Mr. Joseph Mullin reports

RISE GOLD ANNOUNCES RESULTS FROM ANNUAL GENERAL MEETING

All proposed resolutions were passed at Rise Gold Corp.'s annual general meeting of shareholders held on today's date. Joseph E. Mullin III, Thomas I. Vehrs, Lawrence W. Lepard, Daniel Oliver Jr. and Clynton R. Nauman were all elected as directors of the company for the coming year, and Davidson & Company LLP was reappointed as auditor of the company for the ensuing year. Shareholders also approved: (i) the continuation of the company's stock option plan; (ii) approved, on a non-binding advisory basis, the compensation of the company's named executive officers as disclosed in the proxy statement pursuant to the executive compensation disclosure rules of the U.S. Securities and Exchange Commission; and (iii) approved, on a non-binding advisory basis, seeking stockholder advisory votes on executive compensation on an annual basis.

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.