Mr. Joseph Mullin reports

RISE GOLD ANNOUNCES CHANGE OF OFFICERS

Rise Gold Corp. has appointed Mihai Draguleasa, CPA, as the company's chief financial officer, in place of Vince Boon, and Catherine Cox as the company's corporate secretary, in place of Eileen Au. The company wishes to thank Mr. Boon and Ms. Au for their many contributions to the company.

Mr. Draguleasa is a chartered professional accountant (CPA) with over 15 years of accounting experience, including that in the mining and resource sector. His career developed with Deloitte LLP and Ernst & Young in Vancouver, B.C. The mining related financial experience includes financial reporting, corporate risk management, corporate strategy and planning, and investment evaluation.

Ms. Cox has over 20 years of experience as corporate secretary to a variety of public and private companies in the resource sector. She was the former vice-president and corporate secretary for Nevada Copper Corp., and has an extensive securities and corporate paralegal background working with both Canadian and U.S. law firms.

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.