Dryden Gold Reports Notice of Top-Up Right from Centerra Gold & Highlights 2026 Exploration Plans

Core Viewpoint - Dryden Gold Corp. announces significant developments including a top-up right exercise by Centerra Gold and a non-brokered private placement aimed at funding exploration activities in 2026 [1][3]. Group 1: Centerra Gold's Top-Up Right - Centerra Gold intends to exercise its 'top-up right' to maintain a 9.99% interest in Dryden Gold, subject to TSX Venture Exchange approval [1]. - This action is in accordance with the investor rights agreement dated December 17, 2024, between Dryden Gold and Centerra Gold [1]. Group 2: Private Placement Offering - Dryden Gold is conducting a non-brokered private placement of 2,350,000 charity flow-through common shares at a price of $0.425 per share, aiming for gross proceeds of $998,985 [3]. - The proceeds will be allocated to eligible resource exploration expenses qualifying under Canadian tax regulations [4]. Group 3: Exploration Plans for 2026 - The company plans to significantly expand its exploration program in 2026, with drilling estimated at 23,000 to 25,000 meters and a budget increase of 75-100% [5][6]. - The exploration efforts will focus on expanding the district-scale potential of its 70,000-hectare land package in northwest Ontario [6]. Group 4: Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and controls a strategic land position in the Dryden District of Northwestern Ontario [9]. - The property includes historic gold mines and has potential for high-grade mineralization along a 50 km strike length [9].