Rise Gold Appoints David Watkinson as President and CEO

Group 1 - Rise Gold Corp. has appointed Mr. David Watkinson as President and CEO, along with his role as President of the wholly owned subsidiary, Rise Grass Valley Inc. [1] - The Annual General Meeting held on November 19, 2025, resulted in the passing of all resolutions, including the re-appointment of Davidson & Company LLP as auditor and the approval of the Corporation's long-term incentive plan [1] - Daniel Oliver has been appointed as Chairman of the Board [1] Group 2 - Mr. Watkinson has over 40 years of engineering experience in mine development and has held senior positions in notable companies such as Placer Dome Inc. and Kinross Gold Corporation [2] - He was previously the President and CEO of Emgold Mining Corporation, which controlled the Idaho-Maryland mine for approximately 25 years [2] Group 3 - Dan Oliver expressed confidence in Mr. Watkinson's leadership to unlock the value of the Idaho-Maryland Mine, which produced an estimated 2.4 million ounces of gold from 1862 to 1957 [3] - The mine operated with an average mill head grade of 0.50 ounces per ton (17.1 grams per tonne) and produced tungsten with support from the Department of Defense from 1955 to 1957 [3] - The company filed a writ of mandamus against Nevada County regarding its right to operate the I-M Mine, with a verdict expected in the first quarter of 2026 [3] Group 4 - Mr. Joe Mullin has resigned from his positions as President and CEO and as a member of the Board of Directors to pursue a new opportunity [4] - The company has granted 2,660,000 stock options to directors, officers, and consultants, exercisable at a price of US$0.18 per share until November 20, 2030 [4]