Dryden Gold Completes $3.38 Million Non-Brokered Private Placement and Strategic Investment by Centerra Gold
Core Viewpoint - Dryden Gold Corp. has successfully completed a C0.24 each and 2,941,176 hard dollar common shares at a price of C3,377,317 [3][4]. - Centerra Gold was the end purchaser of all common shares issued in the offering, and no finder's fees were paid [4]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated to advance exploration activities at Dryden Gold's 70,000-hectare property located in northwest Ontario [5]. Group 3: Strategic Partnership - Dryden Gold and Centerra Gold have entered into an investor rights agreement, granting Centerra certain rights to participate in future equity issuances to maintain its ownership stake in the company [3][4].