4/A: Rise Gold Corp. Director Daniel Oliver Jr. Amends Filing to Correctly Reflect Beneficial Ownership
SEC Form 4/A Amendment
Daniel Oliver Jr., a director and 10% owner of Rise Gold Corp., amended a previous SEC filing to correct inaccuracies regarding holdings, particularly those held indirectly through Myrmikan Gold Fund, LLC.
Summary
- Daniel Oliver Jr., a director and 10% owner of Rise Gold Corp., filed an amendment to a previous SEC Form 4.
- The amendment corrects inaccuracies in the original filing regarding the reporting person's beneficial ownership of securities.
- The corrected filing includes details of common stock and derivative securities (options and warrants) held directly and indirectly through Myrmikan Gold Fund, LLC.
- Oliver directly acquired 200,000 options with an exercise price of $0.25 on December 12, 2023, expiring on December 12, 2028.
- The filing also details various warrants held indirectly by Myrmikan Gold Fund, LLC, with exercise prices ranging from $0.26 to $1 and expiration dates in 2024 and 2025.
- The amendment removes two holdings that were incorrectly included in the original filing.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing (Form 4/A) to correct a previous filing. It doesn't contain any particularly positive or negative news, but the correction of information is generally viewed as a positive sign of transparency.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and principal stockholders) to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The corrected filing provides more accurate information to shareholders regarding the beneficial ownership of Rise Gold Corp.'s securities.
- This increased transparency can help stakeholders make more informed investment decisions.
Key Dates
| Date | Description |
|---|---|
| 11/01/2019 | Date of warrants with a $1 exercise price expiring on 09/09/2024 |
| 08/19/2019 | Date of warrants with a $1 exercise price expiring on 08/19/2024 |
| 07/31/2020 | Date of warrants with a $1 exercise price expiring on 07/31/2024 |
| 01/28/2022 | Date of warrants with a $0.6 exercise price expiring on 01/28/2024 |
| 01/31/2023 | Date of warrants with a $0.6 exercise price expiring on 01/31/2025 |
| 02/17/2023 | Date of warrants with a $0.6 exercise price expiring on 02/17/2025 |
| 09/22/2023 | Date of options with a $0.26 exercise price expiring on 09/22/2028 |
| 11/07/2023 | Date of warrants with a $0.26 exercise price expiring on 11/07/2025 |
| 12/07/2023 | Date of warrants with a $0.26 exercise price expiring on 12/07/2025 |
| 12/12/2023 | Date of option acquisition with a $0.25 exercise price expiring on 12/12/2028 |
| 12/13/2023 | Date of original filing |
| 05/03/2024 | Date of amended filing |
Keywords
beneficial ownership, Form 4, amendment, Rise Gold Corp, Daniel Oliver Jr, Myrmikan Gold Fund LLC, options, warrants, securities, director, 10% owner
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