Rise Gold (TSE:RISE) has released an update.
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Rise Gold Corp. has successfully amended its debt agreement with Eridanus Capital LLC, extending the loan’s maturity by one year to 2025 and reducing the interest rate to 15%. The deal includes the issuance of 1.7 million share purchase warrants, which allow holders to buy shares at a set price, with some directed to a company director, adhering to regulatory exemptions.
For further insights into TSE:RISE stock, check out TipRanks’ Stock Analysis page.
