Dryden Gold Provides an Update on Warrant Exercise Including EuroPac Gold Fund and Delbrook Capital Advisors

Core Points - Dryden Gold Corp. has reported that 14,681,130 out of 38,489,148 warrants have been exercised, generating gross proceeds of $4,404,339 [1] - The exercised warrants are priced at $0.30 and will expire on December 28, 2025 [1] - Following the warrant exercises, the company has 207,960,506 common shares outstanding [1] Shareholder Activity - EuroPac Gold Fund has exercised 7,300,000 warrants, increasing its total shareholding to 12,350,000 shares, representing 5.94% of the outstanding shares [2] - Delbrook Capital Advisors has exercised 6,829,270 warrants, bringing its total shareholding to 23,553,205 shares, or 11.33% of the outstanding shares [2] - The Board of Directors has approved Delbrook Capital Advisors as an insider of the company [2] Financial Outlook - The company currently has a treasury of $8,800,000, which will support an expanded exploration program in 2026 [4] - There is potential for additional warrants to be exercised before the expiration date, which could further enhance the company's treasury [4] Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and is listed on the TSX Venture Exchange, OTCQB, and Frankfurt Exchange [6] - The company controls a 100% interest in a strategic land position in the Dryden District of Northwestern Ontario, which includes historic gold mines with limited modern exploration [6] - The property has high-grade gold mineralization over a potential strike length of 50 km along the Manitou-Dinorwic deformation zone and benefits from excellent infrastructure and relationships with First Nations communities [6]