Dryden Gold Corp. [TSX-V: DRY) (OTCQB: DRYGF) (FSE: X7W] is pleased to announce that it will be increasing the previously announced (January 8, 2026) non-brokered equity financing. Under the Upsized Offering, the Company will issue 4,350,000 charity flow-through common shares at a price of $0.425 per CFT Share for aggregate gross proceeds of $1,849,185.

The CFT Shares will qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) and “Ontario focused flow-through shares” as defined in the Taxation Act, 2007 (Ontario). No finders’ fees will be paid in connection with the Offering.  The Offering is subject to the approval of the TSX Venture Exchange.

An amount equal to the gross proceeds from the issuance of the CFT Shares will be used to incur eligible resource exploration expenses which will qualify as (i) “Canadian exploration expenses” (as defined in the Tax Act), (ii) as “flow-through mining expenditures” (as defined in subsection 127(9) of the Tax Act); and as “eligible Ontario exploration expenditures” within the meaning of the Ontario Tax Act. All Qualifying Expenditures will be renounced in favor of the subscribers for the CFT Shares effective on or before December 31, 2026.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 

ABOUT DRYDEN GOLD CORP.

Dryden Gold is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX-V (“DRY”) and traded on the OTCQB (“DRYGF”) and FSE (“X7W”). The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100% interest in a dominant strategic land position in the Dryden District of Northwestern Ontario. Our property package includes historic gold mines but has seen limited modern exploration. The property hosts high-grade gold mineralization over 50km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce.