Mr. Benjamin Mossman reports

RISE GOLD APPOINTS CLYNTON NAUMAN TO BOARD OF DIRECTORS

Clynton Nauman has been appointed as a director of Rise Gold Corp.

Mr. Nauman has more than 45 years of diversified operating experience in the mining industry ranging from exploration to mine construction and mine operations, as well as business development, mine financing and senior management in the precious metals, base metals and coal sectors. Mr. Nauman also co-founded and grew a successful industrial environmental services company focused on reclamation of historical mine-related liabilities in Canada and the United States.

Mr. Nauman was the chairman and chief executive officer of Alexco Resource Corp., Alexco Environmental Group Inc. and Asset Liability Management Group ULC until September, 2022. He previously served as president of Viceroy Gold Corp. and Viceroy Minerals Corp., and was a director of Viceroy Resource Corp., positions he held from February, 1998, until February, 2003. Mr. Nauman also previously served on the boards of Novagold Resources Inc., Nova Copper Inc. (now Trilogy Metals Inc.) and Spectrum Gold Inc. Mr. Nauman was a general manager of Kennecott Minerals from 1993 to 1998, where he oversaw the permitting, redevelopment, start-up and operation of the Greens Creek mine, which lies within the Admiralty Island National Monument in southeast Alaska. Mr. Nauman holds a bachelor of science in geology (honours) from Otago University, New Zealand.

About Rise Gold Corp.

Rise Gold is an exploration-stage mining company incorporated in Nevada. The company's principal asset is the historic past-producing Idaho-Maryland gold mine, located in Nevada county in California.

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