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Rise Gold Corp.
Orphan - no UPLOAD in window
1 company response(s)
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Rise Gold Corp.
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Rise Gold Corp.
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5 company response(s)
High - file number match
SEC wrote to company
2017-02-28
Rise Gold Corp.
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Company responded
2017-03-16
Rise Gold Corp.
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Company responded
2025-02-25
Rise Gold Corp.
References: February 4, 2025
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Company responded
2025-03-04
Rise Gold Corp.
References: February 4, 2025
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Rise Gold Corp.
Awaiting Response
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Rise Gold Corp.
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SEC wrote to company
2025-02-04
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
High - file number match
SEC wrote to company
2024-07-12
Rise Gold Corp.
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2024-07-12
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
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SEC wrote to company
2023-05-12
Rise Gold Corp.
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2023-05-12
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
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SEC wrote to company
2022-04-06
Rise Gold Corp.
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2022-04-06
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
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SEC wrote to company
2021-01-12
Rise Gold Corp.
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2021-01-12
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
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SEC wrote to company
2019-11-07
Rise Gold Corp.
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2019-11-07
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
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SEC wrote to company
2019-04-24
Rise Gold Corp.
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2019-04-24
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
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Company responded
2019-02-06
Rise Gold Corp.
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SEC wrote to company
2019-02-08
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
High - file number match
Company responded
2018-06-11
Rise Gold Corp.
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SEC wrote to company
2018-06-12
Rise Gold Corp.
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Rise Gold Corp.
Response Received
1 company response(s)
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SEC wrote to company
2017-09-18
Rise Gold Corp.
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2017-12-08
Rise Gold Corp.
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Awaiting Response
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High
SEC wrote to company
2017-03-22
Rise Gold Corp.
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Summary
| Date | Type | Company | Location | File No | Link |
|---|---|---|---|---|---|
| 2025-08-06 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-04-29 | SEC Comment Letter | Rise Gold Corp. | NV | 000-53848 | Read Filing View |
| 2025-04-11 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-03-24 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-03-10 | SEC Comment Letter | Rise Gold Corp. | NV | 000-53848 | Read Filing View |
| 2025-03-04 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-02-25 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-02-04 | SEC Comment Letter | Rise Gold Corp. | NV | 000-53848 | Read Filing View |
| 2024-07-12 | SEC Comment Letter | Rise Gold Corp. | NV | 333-280712 | Read Filing View |
| 2024-07-12 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2023-05-12 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2023-05-12 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2022-04-06 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2022-04-06 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2021-01-12 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2021-01-12 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-11-07 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-11-07 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-04-24 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-04-24 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-02-08 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-02-06 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2018-06-12 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2018-06-11 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-12-08 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-09-18 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-03-22 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-03-16 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-02-28 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| Date | Type | Company | Location | File No | Link |
|---|---|---|---|---|---|
| 2025-04-29 | SEC Comment Letter | Rise Gold Corp. | NV | 000-53848 | Read Filing View |
| 2025-03-10 | SEC Comment Letter | Rise Gold Corp. | NV | 000-53848 | Read Filing View |
| 2025-02-04 | SEC Comment Letter | Rise Gold Corp. | NV | 000-53848 | Read Filing View |
| 2024-07-12 | SEC Comment Letter | Rise Gold Corp. | NV | 333-280712 | Read Filing View |
| 2023-05-12 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2022-04-06 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2021-01-12 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-11-07 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-04-24 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-02-08 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2018-06-12 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-09-18 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-03-22 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-02-28 | SEC Comment Letter | Rise Gold Corp. | NV | N/A | Read Filing View |
| Date | Type | Company | Location | File No | Link |
|---|---|---|---|---|---|
| 2025-08-06 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-04-11 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-03-24 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-03-04 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2025-02-25 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2024-07-12 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2023-05-12 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2022-04-06 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2021-01-12 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-11-07 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-04-24 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2019-02-06 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2018-06-11 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-12-08 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
| 2017-03-16 | Company Response | Rise Gold Corp. | NV | N/A | Read Filing View |
2025-08-06 - CORRESP - Rise Gold Corp.
CORRESP 1 filename1.htm Rise Gold Corp.: CORRESP - Filed by newsfilecorp.com August 6, 2025 VIA EDGAR Securities and Exchange Commission Division of Corporation Finance 100 F Street, NE Washington, D.C. 20549 Re: Rise Gold Corp. - Request for Acceleration of Effective Date Registration Statement on Form S-1 File No. 333-288654 Acceleration Request Requested Date: August 8, 2025 Requested Time: 10:30 a.m. Eastern Time Ladies and Gentlemen: Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 of Rise Gold Corp., File No. 333-288654, be declared effective at 10:30 a.m. Eastern Time on Friday, August 8, 2025, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of Securities Law USA, PLLC of such effectiveness by telephone at (661) 713-6843. Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you. Sincerely, Rise Gold Corp. By: /s/ Joseph Eugene Mullin III Joseph Eugene Mullin III Chief Executive Officer
2025-04-29 - UPLOAD - Rise Gold Corp. File: 000-53848
<DOCUMENT> <TYPE>TEXT-EXTRACT <SEQUENCE>2 <FILENAME>filename2.txt <TEXT> April 29, 2025 Joseph Mullin Chief Executive Officer Rise Gold Corp. 650 - 669 Howe Street Vancouver, British Columbia, Canada V6C 0B4 Re: Rise Gold Corp. Form 10-K for the Fiscal Year ended July 31, 2024 Filed October 29, 2024 File No. 000-53848 Dear Joseph Mullin: We have completed our review of your filing. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Sincerely, Division of Corporation Finance Office of Energy & Transportation </TEXT> </DOCUMENT>
2025-04-11 - CORRESP - Rise Gold Corp.
CORRESP 1 filename1.htm Rise Gold Corp.: CORRESP - Filed by newsfilecorp.com Subject: Rise Gold Corp. Form 10-K for the Fiscal Year ended July 31, 2024 Filed October 29, 2024 File No. 000-53848 April 11, 2025 To: Division of Corporation Finance, U.S. Securities & Exchange Commission Dear Mr. Robert Babula, Please see below and enclosed our responses to your inquiries raised in your letter dated March 10, 2025. 1) Impairment test of $4.1M capitalized costs of the Idaho-Maryland Gold Mine Property (the "I-M Mine Property") As per your request, we are including below an impairment test of the 4.1M cost of the I-M Property with the information available to us up to October 29, 2024, the date when the 10-K report for the year ended July 31, 2024 was filed. Impairment test: ASC 360-10 provides that an asset should be tested for recoverability by comparing the net carrying value of the asset to the undiscounted net cash flows to be generated from the use and disposition of that asset. If the assets are recoverable (i.e., the undiscounted net cash flows exceed the net carrying value of the asset), an impairment should not be recognized. If the assets are not recoverable (i.e., the net carrying value of the asset exceeds the undiscounted net cash flows) an impairment loss should be recognized based on the amount by which the carrying value of the asset exceeds its fair value. The net carrying cost of the I-M Property at July 31, 2024 was $4,149,053. The Company considers that this amount can be recovered based on information known at October 29, 2024. On October 1, 2024, the Company entered into two agreements with a third party to sale to the third party two parcels of land at the Brunswick site. The two parcels of land are part of the $4.1M I-M Mine property cost and the agreed total sale price is $4,300,000, with the first sale for $1.8M to close in November 2024 and the second sale for $2.5M to close in May 2025. Brokerage commission is 4% of the sale price for a total of $172,000, resulting in a net cash inflow of $4,128,000. The two parcels of land contracted for sale comprise only part of the total owned surface rights (66 acres of total 175 acres owned by the Company). The Centennial Industrial Site comprises of 6 legal parcels totaling approximately 56 gross acres, with a net developable acreage of approximately 37 acres, all zoned M-1 (Light Industrial). Land at the Centennial Industrial Site can be sold if the Company deems it necessary in the future. Net carrying amount as of July 31, 2024 $4,149,053 Recoverable from contract to sale 66 acres of land entered into October 1, 2024 ($4,128,000) Difference $21,053 Recoverable from possible future sale of additional Centennial land (37 developable acres at approximately $60,000 per acre) ($2,220,000); improvements/remediation may be needed; however the net recoverable amount will exceed significantly the $21,053 needed The Company considers the above analysis to be evidence that the carrying cost of $4.1M is recoverable as of October 29, 2024, and therefore no impairment should be recognized. Our findings above have been discussed with our auditor Davidson & Company LLP (Michael MacLaren - Partner, 604.687.0947 (ext 412) mmaclaren@davidson-co.com ) and the conclusion is that audit opinion and financial statements for the year ended July 31, 2024 are not impacted. Going forward, the Company will update its note disclosure of the mineral property section in the 10-Q and 8-K reports to clearly indicate whether an impairment test is performed and what are the results of such test. 2) Additional support showing a reasonable basis for disclosures The Company is providing information in response to this comment on a supplemental basis pursuant to Rule 12b-4 under the Securities Exchange Act of 1934. Should you require any further information, please do not hesitate to contact us.
2025-03-24 - CORRESP - Rise Gold Corp.
CORRESP 1 filename1.htm Rise Gold Corp.: CORRESP - Filed by newsfilecorp.com Subject: Request for an extension - File No. 000-53848 Vancouver, BC, Canada, March 24, 2025 To: Division of Corporation Finance Office of Energy & Transportation U.S. Securities & Exchange Commission Dear Mr. Robert Babula, Regarding File No. 000-53848, and your letter dated March 10, 2025, we would like to request an extension of ten business days to provide the information and documents you requested in your letter. Should you require any further information, please do not hesitate to contact us at the information below. Kind regards, Mihai Draguleasa Chief Financial Officer E: jmullin@risegoldcorp.com T: +1-604-880-3313
2025-03-10 - UPLOAD - Rise Gold Corp. File: 000-53848
<DOCUMENT> <TYPE>TEXT-EXTRACT <SEQUENCE>2 <FILENAME>filename2.txt <TEXT> March 10, 2025 Joseph Mullin Chief Executive Officer Rise Gold Corp. 650 - 669 Howe Street Vancouver, British Columbia, Canada V6C 0B4 Re: Rise Gold Corp. Form 10-K for the Fiscal Year ended July 31, 2024 Filed October 29, 2024 Response dated March 3, 2025 File No. 000-53848 Dear Joseph Mullin: We have reviewed your March 3, 2025 response to our comment letter and have the following comments. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our February 4, 2025 letter. Form 10-K for the Fiscal Year ended July 31, 2024 Financial Statements Note 6 - Mineral Property Interests, page 65 1. We understand from your response to prior comment one that you did not test the capitalized mine costs for recoverability even though you have a history of losses and negative operating cash flows, because you did not consider this to be unusual for a junior mining exploration company that is evaluating mining projects. However, these are circumstances under which you must periodically test the capitalized mine costs for recoverability, notwithstanding your status as a junior mining exploration company, given the example in FASB ASC 360-10-35-21(e). The denial of your mining use permit application by the immediate governing authority is March 10, 2025 Page 2 also an event that would require you to test the capitalized mine costs for recoverability, given the example in FASB ASC 360-10-35-21(c). As each of these matters would independently require a test for impairment, please conduct the required test and discuss your findings with the auditor, including any implications for the financial statements, related disclosures, and the audit opinion, which presently includes a reference to this topic. Provide us with the impairment test that you perform as of July 31, 2024, based on information that was available prior to filing your annual report on October 29, 2024. We reissue prior comment one. 2. We note your response to prior comment five, concerning your potential taking claim, stating the company "...has not claimed and does not claim that the mine is currently worth $400 million," although in your November 27, 2024 and January 16, 2025 press releases, you state "The remedy for an unconstitutional taking is the payment of just compensation, which is the fair market value of the property taken. Based on comparable mines and historic yields at the I-M Mine, management believes the fair market value of Rise's mineral estate is at least $400 million." We believe that you must have a reasonable basis for disclosures that investors would reasonably regard as indicative of a potential recovery in value for damages incurred. As such, we believe that you should further revise disclosures in the current reports on Form 8-K that were utilized as a vehicle for this information to clarify the nature and extent of any support for the potential claim amount. For example, describe the population of mines that you believe are comparable, the means of determining comparability and value; and the salient historic yield parameters that were utilized and explain why you believe these are both relevant and appropriate, considering the exploration status of a property for which you have reported neither resources nor proved reserves. However, if you are unable to show a reasonable basis for the amount of your potential taking claim, provide clarifying disclosure that clearly conveys the extent of conjecture that was involved in quantifying the claim amount, and to caution investors about placing reliance on the estimate. Under these circumstances, also expand the risk factor disclosures in subsequent periodic reports to similarly caution investors on any potential recovery if this strategy is pursued, and refrain from quantifying damages or claims for which you are unable to show a reasonable basis. If you believe that you have a reasonable basis for the disclosure that was made, provide us with the support, to include details of the comparable properties, descriptions of the characteristics and corresponding valuations, the historic yields from your property, timeframes in which the related production occurred, along with the volumes, prices, and costs; and describe the assumptions involved in calculating the potential taking claim amount. We reissue prior comment five. March 10, 2025 Page 3 Please contact Robert Babula at 202-551-3339 or Karl Hiller at 202-551-3686 if you have questions regarding comments on the financial statements and related matters. Sincerely, Division of Corporation Finance Office of Energy & Transportation </TEXT> </DOCUMENT>
2025-03-04 - CORRESP - Rise Gold Corp.
CORRESP
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filename1.htm
Rise Gold Corp.: CORRESP - Filed by newsfilecorp.com
Subject: Rise Gold Corp.
Form 10-K for the Fiscal Year ended July 31, 2024
Filed October 29, 2024
File No. 000-53848
March 3, 2025
To: Division of Corporation Finance, U.S. Securities & Exchange Commission
Dear Mr. Robert Babula,
Please see below and enclosed our responses to your inquiries raised in your letter dated February 4, 2025.
1) Recoverability of the $4.1M capitalized costs of the Idaho-Maryland Gold Mine Property (the "I-M Mine Property")
On July 31, 2024, the I-M Mine Property comprised approximately 175 acres (71 hectares) surface land and 2,560 acres (1,036 hectares) of mineral rights located near Grass Valley in Nevada County in northern California.
For accounting purposes, Rise Gold Corp ("Rise" or the "Company") considers both the mineral rights and surface rights as one unit of account long lived asset because the surface rights are an integral part of the project design of the mining operation should a mine be built. Six parcels of land ("the Centennial Industrial Site") will be used mainly for restoration activities such as treatment of engineered fill, while the other parcels of land ("the Brunswick Industrial Site") will host the mine structures (e.g., shaft, water plants, process plant), as well as other buildings needed in the mine operation, such as warehouse and offices.
ASC 360-10 does not require annual impairment testing for long-lived assets (i.e., the I-M Mineral Property) that are held and used. Instead, a long-lived asset that is held and used should be tested for recoverability whenever events or changes (or indicators) in circumstances indicate that the carrying amount of the asset group may not be recoverable. It is the Company's opinion that, although in February 2024 the Board of Supervisors of Nevada County (the "County") adopted a resolution that denied Rise's application for a Use Permit, this fact alone does not indicate that the carrying amount of $4.1M of the I-M Mineral Property cannot be recovered. The Company is of the opinion that it has vested rights to operate the mine, and it has submitted a Writ of Mandamus (the "Writ") to the Superior Court of California for the County of Nevada (the "Court") asking the Court to compel the County to follow applicable law and grant Rise recognition of its vested right to operate the mine. The Court has not ruled yet on our vested rights to operate the mine.
With respect to the Company having a history of losses and negative cash flows, this fact pattern is common for junior mining exploration companies that are evaluating mining projects. As the Company is still pursuing the I-M Mineral Property, the Company is of the opinion that, as of July 31, 2024, these individual circumstances considered alone and together do not give rise to an indicator of impairment that would require the Company to estimate the recoverable amount, given the large return on investment that is generally achieved on successful mining projects, well beyond $4.1M. Furthermore, at fiscal year end 2024, the County's property assessment of the value of the Company's surface rights was $4.2M, this fact alone being an indication that $4.1M carrying cost cannot be impaired, as it can be simply recovered by a sale of surface rights.
We could understand how the wording ("review of the carrying amount") on the financial statements may have been perceived as though we had conducted an estimate of the recoverable amount; however, that was not the case, as we did not have indicators that the carrying amount would not be recoverable. We propose that, in future filings, we amend our disclosure to specifically address that the Company has, at each reporting period, assessed if there are any indicators of impairment, the outcome of that assessment, and, if required, an estimate of the recoverable amount.
As you are aware, after the fiscal year end, the Company entered into contracts for the sale of three parcels of industrial land for a total of $4.3M, with the first sale for $1.8M closed on November 27, 2024, and the second sale for $2.5M to close on or before 180 days from the date the first sale closed.
For accounting purposes, the Company will recognize these sales as a deduction from the $4.1M carrying amount of the I-M Mineral Property. Should the second sale close for the expected $2.5M, the carrying amount of the I-M Mineral Property, assuming there are no other additions to the carrying amount before the closing of the second sale, will be ground down to a nominal value.
2) Inclusion of sale agreements as exhibits to the 10-Q to comply with Item 601(b)(10) of Regulation S-K.
To comply with your request, we plan to file an amended 10-Q report for the quarter ended October 31, 2024 to include the two sale agreements and relevant appendices as exhibits. Please see attached the proposed amended 10-Q for the quarter ended October 31, 2024.
3) Additions to Form 8-K reports filed on November 29, 2024 and January 17, 2025
To comply with your request, we plan to file amended 8-K reports to include the additional information requested regarding the dates of the agreements and the buyer of the land. There is no relationship between Rise and the buyer to be disclosed. Please see attached the proposed revised 8-K reports.
4) Impact of sale of land to future plans
The three parcels of land sold are part of the current mine design plan with several structures in the mining operations envisioned to be built on these three parcels of land. As part of the real estate sale, Rise negotiated a call option whereby the Company can reacquire the real estate should it obtain judicial confirmation of its legal right to reopen the mine. The mine development will require significant capital investment, well beyond the funds needed to reacquire the three parcels of land sold, and the Company considers that, if it is able to raise capital to support the mine development, the funds needed to repurchase the three parcels of land will also be available as part of the capital investment in the mine. Regarding future exploration plans, exploration activities can continue without the three parcels of land.
Moreover, the Company may revise its mine plan to relocate the structures currently planned on the three parcels of land and, therefore, any inability to repurchase the three parcels of land will not stop the development of the mine.
5) Company's estimation of the fair value of the I-M Mine Property
On December 14, 2023, the Nevada County Board of Supervisors (the "Supervisors") voted to deny the recognition of the Company's constitutionally-protected vested right to reopen the I-M Mine. On February 16, 2024, the Supervisors adopted a resolution denying the Company's application to obtain a use permit to reopen the I-M Mine.
Rise's litigation counsel, Cooper & Kirk, LLC, has advised the Company that by denying Rise its vested right, a use permit, and a variance, the County has effected a total taking of Rise's mineral estate, entitling Rise to compensation under the Fifth Amendment of the United States Constitution. Courts have assessed damages in such cases by various means, including comparing the market value of similar assets, engaging in discounted-cash-flow analysis, and examining previous productions. The Company has produced an analysis using several different methodologies and arrived at a damage claim of at least $400 million.
Note that the Company has not claimed and does not claim that the mine is currently worth $400 million: arguably, without the legal right to recommence operations, the underground portion of the mine is worth $0. In fact, a threshold criterion to bring a regulatory takings claim in federal court is that the offending regulation must have obliterated the market value of the asset, as is the case here (assuming the Writ is unsuccessful).
Instead, the Company disclosed to the market that in the case that the Writ is unsuccessful, the Company plans to commence litigation against the County for the regulatory taking of the I-M Mine and will assert damages of at least $400 million. In future filings, the Company will ensure that this is properly disclosed.
Should you require any further information, please do not hesitate to contact us.
Sincerely,
/s/ Joseph Mullin
Joseph Mullin
President and Chief Executive Officer
2025-02-25 - CORRESP - Rise Gold Corp.
CORRESP
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filename1.htm
Rise Gold Corp.: CORRESP - Filed by newsfilecorp.com
Subject: Request for an extension - File No. 000-53848
Vancouver, BC, Canada, February 13, 2025
To: Division of Corporation Finance
Office of Energy & Transportation
U.S. Securities & Exchange Commission
Dear Mr. Robert Babula,
Regarding File No. 000-53848, further to our phone conversation, we would like to request an extension of ten business days to provide the information and documents you requested in your letter dated February 4, 2025.
Should you require any further information, please do not hesitate to contact us at the information below.
Kind regards,
Mihai Draguleasa
Chief Financial Officer
E: jmullin@risegoldcorp.com
T: +1-604-880-3313
2025-02-04 - UPLOAD - Rise Gold Corp. File: 000-53848
February 4, 2025
Joseph Mullin
Chief Executive Officer
Rise Gold Corp.
650 - 669 Howe Street
Vancouver, British Columbia, Canada V6C 0B4
Re:Rise Gold Corp.
Form 10-K for the Fiscal Year ended July 31, 2024
Filed October 29, 2024
File No. 000-53848
Dear Joseph Mullin:
We have reviewed your filing and have the following comments.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 10-K for the Fiscal Year ended July 31, 2024
Financial Statements
Note 6 - Mineral Property Interests, page 65
We note your disclosure indicating that you reviewed the carrying value of
the mineral rights at year-end and determined that no adjustment was required because
there was no evidence the capitalized costs would not be fully recovered.
However, on pages 15 and 16 you indicate that during a public hearing in May 2023,
the Nevada County Planning Commission decided to recommend to the Nevada
County Board of Supervisors that your application for a mining Use Permit be denied,
and that during a public hearing in February 2024, the Board of Supervisors adopted a
corresponding resolution that denied your application for the Use Permit.
You report that you also submitted a petition to the County in September 2023, to
assert that you hold a vested right to mine the property and therefore do not require a
Use Permit, notwithstanding your application for a Use Permit, although the Board of
Supervisors held a public hearing in December 2023 and denied your petition. 1.
February 4, 2025
Page 2
Given the foregoing and your disclosure on page 15, stating that you are unable to
predict whether all permits required for mining will be obtained, it is unclear how you
have assessed the recoverability of costs capitalized at the end of your fiscal year. We
note that in addition to these adverse proceedings, you report current-period operating
and cash flow losses and have a history of operating and cash flow losses.
Please submit the analysis that you performed to comply with FASB ASC 360-10-35-
17, including any cash flow projectsions made pursuant to subparagraphs 29-35, or
the present value calculations made pursuant to subparagraph 36.
2.We note that you have disclosures on pages 9 and 19 of your most recent interim
report on Form 10-Q, covering the quarter ended October 31, 2024, indicating that
you entered into two contracts to sell a total of 66 acres that had been associated with
your mine, and that you received an initial payment on one of the contracts in
November 2024. Please amend your interim report to include both agreements as
exhibits to comply with Item 601(b)(10) of Regulation S-K.
3.We note that you filed current reports on Form 8-K on November 29, 2024 and
January 17, 2025, to announce details of your two contracts for the sale of acreage
previously associated with your mining property and to report the receipt of payments
and modification of terms on one of the contracts.
Please amend these filing to (i) specify the dates of the agreements, (ii) identify the
counterparties, and (iii) describe any material relationships between the company and
any of the parties to the arrangements to comply with Item 1.01(a)(1) of Form 8-K.
The disclosure should identify any relationships between the counterparty and the
company including any of its officers, shareholders, and affiliates, describe any prior
associations of the counterparty with the acreage, and given your option to reacquire
the acreage, also describe the intended use by the counterparty.
4.Given your disclosures in the current reports referenced above, stating that you have
retained ownership of 53 acres at the New Brunswick shaft, 56 acres at the Centennial
property, and 2,585 acres of mineral rights, your amendments should also include a
description of any implications of the sales relative to your mineral exploration
plans, the prospect of conducting any future mining operations, and the circumstances
under which you would seek to exercise the option to reacquire the acreage.
Please explain why the acreage sold and to be sold would be of interest or of use in
the event a Use Permit is ultimately received, and describe any detriment to your
mining plan in the event that you are unable reacquire those interests due to lack of
funds or otherwise. Please clarify how you intend to account for the sale, to include
quantifying the extent to which you would allocate capitalized property costs and the
amount of any gain to be recognized on each closing date.
February 4, 2025
Page 3
5.With regard to the current reports referenced above, also disclose in the amendments
how you are able to support your "conservatively estimated" fair value claim of $400
million and describe the current status of the Writ of Mandamus that you submitted
to the Superior Court of California, as initially reported in your May 13, 2024 press
release, and your view of the timeframe required for that process to conclude.
Provide us with the analysis that you prepared in estimating your $400 million fair
value claim, including all calculations and clear explanations for all assumptions,
support for your view of the estimate as being conservative, and details of how
that estimate reconciles with your $4.2 million in acquisition costs and the recent sales
of acreage. In other words, identify the particular changes to which you attribute the
change in value since you acquired the property in 2017.
However, if you are unable to show a reasonable basis for the estimate, you will need
to provide disclosures in the amendments to clarify whether investors should no
longer rely on such prior estimates, and under these circumstances you should also
provide an estimate for which you are able to show a reasonable basis, and provide a
description of all material assumptions and of any material uncertainties.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence
of action by the staff.
Please contact Robert Babula at 202-551-3339 or Karl Hiller at 202-551-3686 if you
have questions regarding comments on the financial statements and related matters.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
2024-07-12 - UPLOAD - Rise Gold Corp. File: 333-280712
July 12, 2024
Joseph Mullin
Chief Executive Officer
Rise Gold Corp.
Suite 650 - 669 Howe Street
Vancouver, BC V6C 0B4
Canada
Re:Rise Gold Corp.
Registration Statement on Form S-1
Filed July 5, 2024
File No. 333-280712
Dear Joseph Mullin:
This is to advise you that we have not reviewed and will not review your registration
statement.
Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that
the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Claudia Rios at 202-551-8770 with any questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc:Brad Wiggins, Esq.
2024-07-12 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
Rise Gold Corp.: CORRESP - Filed by newsfilecorp.com
July 12, 2024
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, D.C. 20549
Re: Rise Gold Corp. - Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-280712
Acceleration Request
Requested Date: July 16, 2024
Requested Time: 4:00 p.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-280712) of Rise Gold Corp. be declared effective at 4:00 p.m. Eastern Time on Tuesday, July 16, 2024, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of Securities Law USA, PLLC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By:
/s/ Joseph Eugene Mullin III
Joseph Eugene Mullin III
Chief Executive Officer
2023-05-12 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
Rise Gold Corp.: CORRESP - Filed by newsfilecorp.com
May 12, 2023
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, D.C. 20549
Re: Rise Gold Corp. - Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-271702
Acceleration Request
Requested Date: May 16, 2023
Requested Time: 4:00 p.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-271702) of Rise Gold Corp. be declared effective at 4:00 p.m. Eastern Time on Tuesday, May 16, 2023, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of Securities Law USA, PLLC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By: /s/ Benjamin W. Mossman
Benjamin W. Mossman
Chief Executive Officer
2023-05-12 - UPLOAD - Rise Gold Corp.
United States securities and exchange commission logo
May 12, 2023
Benjamin Mossman
Chief Executive Officer and President
Rise Gold Corp.
Suite 650 - 669 Howe Street
Vancouver, BC V6C 0B4
Canada
Re:Rise Gold Corp.
Registration Statement on Form S-1
Filed May 5, 2023
File No. 333-271702
Dear Benjamin Mossman:
This is to advise you that we have not reviewed and will not review your registration
statement.
Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you
that the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Claudia Rios, Staff Attorney, at (202) 551-8770 with any questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc: Brad Wiggins, Esq.
2022-04-06 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
Rise Gold Corp.: CORRESP - Filed by newsfilecorp.com
April 6, 2022
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, D.C. 20549
Re: Rise Gold Corp. - Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-263964
Acceleration Request
Requested Date: April 8, 2022
Requested Time: 4:00 p.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-263964) of Rise Gold Corp. be declared effective at 4:00 p.m. Eastern Time on Friday, April 8, 2022, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of Securities Law USA, PLLC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By: /s/ Benjamin W. Mossman
Benjamin W. Mossman
Chief Executive Officer
2022-04-06 - UPLOAD - Rise Gold Corp.
United States securities and exchange commission logo
April 6, 2022
Benjamin Mossman
Chief Executive Officer and President
Rise Gold Corp.
Suite 650 - 669 Howe Street
Vancouver, BC V6C 0B4
Canada
Re:Rise Gold Corp.
Registration Statement on Form S-1
Filed March 30, 2022
File No. 333-263964
Dear Mr. Mossman:
This is to advise you that we have not reviewed and will not review your registration
statement.
Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you
that the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Arthur Tornabene-Zalas at (202) 551-3162 or Karina Dorin, Staff
Attorney, at (202) 551-3763 with any questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc: J. Brad Wiggins, Esq.
2021-01-12 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
January 12, 2021
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, D.C. 20549
Re: Rise Gold Corp. – Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-251896
Acceleration Request
Requested Date: January 15, 2021
Requested Time: 9:30 a.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-251896) of Rise Gold Corp. be declared effective at 9:30 a.m. Eastern Time on Friday, January 15, 2021, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of Securities Law USA, PLLC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By: /s/ Benjamin W. Mossman
Benjamin W. Mossman
Chief Executive Officer
2021-01-12 - UPLOAD - Rise Gold Corp.
United States securities and exchange commission logo
January 12, 2021
Benjamin Mossman
Chief Executive Officer and President
Rise Gold Corp.
Suite 650 - 669 Howe Street
Vancouver, BC V6C 0B4
Canada
Re:Rise Gold Corp.
Registration Statement on Form S-1
Filed January 5, 2021
File No. 333-251896
Dear Mr. Mossman:
This is to advise you that we have not reviewed and will not review your registration
statement.
Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you
that the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Kevin Dougherty at (202) 551-3271 with any questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc: Brad Wiggins, Esq.
2019-11-07 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
Rise Gold Corp.
November 7, 2019
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Re: Rise Gold Corp. – Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-234388
Acceleration Request
Requested Date: November 8, 2019
Requested Time: 4:30 p.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-234388) of Rise Gold Corp. be declared effective at 4:30 p.m. Eastern Time on Friday, November 8, 2019, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of SecuritiesLawUSA, PC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By: /s/ Benjamin W. Mossman
Benjamin W. Mossman
Chief Executive Officer
2019-11-07 - UPLOAD - Rise Gold Corp.
November 6, 2019
Benjamin Mossman
Chief Executive Officer and President
Rise Gold Corp.
Suite 650 - 669 Howe Street
Vancouver, BC V6C 0B4
Canada
Re:Rise Gold Corp.
Registration Statement on Form S-1
Filed October 31, 2019
File No. 333-234388
Dear Mr. Mossman:
This is to advise you that we have not reviewed and will not review your registration
statement.
Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you
that the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Irene Barberena-Meissner, Staff Attorney, at 202-551-6548 with any
questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc: Brad Wiggins, Esq.
2019-04-24 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
RYES SEC Letter Apr 24 2019
April 24, 2019
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Re: Rise Gold Corp. – Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-230927
Acceleration Request
Requested Date: April 26, 2019
Requested Time: 4:30 p.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-230927) of Rise Gold Corp. be declared effective at 4:30 p.m. Eastern Time on Friday, April 26, 2019, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of SecuritiesLawUSA, PC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By: /s/ Benjamin W. Mossman
Benjamin W. Mossman
Chief Executive Officer
2019-04-24 - UPLOAD - Rise Gold Corp.
April 24, 2019
Benjamin Mossman
Chief Executive Officer
Rise Gold Corp.
Suite 650 - 669 Howe Street
Vancouver, BC V6C 0B4
Canada
Re:Rise Gold Corp.
Registration Statement on Form S-1
Filed April 18, 2019
File No. 333-230927
Dear Mr. Mossman:
This is to advise you that we have not reviewed and will not review your registration
statement.
Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you
that the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Jonathan Burr at 202-551-5833 with any questions.
Sincerely,
Division of Corporation Finance
Office of Beverages, Apparel and
Mining
2019-02-08 - UPLOAD - Rise Gold Corp.
February 6, 2019
Benjamin W. Mossman
President and Chief Executive Officer
Rise Gold Corp.
669 Howe St, Suite 650
Vancouver, BC V6C 0B4, Canada
Re:Rise Gold Corp.
Registration Statement on Form S-1
Filed January 17, 2019
File No. 333-229284
Dear Mr. Mossman:
This is to advise you that we have not reviewed and will not review your registration
statement.
Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you
that the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Ruairi Regan at (202) 551-3269 with any questions.
Sincerely,
Division of Corporation Finance
Office of Beverages, Apparel and
Mining
cc: Brad Wiggins, Esq.
2019-02-06 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
Corresp
February 6, 2019
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Re: Rise Gold Corp. – Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-229284
Acceleration Request
Requested Date: February 7, 2019
Requested Time: 4:30 p.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-229284) of Rise Gold Corp. be declared effective at 4:30 p.m. Eastern Time on Tuesday, February 7, 2019, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of SecuritiesLawUSA, PC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By: /s/ Benjamin W. Mossman
Benjamin W. Mossman
Chief Executive Officer
2018-06-12 - UPLOAD - Rise Gold Corp.
Mail Stop 3561
June 8, 2018
Via E -mail
Benjamin W. Mossman
Chief Executive Officer and President
Rise Gold Corp.
Suite 650 - 669 Howe Street
Vancouver, BC V6C 0B4
Canada
Re: Rise Gold Corp.
Registration Statement on Form S-1
Filed May 29, 2018
File No. 333-225267
Dear Mr. Mossman :
This is to advise you that we have not reviewed and will not review your registration
statement .
Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you
that the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Ronald E. Alper at (202) 551 -3329 with any questions.
Sincerely,
/s/ James Lopez (for)
John Reynolds
Assistant Director
Office of Beverages, Apparel and
Mining
cc: J. Brad Wiggins, Esq.
SecuritiesLawUSA, PC
2018-06-11 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
Converted by Wiklow Corporate Services Inc.
June 11, 2018
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Re: Rise Gold Corp. – Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-225267
Acceleration Request
Requested Date: June 12, 2018
Requested Time: 4:30 p.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-225267) of Rise Gold Corp. be declared effective at 4:30 p.m. Eastern Time on Tuesday, June 12, 2018, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of SecuritiesLawUSA, PC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By: /s/ Benjamin W. Mossman
Benjamin W. Mossman
Chief Executive Officer
2017-12-08 - CORRESP - Rise Gold Corp.
CORRESP
1
filename1.htm
Correspondence
.
Rise Gold Corp.
488-1090 W Georgia St.
Vancouver, BC V6E 3V7 Canada
604-260-4577
December 8, 2017
VIA EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Re: Rise Gold Corp. – Request for Acceleration of Effective Date
Registration Statement on Form S-1
File No. 333-220338
Acceleration Request
Requested Date: December 11, 2017
Requested Time: 4:00 p.m. Eastern Time
Ladies and Gentlemen:
Pursuant to Rule 461(a) promulgated under the Securities Act of 1933, as amended, we hereby request that the Registration Statement on Form S-1 (File No. 333-220338) of Rise Gold Corp. be declared effective at 4:00 p.m. Eastern Time on Monday, December 11, 2017, or as soon thereafter as practicable. We respectfully request that you notify Brad Wiggins of SecuritiesLawUSA, PC of such effectiveness by telephone at (661) 713-6843.
Please contact Mr. Wiggins if you have any questions with respect to this request. Thank you.
Sincerely,
Rise Gold Corp.
By: /s/ Cale Thomas
Cale Thomas
Chief Financial Officer
2017-09-18 - UPLOAD - Rise Gold Corp.
Mail Stop 3561 September 18, 2017 Via E -mail Benjamin W. Mossman Chief Executive Officer Rise Gold Corp. 488 – 1090 West Georgia Street Vancouver, British Columbia V6E 3V7 Canada Re: Rise Gold Corp. Registration Statement on Form S-1 Filed September 5 , 2017 File No. 333-220338 Dear Mr. Mossman : We have limited our review of your registration statement to those issues we have addressed in our comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply t o your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have ad ditional comments. General 1. We note your disclosure that your common stock is currently quoted on the OTC Pink. Please note that being quoted on the OTC Pink does not satisfy our requirement that there be an established public trading market with resp ect to secondary at -the-market offerings for purposes of identifying the offering price on the prospectus cover page. Please revise to clarify that the selling shareholders will sell at a fixed price until your shares are quoted on the OTC Bulletin Board, the OTCQX or OTCQB or are listed on a national securities exchange, at which time they may be sold at prevailing market prices or in privately negotiated transactions, if applicable. Benjamin W. Mossman Rise Gold Corp. September 18, 2017 Page 2 Exhibit 5.1 2. Please have your counsel revise the legal opinion to opine under the laws of your state of incorporation. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, c omments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration . Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Jonathan Burr at (202) 551 -5833 or Pamela Howell at (202) 551 -3357 with any other questions. Sincerely, /s/ Pamela Howell for John Reynolds Assistant Director Office of Beverages, Apparel, and Mining cc: J. Brad Wiggins, Esq. SecuritiesLawUSA, PC
2017-03-22 - UPLOAD - Rise Gold Corp.
Mail Stop 3561
March 22 , 2017
Via E -mail
Cale Thomas
Chief Financial Officer
Rise Resources, Inc.
488-1090 West Georgia Street
Vancouver, British Columbia, Canada V6E 3V7
Re: Rise Resources, Inc.
Form 10-K for the Fiscal Year Ended July 31 , 2016
Filed October 31 , 2016
File No. 000-53848
Dear Mr . Thomas :
We have comple ted our review of your filing . We remind you that the company and its
management are responsible for the accuracy and adequacy of their disclosures, notwithstanding
any review, comments, action or absence of action by the staff.
Sincerely,
/s/Craig Arakawa
Craig Arakawa
Accounting Branch Chief
Office of Beverages, Apparel and
Mining
2017-03-16 - CORRESP - Rise Gold Corp.
CORRESP 1 filename1.htm Converted by Wiklow Corporate Services Inc. March 16, 2017 VIA EMAIL United States Securities and Exchange Commission Washington, D.C. 201549 Attention: Craig Arakawa, Accounting Branch Chief Office of Beverages, Apparel and Mining Dear Sirs: Re: Rise Resources, Inc. Form 10-K for the Fiscal Year Ended July 31, 2016 Filed October 31, 2016 Form 10-Q for the Quarterly Period Ended October 31, 2016 Filed on December 9, 2016 File No. 000-53848 We write in response to your letter of February 28, 2017. We provide the following responses to your comments: Form 10-K for the Fiscal Year Ended July 31, 2016 Item 1. Business Description of Business 1. We have deleted reference to “indicated resource” on page 23 and “inferred resource” on page 28. 2. We have added a new section “Data Verification and Quality Assurance” to page 30. Item 9A. Controls and Procedures 3. We have provided a conclusion regarding the effectiveness of our disclosure controls and procedures and provided management’s annual report on internal control over financial reporting. Form 10-Q for the Quarterly Period Ended October 31, 2016 Item 4. Controls and Procedures 4. We have provided a conclusion regarding the effectiveness of our disclosure controls and procedures. Yours truly, Rise Resources Inc. Per: /s/ Cale Thomas Cale Thomas, Chief Financial Officer Suite 488, 1090 West Georgia Street, Vancouver, BC V6E 3V7 (604) 260-4577 risecapitalresources.com
2017-02-28 - UPLOAD - Rise Gold Corp.
Mail Stop 3561
February 28 , 2017
Via E -mail
Cale Thomas
Chief Financial Officer
Rise Resources, Inc.
488-1090 West Georgia Street
Vancouver, British Columbia, Canada V6E 3V7
Re: Rise Resources, Inc.
Form 10-K for the Fiscal Year Ended July 31 , 2016
Filed October 31 , 2016
Form 10 -Q for the Quarterly Period Ended October 31, 2016
Filed on December 9, 2016
File No. 000-53848
Dear Mr . Thomas :
We have reviewed your filing and have the following comments . In some of our
comments, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to these comments within ten business days by prov iding the requested
information or adv ise us as soon as possible when you will respond . If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
After reviewing your response to these comments , we may have additional comments .
Form 10-K for the Fiscal Year Ended July 31 , 2016
Item 1. Business
Description of Business
Mineral Properties page 23
1. We note your disclosure of mineral resources on page 23 for an adjacent property and on
page 28 for your Ron property. Only proven or probable reserves may be disclosed in
filings with the United States Securities and Exchange Commission pursuant to the
Instructions to Item 102 of Regulation S -K. Please remove these mineral resources.
2. We note your disclosure of historical explorat ion work. Please include in your disclosure
a brief summary of your data verification and quality assurance procedures for
Cale Thomas
Rise Resources, Inc.
February 28 , 2017
Page 2
exploration work performed on your properties. If these processes have yet to be
developed then include a statement to this effect in your disclosure.
Item 9A. Controls and Procedures, page 40
3. Please provide a conclusion regarding the effectiveness of your disclosure controls and
procedures pursuant to Item 307 of Regulation S -K. In addition, provide management’s
annual report on internal control over financial reporting pursuant to Item 308 of
Regulation S -K.
Form 10 -Q for the Quarterly Period Ended October 31, 2016
Item 4. Controls and Procedures, page 7
4. Please provide a conclusion regarding the effectiveness of your disclosur e controls and
procedures pursuant to Item 307 of Regulation S -K.
You may contact Steve Lo at (202) 551 -3394 or me at (202) 551 -3650 if you have
questions regarding comments on the financial statements and related matters and John Coleman,
Mining Engineer at (202) 551 -3610 regarding the engineering comments.
Sincerely,
/s/Craig Arakawa
Craig Arakawa
Accounting Branch Chief
Office of Beverages, Apparel and
Mining