Dryden Gold Corp. Engages Matrix Agency Marketing Ltd.
Dryden Gold Corp. Engages Matrix Agency
Marketing Ltd.
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2024) -
Dryden Gold Corp. (TSXV:
DRY)
("
Dryden Gold
" or the "
Company
") is pleased to announce that it has engaged Matrix Agency
Marketing Ltd. ("
Matrix
"), a Vancouver, British Columbia based full- service marketing and consulting
services company focused on the junior metals and mining sector. Matrix will provide a full suite of
marketing services to the Company.
Matrix will initially focus on the redesign of all digital and print communications including the Company's
website and corporate presentation materials. They will assist in planning and budgeting for investor
relations activities for management. Matrix will also communicate directly with existing shareholders,
analysts and prospective investors. They will also assist the Company in expanding its social media
platforms.
Under the terms of the Matrix engagement agreement (the "
Matrix
Agreement
"), the Company has
agreed to pay Matrix $60,000 over the 12-month initial term of the Agreement. An initial pre-payment of
$15,000 has been paid on signing, following which of $5,000 will be payable to Matrix monthly.
No stock
options or other securities of Dryden Gold Corp. are included in the compensation terms of the Matrix
Agreement. However, Matrix may be awarded stock options at some time in the future at the full
discretion of the Board of Directors of Dryden Gold Corp. Matrix and or its affiliates currently hold zero
securities of Dryden Gold Corp. Matrix has also agreed to the Company's insider trading policy and will
observe the Company's trading blackouts. Matrix is at arm's length to Dryden Gold Corp. and has no
other relationship with Dryden Gold Corp., except pursuant to the Matrix Agreement. The Matrix
Agreement is subject to approval of the TSX Venture Exchange.
In addition, the Company has also retained the services of Laura Stein of New York for shareholder and
investor communications. Laura has been providing communications services to the mining industry for
over 30 years. Laura will communicate directly with existing shareholders, analysts and prospective
investors primarily through email, social media and conference participation.
Under the terms of Laura Stein's agreement (the "
Stein Agreement
"), Ms. Stein will receive 250,000
options under the Company's Employee Stock Option Plan ("
ESOP
"). The options are priced at $.22 for
a term of 5 years and will vest quarterly over 12 months. In addition, the Company will pay a portion of
Ms. Stein's expenses for travel, conference fees, office overhead and other third-party costs in
connection with her activities related to Dryden Gold.
Laura Stein and/or her affiliates currently hold zero
securities of Dryden Gold Corp. Ms. Stein is at arm's length to Dryden Gold Corp. and has no other
relationship with Dryden Gold Corp., except pursuant to the Stein Agreement.
The Stein Agreement is subject to approval of the TSX Venture Exchange and the provisions of the
Dryden Gold Stock Option Plan.
Trey Wasser, CEO and Director commented
"As we grow Dryden Gold, the marketing function has
become a key area we intend to focus on as it relates to communicating with existing shareholders
and engaging with potential new investors. We are excited to work with Matrix and Ms. Stein."
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"). 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 &
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 First Nations support and 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
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 stock options; future development plans;
general market conditions affecting junior exploration companies listed on Canadian stock exchanges,
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 regulatory approvals, legal
proceedings; political and regulatory risks associated with mining and exploration; risks related to the
maintenance of stock exchange listings including receipt of TSX Venture Exchange approval; 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.
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https://www.newsfilecorp.com/release/196986