Dumac, Inc. - Aug 13, 2024 Form 3 Insider Report for Rigel Resource Acquisition Corp. (RRAC)

Role: 10%+ Owner
Signature: DUMAC, INC., Name: /s/ Robert E. McGrail, Title: Secretary
Stock symbol: RRAC
Transactions as of: Aug 13, 2024
Transactions value $: $0
Form type: 3
Date filed: 11/22/2024, 06:19 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RRAC	Class A Ordinary Shares						192K	Aug 13, 2024	See Footnotes	F1, F2, F6
holding	RRAC	Class A Ordinary Shares						109K	Aug 13, 2024	See Footnotes	F2, F3, F6
holding	RRAC	Class A Ordinary Shares						548K	Aug 13, 2024	See Footnotes	F2, F4, F6
holding	RRAC	Class A Ordinary Shares						151K	Aug 13, 2024	See Footnotes	F2, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Duke Endowment, a charitable trust, indirectly holds 192,000 Class A Ordinary Shares of Rigel Resource Acquisition Corp (the "Issuer") through G JBD LLC, a single member limited liability company wholly owned by The Duke Endowment. DUMAC, Inc. ("DUMAC") has been delegated voting and investment power over such Class A Ordinary Shares of the Issuer through an investment management agreement between DUMAC and The Duke Endowment and therefore DUMAC may be deemed the beneficial owner of such Class A Ordinary Shares.
F2	DUMAC is a North Carolina non-profit corporation. DUMAC does not hold legal title to its clients' assets. The members of the board of directors of DUMAC are appointed by the executive committee of the board of trustees of Duke University.
F3	Employees' Retirement Plan of Duke University, a non-profit defined benefit plan, indirectly holds 109,000 Class A Ordinary Shares of the Issuer through G ERP LLC, a single member limited liability company wholly owned by Employees' Retirement Plan of Duke University. DUMAC has been delegated voting and investment power over such Class A Ordinary Shares of the Issuer through an investment management agreement between DUMAC and Employees' Retirement Plan of Duke University and therefore DUMAC may be deemed the beneficial owner of such Class A Ordinary Shares.
F4	Gothic Corporation ("Gothic"), a non-profit corporation, holds assets, including Class A Ordinary Shares of the Issuer, as a charitable support corporation for Duke University. Gothic indirectly holds 548,000 Class A Ordinary Shares of the Issuer through G LTP LLC, a single member limited liability company wholly owned by Gothic. The members of the board of directors of Gothic are appointed by the executive committee of the board of trustees of Duke University. DUMAC has been delegated voting and investment power over such Class A Ordinary Shares of the Issuer through an investment management agreement between DUMAC and Gothic and therefore DUMAC may be deemed the beneficial owner of such Class A Ordinary Shares.
F5	Gothic HSP Corporation ("Gothic HSP"), a non-profit corporation, holds assets, including Class A Ordinary Shares of the Issuer, as a charitable support corporation for Duke University Health System, Inc. Gothic HSP indirectly holds 151,000 Class A Ordinary Shares of the Issuer through G HSP LLC, a single member limited liability company wholly owned by Gothic HSP. The members of the board of directors of Gothic HSP are appointed by the board of directors of Duke University Health System, Inc. The members of the board of directors of Duke University Health System, Inc. are appointed by the executive committee of the board of trustees of Duke University. DUMAC has been delegated voting and investment power over such Class A Ordinary Shares of the Issuer through an investment management agreement between DUMAC and Gothic HSP and therefore DUMAC may be deemed the beneficial owner of such Class A Ordinary Shares.
F6	Each Reporting Person disclaims beneficial ownership of the Class A Ordinary Shares of the Issuer reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such Class A Ordinary Shares for purposes of Section 16 or for any other purpose.