Rise Gold (TSE:RISE) has released an update.
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Rise Gold Corp. has renegotiated the terms of its debt agreement with Eridanus Capital LLC, resulting in an extension of the loan’s maturity date to September 2025 and a lower interest rate for the next year. In exchange, Rise Gold will issue 1.7 million share purchase warrants to Eridanus, further entrenching the financial relationship between the two entities.
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