Filing Details

Accession Number:
0001062993-23-006530
Form Type:
13G Filing
Publication Date:
2023-03-09 19:00:00
Filed By:
Oliver Daniel Jr
Company:
Rise Gold Corp. (OTC:RYES)
Filing Date:
2023-03-10
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Daniel Oliver Jr 374,000 3,201,183 374,000 3,201,183 3,575,183 10.5%
Myrmikan Gold Fund 0 3,201,183 0 3,201,183 3,201,183 9.5%
Myrmikan Capital 0 3,201,183 0 3,201,183 3,201,183 9.5%
Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

Rise Gold Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

76760R100
(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[  ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[  ] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No.  76760R100
1 NAME OF REPORTING PERSON

Daniel Oliver Jr
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  (See Instructions)
(a)  ☐
(b)  ☐
3 SEC USE ONLY


4 CITIZENSHIP OR PLACE OF ORGANIZATION

USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
5 SOLE VOTING POWER

374,000
6 SHARED VOTING POWER

3,201,183
7 SOLE DISPOSITIVE POWER

374,000
8 SHARED DISPOSITIVE POWER

3,201,183
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,575,183
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)   ☐


11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

10.5%
12 TYPE OF REPORTING PERSON (See Instructions)

IN
       

2


CUSIP No.  76760R100
1 NAME OF REPORTING PERSON

Myrmikan Gold Fund, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  (See Instructions)
(a)  ☐
(b)  ☐
3 SEC USE ONLY


4 CITIZENSHIP OR PLACE OF ORGANIZATION

USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
5 SOLE VOTING POWER

0
6 SHARED VOTING POWER

3,201,183
7 SOLE DISPOSITIVE POWER

0
8 SHARED DISPOSITIVE POWER

3,201,183
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,201,183
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)   ☐


11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.5%
12 TYPE OF REPORTING PERSON (See Instructions)

IV
       

3


CUSIP No.  76760R100
1 NAME OF REPORTING PERSON

Myrmikan Capital, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  (See Instructions)
(a)  ☐
(b)  ☐
3 SEC USE ONLY


4 CITIZENSHIP OR PLACE OF ORGANIZATION

USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
5 SOLE VOTING POWER

0
6 SHARED VOTING POWER

3,201,183
7 SOLE DISPOSITIVE POWER

0
8 SHARED DISPOSITIVE POWER

3,201,183
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,201,183
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)   ☐


11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.5%
12 TYPE OF REPORTING PERSON (See Instructions)

IA
       

4

Item 1.

(a) Name of issuer:

Rise Gold Corp.

(b) Address of issuer's principal executive offices:

Suite 650, 669 Howe Street

Vancouver, British Columbia V6C 0B4

Canada

Item 2.

(a) Names of persons filing:

Daniel Oliver Jr

Myrmikan Gold Fund, LLC

Myrmikan Capital, LLC

(b) Address of principal business office or, if none, residence:

713 Silvermine Road

New Canaan, Connecticut 06840

(c) Citizenship:

Daniel Oliver Jr is a U.S. citizen.

Myrmikan Gold Fund, LLC is a Delaware limited liability company.

Myrmikan Capital, LLC is a Delaware limited liability company.

(d) Title of class of securities:

Common Stock

(e) CUSIP No.: 76760R100

Item 3.

Not applicable.

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

Daniel Oliver Jr:

(a) Amount beneficially owned:

   3,575,183 shares of Common Stock

5

(b) Percent of class:  10.5%

This percentage was calculated based on a total of 32,787,798 shares of Common Stock outstanding as of December 31, 2022. The reporting person directly beneficially owned 374,000 shares underlying warrants held by the reporting person and indirectly beneficially owned 2,317,849 shares and 883,334 shares underlying warrants held by Myrmikan Gold Fund, LLC. Myrmikan Capital, LLC is the manager of the Fund, and Daniel Oliver Jr is the manager of Myrmikan Capital, LLC.

(c) Number of shares as to which the person has:

 (i) Sole power to vote or to direct the vote:

 374,000

 (ii) Shared power to vote or to direct the vote:

 3,201,183

 (iii) Sole power to dispose or to direct the disposition of:

 374,000

 (iv) Shared power to dispose or to direct the disposition of:

 3,201,183

Myrmikan Gold Fund, LLC and Myrmikan Capital, LLC:

(a) Amount beneficially owned:

   3,201,183 shares of Common Stock

(b) Percent of class:  9.5%

This percentage was calculated based on a total of 32,787,798 shares of Common Stock outstanding as of December 31, 2022. Myrmikan Gold Fund, LLC beneficially owned 2,317,849 shares and 883,334 shares underlying warrants, and Myrmikan Capital, LLC indirectly beneficially owned all of the shares beneficially owned by Myrmikan Gold Fund, LLC. Myrmikan Capital, LLC is the manager of the Fund, and Daniel Oliver Jr. is the manager of Myrmikan Capital.

(c) Number of shares as to which each person has:

6

 (i) Sole power to vote or to direct the vote:

 0

 (ii) Shared power to vote or to direct the vote:

 3,201,183

 (iii) Sole power to dispose or to direct the disposition of:

 0

 (iv) Shared power to dispose or to direct the disposition of:

 3,201,183

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ].

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable.

Item 8. Identification and Classification of Members of the Group.

Myrmikan Gold Fund, LLC is a private investment company. Myrmikan Capital, LLC is the manager of Myrmikan Gold Fund, LLC. Daniel Oliver Jr is the manager of Myrmikan Capital, LLC. A joint filing agreement was entered into by each of the reporting persons as of February 14, 2023, which was included as Exhibit "A" to the initial filing of this Schedule 13G.

Item 9. Notice of Dissolution of Group.

Not applicable.

Item 10. Certifications.

Not applicable.

7

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: March 10, 2023

   

/s/ Daniel Oliver Jr                    

    Daniel Oliver Jr
     
     
    Myrmikan Capital, LLC
     
  By: /s/ Daniel Oliver Jr                    
    Manager
     
     
    Myrmikan Gold Fund, LLC
     
  By: /s/ Daniel Oliver Jr                    
    Manager of Myrmikan
    Capital, LLC

8