UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM
CURRENT REPORT
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Item 8.01 Other Events
On May 13, 2024, Rise Gold Corp. (the "Company") announced that it has submitted a Writ of Mandamus (the "Writ") to the Superior Court of California for the County of Nevada (the "Court") asking the Court to compel the Board of Supervisors ("Board") of Nevada County (the "County") to follow applicable law and grant Rise recognition of its vested right to operate the Idaho-Maryland mine (the "Mine"). Because the Board's denial of Rise's vested rights petition (the "Petition") at the vested rights hearing in late December 2023 (the "Hearing") affects a fundamental property right, California case law demands that the Court use its independent judgement and consider the administrative record de novo, without deference to the County's arguments and conclusions.
Vested rights are protected by the Fifth Amendment of the U.S. Constitution and by the California Constitution. As a constitutional right, a vested right once established does not simply fade over time, as the County argued. It may be affirmatively abandoned, however.
The Writ also pointed out to the Court that the Hearing was a quasi-judicial proceeding in which the U.S. Constitution guarantees unbiased decision-makers.
The Writ also asked the Court to compel the County to certify the Final Environment Impact Report on the Mine, which the County itself prepared and, in the alternative to the vested right recognition, compel the County to grant the Company a use permit to operate the Mine.
Additional information is provided in the news release, a copy of which is included as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
| Exhibit No. |
Description |
| 99.1 | Press release dated May 13, 2024 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 13, 2024
RISE GOLD CORP.
/s/ Joseph Mullin
Joseph Mullin
President and CEO