Dryden Gold Announces Final Warrant Exercises
Dryden Gold Announces Final Warrant
Exercises
Vancouver, British Columbia--(Newsfile Corp. - December 30, 2025) -
Dryden Gold Corp. (TSXV:
DRY) (OTCQB: DRYGF) (FSE: X7W]
("
Dryden Gold
" or the "
Company
") is pleased to report that,
effective as of December 29, 2025, an aggregate of 19,708,569 of the 38,489,148 (51%) warrants
issued in connection with the Company's listing on the TSX Venture Exchange effective December 28,
2023 (the "
2023 Warrants
") have been exercised for gross proceeds of $5,912,570. The 2023
Warrants were exercisable at $0.30 and expired on December 28, 2025. With the 2023 Warrant
exercises complete, as of the date hereof, the Company has 213,134,590 common shares outstanding
(the "
Shares"
) and currently has $9,750,000 cash on hand.
As previously reported, in a press release dated
December 15, 2025
the Warrant exercises included
two major shareholders, EuroPac Gold Fund ("
EuroPac
") and Delbrook Capital Advisors ("
Delbrook
").
These exercises resulted EuroPac having control and direction over 5.79% and Delbrook having control
and direction over 11.05% of the Shares current outstanding, as at the date hereof.
Bunt Capital Corp. acted as a strategic advisor to the Company regarding the Warrant exercise.
Trey Wasser, CEO, commented, "We are pleased with the percentage of Warrants exercised and wish
to thank all our loyal shareholders who participated. With our enhanced treasury we will be significantly
expanding our 2026 exploration program. Drilling for the 2026 program has already begun at Gold Rock,
Sherridon and Hyndman. We expect to have initial results beginning in mid-January and with the large
Warrant overhang removed, the Shares should now trade based solely on our exploration results."
ABOUT DRYDEN GOLD CORP.
Dryden Gold Corp. is an exploration company focused on the discovery of high-grade gold
mineralization listed on the TSX Venture Exchange ("DRY") and on the OTCQB marketplace ("DRYGF")
and ("X7W") on the Frankfurt Exchange. 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. Dryden Gold's 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.
For more information go to our website
www.drydengold.com
.
CONTACT INFORMATION
Trey Wasser, CEO
Email:
Phone: 940-368-8337
Ashley Robinson, Investor Relations
Email:
X:
@DrydenGold
Maura Kolb, M.Sc.. P. Geo., President
Email:
Phone: 807-632-2368
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
.
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains "forward-looking statements" within the meaning of applicable
securities legislation. Forward-looking statements include, but are not limited to, statements with respect
to: receipt of corporate and regulatory approvals, issuance of common shares; future development plans;
future acquisitions; exploration programs; and the business and operations of Dryden Gold. Forward-
looking statements relate to information that is based on assumptions of management, forecasts of
future results, and estimates of amounts not yet determinable. Any statements that express predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often
but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or
variations of such words and phrases or stating that certain actions, events or results "may" or "could",
"would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may
be "forward-looking statements." Forward-looking statements are subject to a variety of risks and
uncertainties which could cause actual events or results to differ from those reflected in the forward-
looking statements, including, without limitation: risks related to failure to obtain adequate financing on a
timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and
regulatory risks associated with mining and exploration; risks related to the maintenance of stock
exchange listings; risks related to environmental regulation and liability; the potential for delays in
exploration or development activities; the uncertainty of profitability; risks and uncertainties relating to the
interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the
inherent uncertainty of production and cost estimates and the potential for unexpected costs and
expenses; the possibility that future exploration, development or mining results will not be consistent with
the Company's expectations; risks related to commodity price fluctuations; and other risks and
uncertainties related to the Company's prospects, properties and business detailed elsewhere in Dryden
Gold's and the Company's disclosure record. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements. Investors are cautioned against attributing undue
certainty to forward--looking statements. These forward-looking statements are made as of the date
hereof and Dryden Gold and the Company do not assume any obligation to update or revise them to
reflect new events or circumstances. Actual events or results could differ materially from Dryden Gold's
and the Company's expectations or projections.
UNITED STATES ADVISORY. The securities referred to herein have not been and will not be registered
under the United States Securities Act of 1933, as amended (the "
U.S. Securities Act
"), have been
offered and sold outside the United States to eligible investors pursuant to Regulation S promulgated
under the U.S. Securities Act, and may not be offered, sold, or resold in the United States or to, or for the
account of or benefit of, a U.S.
person (as such term is defined in Regulation S under the United States
Securities Act) unless the securities are registered under the U.S. Securities Act, or an exemption from
the registration requirements of the U.S. Securities Act is available. Hedging transactions involving the
securities must not be conducted unless in accordance with the U.S. Securities Act. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be
any sale of securities in the state in the United States in which such offer, solicitation or sale would be
unlawful.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES
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