4/A: Rise Gold Corp. Director Daniel Oliver Jr. Amends Filing to Correctly Report Beneficial Ownership
SEC Form 4/A
Daniel Oliver Jr., a director and 10% owner of Rise Gold Corp., amended a previous SEC filing to correct information regarding beneficial ownership of common stock and warrants.
Summary
- Daniel Oliver Jr., a director and 10% owner of Rise Gold Corp., filed an amendment to a Form 4 to correct previously reported transactions.
- The amendment, dated May 3, 2024, revises a filing originally made on December 11, 2023.
- The corrected filing reflects a purchase of 280,000 shares of common stock at $0.18 on December 7, 2023.
- Following the reported transaction, Oliver beneficially owns 4,472,849 shares indirectly through Myrmikan Gold Fund, LLC.
- The filing also details ownership of various warrants with exercise prices ranging from $0.26 to $1, expiring between 2024 and 2028.
- Oliver directly owns options for 94,070 shares with an exercise price of $0.26, expiring on September 22, 2028.
- Oliver directly owns warrants for 115,000 shares with an exercise price of $0.6, expiring on February 17, 2025.
- Oliver directly owns warrants for 374,000 shares with an exercise price of $1, expiring on September 9, 2024.
- Oliver indirectly owns warrants through Myrmikan Gold Fund, LLC with various exercise prices and expiration dates.
- The amendment was filed to remove two transactions that were incorrectly included in the original filing.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing. The amendment suggests a need for careful attention to detail in reporting, but overall, it's a neutral event.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The corrected filing provides more accurate information to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 11/01/2019 | Warrants expire on 09/09/2024, exercise price $1 |
| 08/19/2019 | Warrants expire on 08/19/2024, exercise price $1 (CAD) |
| 07/31/2020 | Warrants expire on 07/31/2024, exercise price $1 |
| 01/28/2022 | Warrants expire on 01/28/2024, exercise price $0.6 |
| 01/31/2023 | Warrants expire on 01/31/2025, exercise price $0.6 |
| 02/17/2023 | Warrants expire on 02/17/2025, exercise price $0.6 |
| 09/22/2023 | Options expire on 09/22/2028, exercise price $0.26 |
| 11/07/2023 | Warrants expire on 11/07/2025, exercise price $0.26 |
| 12/07/2023 | Purchase of 280,000 shares of common stock at $0.18 |
| 12/07/2023 | Warrants expire on 12/07/2025, exercise price $0.26 |
| 12/11/2023 | Original Form 4 filing date |
| 05/03/2024 | Date of amendment filing |
Keywords
Form 4, Amendment, Beneficial Ownership, Rise Gold Corp, RYES, Daniel Oliver Jr., Myrmikan Gold Fund, Common Stock, Warrants, Options, SEC Filing
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