects a verdict on the writ within the first quarter of 2026.
The Firm additional experiences that Mr. Joe Mullin has resigned from the Board of Administrators and as President and Chief Govt Officer, efficient November 20, 2025, so as to pursue a brand new alternative. Oliver commented: “Mr. Mullin joined the Firm at a very difficult time, because the County was denying approval of the County’s personal 40,000-page Environmental Influence Report that reported solely three important impacts from the I-M Mining challenge: non permanent development noise, site visitors at a single interplay already working above capability, and visible adjustments on the challenge website. He leaves the Firm with a full treasury and a authorized staff dedicated to resisting the County’s makes an attempt to transform Rise’s property for public use with out compensation. The board of administrators extends their appreciation to Joe for his efforts and needs him success in his future endeavours.”
The Firm additionally publicizes that it has granted a complete of two,660,000 inventory choices to administrators, officers, and consultants of the Firm pursuant to the phrases of the Firm’s Lengthy Time period Incentive Plan dated October 17, 2025. The inventory choices are exercisable at a worth of US$0.18 per share till November 20, 2030.
About Rise Gold Corp.
Rise Gold is an exploration-stage mining firm integrated in Nevada, USA. The Firm’s principal asset is the historic past-producing Idaho-Maryland Gold Mine positioned in Nevada County, California, USA.
On behalf of the Board of Administrators:
Daniel Oliver Jr.
Chairman
Rise Gold Corp.
The CSE has not reviewed, permitted or disapproved the contents of this information launch.
Ahead-Trying Statements
This press launch comprises sure forward-looking statements inside the that means of relevant securities legal guidelines. Ahead-looking statements are incessantly characterised by phrases akin to “plan”, “anticipate”, “challenge”, “intend”, “consider”, “anticipate”, “estimate” and different related phrases or statements that sure occasions or situations “could” or “will” happen.
Though the Firm believes that the expectations mirrored within the forward-looking statements are affordable, there may be no assurance that such expectations will show to be appropriate. Such forward-looking statements are topic to dangers, uncertainties and assumptions associated to sure elements together with, with out limitation, acquiring all obligatory approvals, assembly expenditure and financing necessities, compliance with environmental laws, title issues, working hazards, steel costs, political and financial elements, aggressive elements, common financial situations, relationships with distributors and strategic companions, governmental regulation and supervision, seasonality, technological change, trade practices, and one-time occasions that will trigger precise outcomes, efficiency or developments to vary materially from these contained within the forward-looking statements. Accordingly, readers mustn’t place undue reliance on forward-looking statements and knowledge contained on this launch. Rise Gold undertakes no obligation to replace forward-looking statements or data besides as required by regulation.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/275408
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