Dryden Gold Corp. Announces Upsizing of Previously Announced Equity Financing

Core Viewpoint - Dryden Gold Corp. is increasing its non-brokered equity financing, issuing 4,350,000 charity flow-through common shares at a price of $0.425 per share, resulting in gross proceeds of $1,849,185 [1]. Financing Details - The charity flow-through shares (CFT Shares) will qualify as "flow-through shares" under Canadian tax law and "Ontario focused flow-through shares" as defined in the Ontario Tax Act [2]. - No finders' fees will be paid in connection with the offering, which is subject to approval from the TSX Venture Exchange [2]. Use of Proceeds - The gross proceeds from the issuance of CFT Shares will be allocated to eligible resource exploration expenses, qualifying as Canadian exploration expenses and flow-through mining expenditures [3]. - All qualifying expenditures will be renounced in favor of the subscribers for the CFT Shares effective on or before December 31, 2026 [3]. Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and is listed on the TSX Venture Exchange, OTCQB, and FSE [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 hosts 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].