ABOUT DRYDEN GOLD CORP. Vancouver, British Columbia--(Newsfile Corp. - April 23, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") announces that, further to the investor rights agreement dated December 17, 2024, (the "Centerra IRA") between the Company and Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) ("Centerra"), Centerra has issued to the Company notice of their intention to exercise their 'top-up right' as it relates to certain share issuances completed by the Company th ...

Core Viewpoint - Alamos Gold Inc. has entered into a binding agreement to sell its non-core Quartz Mountain Gold Project to Q-Gold Resources Ltd. for total consideration of up to $21 million and a 9.9% equity interest in Q-Gold, aligning with its strategy to monetize non-core assets while focusing on high-return growth projects [2][3]. Transaction Details - The transaction includes $2.85 million in cash and a 9.9% equity stake in Q-Gold upon closing [2]. - Alamos will receive $8.15 million in guaranteed payments, structured as follows: $3.15 million one year after closing, $2.5 million two years after, and $2.5 million three years after [6]. - Additionally, there are $10 million in milestone payments contingent on project developments, including $5 million upon completion of a feasibility study or construction decision, and another $5 million upon receiving key permits [6]. Strategic Rationale - The sale of Quartz Mountain is part of Alamos's strategy to focus on developing high-return growth projects, such as the Phase 3+ Expansion at Island Gold and the Lynn Lake project [3]. - The company expresses confidence in Q-Gold's ability to advance the Quartz Mountain project, indicating a positive outlook for future collaboration as a significant shareholder [3]. Company Overview - Alamos Gold Inc. is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America, including the Island Gold District and the Young-Davidson mine in Canada, and the Mulatos District in Mexico [5]. - The company has a significant portfolio of development-stage projects and employs over 2,400 people, committed to sustainable development practices [5].

Core Viewpoint - Q-Gold Resources Ltd has entered into a share exchange agreement to acquire the Quartz Mountain Project in south-central Oregon, which is expected to enhance its project portfolio significantly [2][10]. Acquisition Details - The acquisition involves purchasing all issued and outstanding shares of 0975828 B.C. Ltd, which holds the Quartz Mountain Project [2][11]. - The Quartz Mountain Project consists of 244 claims covering approximately 2,000 hectares, including 86 unpatented LODE mining claims for Quartz Mountain and 158 unpatented LODE mining claims for Angel's Camp [2][3]. - The project has a 50% interest in Angel's Camp and an option to acquire the remaining 50% and a 100% interest in Quartz Mountain upon completion of permitting and a feasibility study [2][3]. Mineral Resources - The Quartz Mountain Project has undergone approximately 100,000 meters of drilling, revealing significant mineral resources [3][6]. - As of December 31, 2024, the project hosts measured and indicated mineral resources of 12,156,000 tonnes at a grade of 0.87 g/t Au, totaling 339,000 ounces of gold, and inferred mineral resources of 39,205,000 tonnes at a grade of 0.91 g/t Au, totaling 1,147,000 ounces of gold [4][6]. Financial Terms of the Acquisition - The total purchase price includes US$2,850,000 in cash and common shares representing 9.99% of Q-Gold's issued shares at closing, with additional milestone payments totaling up to US$15,000,000 based on project development milestones [13][16]. - Milestone payments include US$3,150,000 on the first anniversary, US$2,500,000 on the second anniversary, and US$5,000,000 upon completion of a feasibility study or construction decision [16]. Strategic Importance - The acquisition is seen as a strategic move to capitalize on the rising gold prices, with expectations of prices exceeding US$3,000 per ounce [10]. - The project complements Q-Gold's existing Mine Centre property in Ontario, which has historical significance and potential for further exploration [10][19].

Core Viewpoint - GFG Resources Inc. is conducting a private placement to raise up to C$2.5 million, with Alamos Gold Inc. committing to maintain a 10.8% interest in the company through this offering [1][2]. Group 1: Offering Details - The offering will consist of up to 9,201,325 Premium Units priced at C$0.2717 each, with each unit comprising one common share and one-half of a share purchase warrant [2]. - Each whole warrant allows the holder to acquire an additional common share at an exercise price of C$0.28 for 24 months from issuance [2]. - The offering is expected to close around May 2, 2025, pending necessary approvals [4]. Group 2: Financial Implications - The financing will enhance GFG's exploration efforts and improve its financial position, enabling the company to capitalize on opportunities and create shareholder value [2]. - The company may pay finder's fees of up to 6% on a portion of the offering [4]. Group 3: Regulatory and Compliance Aspects - The Premium Units will be offered to accredited investors and other qualifying jurisdictions under National Instrument 45-106, with no hold period for the securities issued [5]. - Certain insiders are expected to participate in the offering, which will be treated as a related party transaction under Multilateral Instrument 61-101 [6].

Core Points - Alamos Gold Inc. plans to release its first quarter 2025 financial results after market close on April 30, 2025 [1] - A conference call to discuss the results will be held on May 1, 2025, at 11:00 am ET [1] - The Annual General and Special Meeting of Shareholders is scheduled for May 29, 2025, at 4:00 pm ET [3] Financial Results and Conference Call - The first quarter 2025 financial results will be released after market close on April 30, 2025 [1] - Participants can join the conference call via webcast or dial-in numbers, with a playback available until June 1, 2025 [2] Annual General and Special Meeting - The record date for determining eligible shareholders is April 15, 2025 [4] - The meeting will be held virtually, providing a corporate update and an informal Q&A session [3] Company Overview - Alamos Gold is a Canadian-based intermediate gold producer with operations in North America, including the Island Gold District and Young-Davidson mine in Ontario, and the Mulatos District in Mexico [5] - The company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold and the Lynn Lake project in Manitoba [5] - Alamos employs over 2,400 people and is committed to sustainable development [5]

All amounts are in United States dollars, unless otherwise stated. TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) ("Alamos" or the "Company") today announced that it has filed its annual information form and 2024 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2024, with the SEC on EDGAR as well as the Canadian securities authorities on SEDAR+. These documents are also available at www.alamosgold.com and a hard copy wil ...

Dryden Gold Corp Makes Final Property Payment to Alamos GoldMarch 18, 2025 11:15 AM EDT | Source: Dryden Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - Dryden Gold Corp. (TSXV: DRY) ("Dryden Gold" or the "Company") is pleased to announce that it has notified Alamos Gold Inc. ("Alamos") (NYSE: AGI) that the Company has fulfilled its remaining obligations under the Option Agreement, dated April 20, 2022, between Dryden Gold and Manitou Gold Inc., a wholly owned subsid ...

Core Viewpoint - The emergence of artificial general intelligence (AGI) is anticipated within the next five to ten years, according to Demis Hassabis, CEO of Google DeepMind, who emphasizes that current AI systems are still limited in their capabilities [2][3]. Group 1: Predictions on AGI Timeline - Demis Hassabis predicts that AGI will start to emerge in the next five to ten years, highlighting the need for further research to enhance AI capabilities [2][3]. - Other industry leaders have varying predictions, with Baidu's CEO Robin Li suggesting AGI is "more than 10 years away," contrasting with more optimistic views from others like Dario Amodei of Anthropic, who sees advancements in "the next two or three years" [4][5]. - Cisco's Chief Product Officer Jeetu Patel believes AGI could be evident as soon as 2025, indicating a more immediate timeline compared to Hassabis [6][7]. Group 2: Challenges in Achieving AGI - Hassabis identifies the primary challenge in achieving AGI as the need for AI systems to understand real-world context, which is more complex than performing tasks in controlled environments like games [8][9]. - The development of "multi-agent" AI systems is gaining traction, which could facilitate better communication and cooperation among AI agents, a necessary step towards achieving AGI [10][12]. - DeepMind's work on AI agents in games like "Starcraft" illustrates the progress being made in developing agent-based systems that can compete and cooperate, which is essential for real-world applications [11].

ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpab ...

Shares of Alamos Gold Inc. (AGI) scaled a new 52-week high of $24.59 on Friday before ending the session slightly lower at $23.77. The increase was fueled by rising gold prices and AGI’s solid fourth-quarter results.Alamos Gold currently has a market capitalization of $10.05 billion and a Zacks Rank #3 (Hold).What’s Aiding Alamos Gold Stock?Solid Q4 & 2024 Results: AGI posted adjusted earnings of 25 cents per share in the fourth quarter of 2024, beating the Zacks Consensus Estimate of 21 cents. The bottom l ...