Dryden Gold Corp. reports news on high-grade gold exploration in the Dryden District of Northwestern Ontario. The company controls a 100% interest in a strategic land position that includes historic gold mines and mineralization along the Manitou-Dinorwic deformation zone.
Recurring updates for DRYGF include drill results and new zones at Gold Rock and the Big Master Gold System, regional gold-in-till exploration, Hyndman project work, property expansion, equity financing activity, and trading-market status, including the company’s OTCQX quotation.
Dryden Gold Corp. (TSXV: DRY, OTCQB: DRYGF) has amended its stock option grant announced on June 11, 2024. The number of incentive stock options granted has been reduced from 2,500,000 to 2,250,000. These options are awarded to the company's management, board of directors, strategic advisors, investor relations service providers, and consultants. The terms remain unchanged: exercisable at $0.14 per share for 10 years, with options vesting 20% on the grant date and 20% every six months over two years.
Dryden Gold Corp. (TSXV: DRY, OTCQB: DRYGF) will participate in the 121 Global Online Conference on June 12-13, 2024. CEO Trey Wasser and President Maura Kolb will present the company's recent achievements from its 2023-2024 drill program and outline plans for the 2024 spring and summer work program. These plans include relogging and re-assaying historic core and field exploration at Hyndman and Cross River properties. Additionally, Dryden Gold has granted 2,500,000 incentive stock options to its management, board, advisors, and consultants. These options are priced at $0.14 per share, vesting over two years, and exercisable for ten years.
Dryden Gold Corp. (TSXV: DRY, OTCQB: DRYGF) has officially begun trading on the OTCQB Marketplace in the US, effective May 30, 2024. The company's shares are also DTC eligible, streamlining trading across a broader range of US brokerage firms. CEO Trey Wasser emphasized the move's potential to increase liquidity and attract a larger US investor base. Additionally, Dryden Gold has engaged Insight Capital Partners and ICP Securities for market making and capital markets consulting services, with a monthly fee of $10,000. The company ended its market-making agreement with PIU Financial Corp. as of May 30, 2024.