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Dryden Gold Corp. Announces Participation in 121 Global Online Conference and Grant of Stock Options

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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.

Positive
  • Participation in 121 Global Online Conference increases visibility.
  • Presentation of 2023-2024 drill program achievements can attract investors.
  • Plans for focused relogging, re-assaying, and field exploration indicate commitment to resource development.
  • Grant of 2,500,000 stock options boosts morale and aligns interests of management, board, advisors, and consultants.
  • Stock options at $0.14 per share present potential for future financial gains for employees.
Negative
  • Stock options could lead to shareholder dilution.
  • No immediate financial gains reported from the recent drill programs.
  • Future work programs and exploration entail costs without guaranteed results.

Vancouver, British Columbia--(Newsfile Corp. - June 11, 2024) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce that it will be participating in the upcoming 121 Global Online Conference taking place on June 12-13, 2024.

Trey Wasser, CEO & Director, as well as Maura Kolb, P. Geo., President of Dryden Gold Corp. will be presenting the Company's recent achievements from the 2023-2024 drill program, as well as outline the plans for the 2024 spring and summer work program which will consist of a focused relogging and re-assaying of historic core, as well as field exploration at the Company's new discovery at Hyndman and the newly acquired Cross River property.

Institutional investors can receive a free pass to 121 Global Online by registering here. Dryden Gold welcome the opportunity for attendees to reach out to management with any questions and review our updated corporate presentation here.

In addition, Dryden Gold is also pleased to announce that it has granted an aggregate of 2,500,000 incentive stock options under the Company's stock option plan to management, board of directors, strategic advisors and consultants of the Company. The options are exercisable at a price of $0.14 per share for a period of 10 years from the date of grant. The options will vest 20% on the date of grant and 20% every six months thereafter for a total period of two years.

ABOUT 121 GLOBAL ONLINE

121's online event series connects portfolio managers and analysts from institutional funds, private equity groups and family offices with mining company management teams for one-to-one, private online meetings. Each online event features 48 hours of one-on-one meetings matching projects to investment capital, they offer a highly efficient use of your time and resources and a global reach that physical events cannot match.

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"). 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 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: twasser@drydengold.com
phone: 940-368-8337

Maura Kolb, M.Sc.. P. Geo., President
Email: mjkolb@drydengold.com
Phone: 807-632-2368

Ashley Robinson, Investor Relations
Email: ir@drydengold.com
X: @DrydenGold

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 : the acquisition of the Property, 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 including receipt of TSX Venture Exchange approval for the acquisition of the Property; 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/212592

FAQ

What event is Dryden Gold Corp. (DRYGF) participating in?

Dryden Gold Corp. is participating in the 121 Global Online Conference on June 12-13, 2024.

What will Dryden Gold Corp. present at the 121 Global Online Conference?

Dryden Gold Corp. will present their recent achievements from the 2023-2024 drill program and outline plans for the 2024 spring and summer work program.

Who will represent Dryden Gold Corp. at the 121 Global Online Conference?

CEO Trey Wasser and President Maura Kolb will represent Dryden Gold Corp. at the conference.

What are the terms of the stock options granted by Dryden Gold Corp. (DRYGF)?

Dryden Gold Corp. granted 2,500,000 stock options exercisable at $0.14 per share, vesting over two years and exercisable for ten years.

What new projects will Dryden Gold Corp. focus on in 2024?

Dryden Gold Corp. will focus on relogging and re-assaying historic core and field exploration at the Hyndman and Cross River properties in 2024.

DRYDEN GOLD CORP

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