Rise Gold Corp.
Investment in Rise Gold Corp.
On April 19, 2018, Southern Arc announced that it has participated in the non-brokered private placement of Rise Gold Corp, purchasing 20,000,000 units of Rise Gold at a price of $0.10 per unit for the aggregate amount of $2,000,000. As a result of its purchase of units, the Company now owns approximately 17.23% of Rise Gold’s post-closing issued and outstanding shares of common stock.
Rise Gold Corp. (CSE: RISE, OTCQB: RYES) is an exploration-stage mining company. The Company’s principal asset is the historic past producing Idaho-Maryland gold mine located in Nevada County, California, USA. The Idaho-Maryland gold mine is one of the United States’ greatest past producing gold mines with total past production of 2,414,000 oz of gold from 1866-1955. Rise Gold is incorporated in Nevada, USA and maintains its head office in Vancouver, British Columbia, Canada.
Latest News Releases
July 3, 2018
Southern Arc Announces Additional Investment in Tethyan Resources plc read more
April 19, 2018
Southern Arc Completes $2 Million Investment in Rise Gold Corp. read more
September 5, 2017
Southern Arc Sells West Lombok Property read more