Mr. Joseph Mullin reports

RISE GOLD PROVIDES CORPORATE UPDATE

Rise Gold Corp. directors John Proust, Murray Flanigan and Benjamin Mossman have resigned from the corporation's board of directors with effect today. Mr. Mossman will continue to provide advisory services to the corporation.

The corporation thanks them for their service and wishes them well in their other endeavours.

About Rise Gold Corp.

Rise Gold is an exploration-stage mining company incorporated in Nevada. The company's principal asset is the historic past-producing Idaho-Maryland gold mine, located in Nevada county in California.