Mr. Joseph Mullin reports

RISE GOLD GRANTS STOCK OPTIONS

Rise Gold Corp. has granted a total of 1,004,479 stock options to directors and an officer of the company, pursuant to the terms of the company's stock option plan. The stock options are exercisable at a price of 17 U.S. cents per share until May 1, 2029.

About Rise Gold Corp.

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