RELATED PARTY TRANSACTIONS

12 Months Ended

Jul. 31, 2025

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS [Text Block]

9. RELATED PARTY TRANSACTIONS

Key management personnel consist of the Chief Executive Officer, Chief Financial Officer, and the directors of the Company. The remuneration of the key management personnel is as follows:

a) Salaries of $Nil (2024 - $89,296) to the previous CEO of the Company. Consulting fees of $132,000 and $Nil (2024 - $113,649 and $88,487) to the CEO and an advisor of the Company.

b) Directors' fees of $90,000 (2024 - $118,022) to directors of the Company.

c) During the year ended July 31, 2025, the Company paid $64,539 (2024 - $132,421) in professional fees to a company controlled by a former director of the Company.

d) During the year ended July 31, 2025, the Company paid $53,474 (2024 - $Nil) in professional fees to a company controlled by the CFO of the Company.

e) Share-based compensation of $685,983 (2024 - $338,692) for options granted and vested during the year ended July 31, 2025.

f) As at July 31, 2025, $187,801 (2024 - $128,949) was owed to related parties.

g) During fiscal 2025, certain directors and officers of Rise, directly, through entities controlled by them, or through entities for which they exercise control or direction over investment decisions purchased an aggregate of 9,904,196 units of the private placement for gross proceeds of $812,144 (2024 - purchased 8,201,698 units for $994,400).

h) A director of the Company is a manager of a private company which manages Eridanus Capital, LLC, a company that provided a secured loan to the Company's wholly owned subsidiary, Rise Grass Valley Inc. in 2019 (see note 10 (a) below for details). Myrmikan Gold Fund, LLC is another company controlled by a director of the Company that provided a loan to Rise Grass Valley Inc. in 2024 (see note 10 (b) below for details).