Rise Gold closes $1.06M first tranche of private placement

News Release

RISE CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

September 26, 2017 – Vancouver, British Columbia – Rise Gold Corp. (CSE: RISE, OTC: RYES) (“Rise” or the “Company”) is pleased to announce that it has closed the first tranche of the non-brokered private placement announced in its August 24, 2017 news release (the “Financing”).

The Company has raised a total of $1,061,571 through the sale of 7,077,140 units (each a “Unit”) at $0.15 per Unit where each Unit consists of one common share (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one additional Share at an exercise price of $0.25 until September 25, 2019. The Company will pay a finder, fees in accordance with CSE policies of a total of $540 and issue a total of 3,600 finder’s warrants (each a “Finder’s Warrant”) where each Finder’s Warrant entitles the holder to acquire one Share at a price of $0.15 until September 25, 2019.

The securities referenced herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold in the United States except in compliance with exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws.

About Rise Gold Corp.

Rise is an exploration-stage mining company. The Company’s principal asset is the historic past producing Idaho-Maryland Gold Mine located in California, USA. The Idaho-Maryland Gold Mine is one of the United States’ greatest past producing gold mines with total past production of 2,414,000 oz of gold from 1866-1955. Rise is a US corporation incorporated in Nevada, USA and maintains its head office in Vancouver, British Columbia, Canada.

On behalf of the Board of Directors:
Benjamin Mossman
President, CEO and Director
Rise Gold Corp.

For further information, please contact:
RISE GOLD CORP.
Suite 488, 1090 West Georgia Street
Vancouver, BC V6E 3V7
T: 604.260.4577
info@risegoldcorp.com
www.risegoldcorp.com