Mr. Joseph Mullin reports

RISE GOLD ANNOUNCES US$3,000,000 FINANCING

Rise Gold Corp. intends to raise up to $3-million (U.S.) through the issuance of up to 36,585,365 units at a price of 8.2 U.S. cents per unit (approximately 11 Canadian cents per unit), with each unit comprising one share of common stock and one-half of one share purchase warrant. Each whole warrant entitles the holder to acquire one share at an exercise price of 15 U.S. cents (approximately 21 Canadian cents) for a period of three years from the date of issuance.

Rise Gold will use the proceeds from the private placement for general working capital. All securities issued pursuant to the offering will be subject to statutory hold periods in accordance with applicable U.S. and Canadian securities laws.

The company anticipates a closing in early May, 2025.

About Rise Gold Corp.

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

We seek Safe Harbor.