SCHEDULE 13G/A 0000938552 XXXXXXXX LIVE 1 Common Stock, $0.001 par value ("Common Shares") 12/31/2025 0001424864 Rise Gold Corp. 76760R100 1250 - 625 HOWE STREET VANCOUVER A1 V6C 2T6 Rule 13d-1(c) Equinox Partners Investment Management LLC a DE 0 24591791 0 24591791 24591791 19.9 IA Includes 23,892,684 shares of common stock, par value $0.001 per share (the "Common Shares") of Rise Gold Corp. (the "Issuer") and, in accordance with the Beneficial Ownership Limitation (as described herein), warrants to purchase 699,107 Common Shares of the Issuer held in one or more client accounts over which Equinox Partners Investment Management LLC, as investment advisor, has shared voting and dispositive power. The filing of this statement should not be deemed as admission that Equinox Partners Investment Management LLC is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Shares held in such client account(s). EQUINOX PARTNERS LP a DE 0 15109400 0 15109400 15109400 11.7 PN Equinox Partners Precious Metals Fund, L.P. a DE 0 1446430 0 1446430 1446430 1.2 PN MASON HILL PARTNERS LP a DE 0 2734847 0 2734847 2734847 2.2 PN Sean M. Fieler a X1 0 24591791 0 24591791 24591791 19.9 IN See Footnote 1 on page 2. The filing of this statement should not be deemed an admission that Mr. Fieler is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Shares held in such client account(s). Rise Gold Corp. 1250 - 625 Howe Street, Vancouver, British Columbia, Canada, V6C 2T6 The names of the persons jointly filing this statement on Schedule 13G (collectively, the "Reporting Persons") are: * Equinox Partners Investment Management LLC, a Delaware limited liability company ("EPIM"). * Equinox Partners, L.P., a Delaware limited partnership ("Equinox Partners"). * Equinox Partners Precious Metals Fund, L.P., a Delaware limited partnership ("EPMX"). * Mason Hill Partners, LP, a Delaware limited partnership ("Mason Hill Partners"). * Sean M. Fieler, a United States Citizen ("Mr. Fieler"). EPIM's principal business is serving as an investment advisor to certain private investment funds, including Equinox Partners, EPMX, Mason Hill Partners, and other client accounts. Each of Equinox Partners, EPMX, and Mason Hill Partners is a private investment fund. Mr. Fieler owns a controlling interest in, and is the managing member of, EPIM. The principal business office of each of the Reporting Persons is Three Stamford Plaza, 301 Tresser Blvd, 13th Fl., Stamford, CT 06901. Each of EPIM, EPMX, Equinox Partners, and Mason Hill Partners is organized under the laws of the State of Delaware. Mr. Fieler is a citizen of the United States. Y Each of EPIM and Mr. Fieler may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Act) the Common Shares which each of Equinox Partners, EPMX, and Mason Hill Partners directly beneficially owns. Each of EPIM and Mr. Fieler disclaims beneficial ownership of such Common Shares for all other purposes. EPIM acts as an investment advisor to certain client accounts and, by virtue of investment management agreements with these clients, has voting and dispositive power over the Common Shares held in such client accounts. Mr. Fieler is the managing member of, and owns a controlling interest in, EPIM. The filing of this statement should not be deemed an admission that EPIM or Mr. Fieler is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Shares held in such client accounts. (a) Amount beneficially owned: (i) EPIM beneficially owns 24,591,791 Common Shares, consisting of 23,892,684 Common Shares held outright and warrants that, in accordance with the Beneficial Ownership Limitation (as described below), are currently exercisable for 699,107 Common Shares. (ii) Equinox Partners beneficially owns 15,109,400 Common Shares, consisting of 9,336,921 Common Shares held outright and warrants that, in accordance with the Beneficial Ownership Limitation, are currently exercisable for 5,772,479 Common Shares. (iii) EPMX beneficially owns 1,446,430 Common Shares, consisting of 891,723 Common Shares held outright and warrants that, in accordance with the Beneficial Ownership Limitation, are currently exercisable for 554,707 Common Shares. (iv) Mason Hill Partners beneficially owns 2,734,847 Common Shares, consisting of 1,698,474 Common Shares held outright and warrants that, in accordance with the Beneficial Ownership Limitation, are currently exercisable for 1,036,373 Common Shares. (v) Mr. Fieler beneficially owns 24,591,791 Common Shares, consisting of 23,892,684 Common Shares held outright and warrants that, in accordance with the Beneficial Ownership Limitation, are currently exercisable for 699,107 Common Shares. (vi) Collectively, the Reporting Persons beneficially own 24,591,791 Common Shares, consisting of 23,892,684 Common Shares held outright and warrants that, in accordance with the Beneficial Ownership Limitation, are currently exercisable for 699,107 Common Shares. (vii) The warrants to purchase shares of common stock held by the Reporting Persons (the "Warrants") are subject to a "Beneficial Ownership Limitation" set forth in the respective Warrant Certificates governing the Warrants such that the Warrants are exercisable for Common Shares by a holder only to the extent the holder, together with its affiliates and any other person acting as a group with the holder, would not beneficially own more than 19.99% of the outstanding Common Shares after giving effect to such exercise, as such percentage ownership is determined in accordance with the applicable Warrant Certificate (the "Beneficial Ownership Limitation"), except that upon at least 61 days' prior notice from the holder to the Issuer, the holder may terminate the Beneficial Ownership Limitation. The Reporting Persons disclaim beneficial ownership of any Common Shares into which the Warrants would be exercisable but for the application of the Beneficial Ownership Limitation. The following percentages are based on 123,020,467 Common Shares outstanding, as reported by the Issuer, and are calculated in accordance with the Beneficial Ownership Limitation. (i) EPIM's beneficial ownership of 24,591,791Common Shares represents approximately 19.9% of the outstanding Common Shares. (ii) Equinox Partners' beneficial ownership of 15,109,400 Common Shares represents approximately 11.7% of the outstanding Common Shares. (iii) EPMX's beneficial ownership of 1,446,430 Common Shares represents approximately 1.2% of the outstanding Common Shares. (iv) Mason Hill Partners' beneficial ownership of 2,734,847 Common Shares represents approximately 2.2% of the outstanding Common Shares. (v) Mr. Fieler's beneficial ownership of 24,591,791 Common Shares represents approximately 19.9% of the outstanding Common Shares. (vi) Collectively, the Reporting Persons' beneficial ownership of 24,591,791 Common Shares represents approximately 19.9% of the outstanding Common Shares. See Cover Pages Items 5-9. See Cover Pages Items 5-9. See Cover Pages Items 5-9. See Cover Pages Items 5-9. Y Y Y N See Exhibit A of the Schedule 13G filed by the Reporting Persons with respect to the Issuer dated April 29, 2025. Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Equinox Partners Investment Management LLC /s/ Sean M. Fieler 02/17/2026 EQUINOX PARTNERS LP /s/ Sean M. Fieler 02/17/2026 Equinox Partners Precious Metals Fund, L.P. /s/ Sean M. Fieler 02/17/2026 MASON HILL PARTNERS LP /s/ Sean M. Fieler 02/17/2026 Sean M. Fieler /s/ Sean M. Fieler 02/17/2026