SEC Form 4 · accession 0001567619-18-005226
Rise Gold Corp. · RYES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
SOUTHERN ARC MINERALS INC
10% Owner
Period of report
Nov 5, 2018
Accepted (ET)
Nov 7, 2018 · 1:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001424864
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Nov 5, 2018 | P | 7,500,000 | $0.08 | A | 27,500,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF2,F1 | $0.10 | Nov 5, 2018 | P | 3,750,000 | A | Nov 5, 2018 | Nov 5, 2020 | Common Stock | 3,750,000 | 3,750,000 | D |
Explanation of responses
- F1The Canadian purchase price of $0.10 per share was converted into U.S. dollars using an exchange rate of C$1.3096 = US$1.00.
- F2The Canadian exercise price of $0.13 per share was converted into U.S. dollars using an exchange rate of C$1.3096 = US$1.00.
- F3The reporting person purchased units of common shares and common share purchase warrants in connection with the Issuer's private placement offering that closed on November 5, 2018. Each unit offered at C$0.10 per unit consisted of one common share plus one-half of one common share purchase warrant.