Rise Gold appoints David Watkinson as president and CEO

Rise Gold Corp. (CSE: RISE) (OTCQB: RYES) announced the appointment of David Watkinson as president and CEO, effective November 20, 2025. Watkinson also assumes the role of president of the company's operating subsidiary, Rise Grass Valley Inc., and joins the board of directors.

Watkinson brings 40 years of engineering experience in underground and open pit mine development. He previously held senior positions at Placer Dome Inc., Kinross Gold Corporation, Thyssen Mining Construction of Canada, and Vulcan Materials Company. He served as president and CEO of Emgold Mining Corporation, which controlled Rise Gold's Idaho-Maryland mine for approximately 25 years before Rise Gold acquired the property.

The appointment follows the resignation of Joe Mullin from his positions as president, CEO, and board member. Daniel Oliver was named chairman of the board during the company's annual general meeting held November 19, 2025.

Rise Gold's principal asset is the historic Idaho-Maryland Gold Mine in Nevada County, California. The mine operated from 1862 to 1957, producing an estimated 2.4 million ounces of gold. The company filed a writ of mandamus against Nevada County in 2024 regarding its right to operate the mine, with a verdict expected in the first quarter of 2026.

The company granted 2.66 million stock options to directors, officers, and consultants under its long-term incentive plan. The options are exercisable at $0.18 per share until November 20, 2030.

All resolutions at the annual meeting were approved, including the reappointment of Davidson & Company LLP as auditor and approval of the corporation's long-term incentive plan, according to the company's statement.

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