Rise Gold Provides Litigation Update

Grass Valley, California--(Newsfile Corp. - May 8, 2026) - Rise Gold Corp. (CSE: RISE) (OTCQB: RYES) (the "Company") announces that the Superior Court of California for the County of Nevada (the "Court") has denied the Company's Writ of Mandamus (the "Writ") asking the Court to compel the Board of Supervisors of Nevada County (the "Board") to follow applicable law and grant Rise recognition of its vested right to operate the Idaho-Maryland Mine (the "I-M Mine"). The Court ruled that Rise met its burden to show that a constitutional right to mine the I-M Mine without a permit vested when Nevada County (the "County") established its zoning code in 1954.