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Dryden Gold Corp. Engages MI3 Financial Communications

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Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) has engaged MI3 Financial Communications to provide investor relations and marketing services. MI3 will design a market awareness program, communicate with shareholders and analysts, and assist with social media expansion. The 12-month agreement includes a $60,000 payment and 300,000 stock options for MI3. Options are priced at $0.135 with a 5-year term, vesting quarterly. Dryden Gold will also cover some of MI3's expenses. The agreement and stock options are subject to TSX Venture Exchange approval. CEO Trey Wasser emphasized the importance of marketing in communicating with existing and potential investors as the company grows.

Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ha affidato a MI3 Financial Communications i servizi di relazioni con gli investitori e marketing. MI3 progetterà un programma di consapevolezza del mercato, comunicherà con azionisti e analisti, e assisterà nell'espansione dei social media. Il contratto di 12 mesi include un pagamento di $60.000 e 300.000 opzioni su azioni per MI3. Le opzioni sono valutate a $0.135 con un termine di 5 anni, con vesting trimestrale. Dryden Gold coprirà anche alcune spese di MI3. L'accordo e le opzioni su azioni sono soggetti all'approvazione della Borsa di Toronto, nel settore Venture. Il CEO Trey Wasser ha sottolineato l'importanza del marketing nella comunicazione con gli investitori esistenti e potenziali mentre l'azienda cresce.

Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ha contratado a MI3 Financial Communications para proporcionar servicios de relaciones con inversores y marketing. MI3 diseñará un programa de concienciación del mercado, se comunicará con accionistas y analistas, y ayudará con la expansión de redes sociales. El contrato de 12 meses incluye un pago de $60,000 y 300,000 opciones de acciones para MI3. Las opciones están valoradas en $0.135 con un plazo de 5 años, con derecho a adquirirlas trimestralmente. Dryden Gold también cubrirá algunos gastos de MI3. El contrato y las opciones de acciones están sujetos a la aprobación de la Bolsa de Comercio de Toronto, en el sector Venture. El CEO Trey Wasser enfatizó la importancia del marketing en la comunicación con inversores existentes y potenciales a medida que la empresa crece.

드라이든 골드 코프(Dryden Gold Corp.) (TSXV: DRY) (OTCQB: DRYGF)는 MI3 금융 커뮤니케이션(MI3 Financial Communications)을 계약하여 투자자 관계 및 마케팅 서비스를 제공하도록 했습니다. MI3는 시장 인식 프로그램을 설계하고, 주주 및 애널리스트와 소통하며, 소셜 미디어 확장을 지원할 것입니다. 12개월 계약에는 MI3를 위한 $60,000 지불300,000 주식 옵션이 포함됩니다. 옵션은 $0.135로 가격이 책정되며, 5년 기간 동안 분기별로 귀속됩니다. 드라이든 골드는 MI3의 일부 비용도 부담할 것입니다. 계약과 주식 옵션은 TSX 벤처 거래소의 승인에 따라 달라집니다. CEO 트레이 와서(Trey Wasser)는 회사가 성장함에 따라 기존 및 잠재적 투자자와의 소통에서 마케팅의 중요성을 강조했습니다.

Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) a engagé MI3 Financial Communications pour fournir des services de relations investisseurs et de marketing. MI3 concevra un programme de sensibilisation au marché, communiquera avec les actionnaires et les analystes, et aidera à l'expansion des médias sociaux. Le contrat de 12 mois comprend un paiement de 60 000 $ et 300 000 options d'actions pour MI3. Les options sont évaluées à 0,135 $ avec une durée de 5 ans, acquises trimestriellement. Dryden Gold prendra également en charge certaines dépenses de MI3. Le contrat et les options d'actions sont soumis à l'approbation de la Bourse de Toronto, dans le secteur du capital-risque. Le PDG Trey Wasser a souligné l'importance du marketing dans la communication avec les investisseurs existants et potentiels à mesure que l'entreprise se développe.

Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) hat MI3 Financial Communications beauftragt, um Investor Relations und Marketingdienste bereitzustellen. MI3 wird ein Marktaufklärungsprogramm entwerfen, mit Aktionären und Analysten kommunizieren und bei der Expansion in sozialen Medien helfen. Der 12-monatige Vertrag umfasst eine Zahlung von $60.000 und 300.000 Aktienoptionen für MI3. Die Optionen sind mit $0.135 bewertet und haben eine Laufzeit von 5 Jahren, mit vierteljährlicher Ausübung. Dryden Gold wird außerdem einige der Ausgaben von MI3 übernehmen. Der Vertrag und die Aktienoptionen unterliegen der Genehmigung der TSX Venture Exchange. CEO Trey Wasser betonte die Wichtigkeit des Marketings bei der Kommunikation mit bestehenden und potenziellen Investoren, während das Unternehmen wächst.

Positive
  • Engagement of professional investor relations and marketing services
  • Potential for improved market awareness and investor communication
  • Structured payment plan with performance-based stock options
Negative
  • Additional expenses of $60,000 over 12 months for marketing services
  • Potential dilution from 300,000 stock options granted to MI3

Vancouver, British Columbia--(Newsfile Corp. - September 10, 2024) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce that it has engaged MI3 Financial Communications ("MI3"), a Montreal, Quebec based full- service marketing and consulting services company focused on the junior metals and mining sector. MI3 will provide a full suite of investor relations and marketing services to the Company.

MI3 will initially focus on the design of a market awareness program for the Company. MI3 will also communicate directly with existing shareholders, analysts and prospective investors in monthly video conferences and personally at industry conferences. They will also assist the Company in expanding its social media platforms.

Under the terms of the MI3 engagement agreement (the "MI3 Agreement"), the Company has agreed to pay MI3 $60,000 over the 12-month initial term of the Agreement. An initial pre-payment of $5,000 has been paid on signing, following which of $5,000 will be payable to MI3 monthly. MI3 will receive 300,000 options under the Company's Employee Stock Option Plan. The options are priced at $0.135 for a term of 5 years and will vest quarterly over 12 months. In addition, the Company will pay a portion of MI3's expenses for travel, conference fees, office overhead and other third-party costs in connection with their activities related to Dryden Gold. MI3 may also be awarded stock options at some time in the future at the full discretion of the Board of Directors of Dryden Gold Corp. MI3 and or its affiliates currently hold zero securities of Dryden Gold Corp. and, have no present intention to acquire additional securities of the Company, but may in the future acquire or dispose of securities of the Company, as market conditions warrant. MI3 has agreed to the Company's insider trading policy and will observe the Company's trading blackouts. MI3 is at arm's length to Dryden Gold Corp. and has no other relationship with Dryden Gold Corp., except pursuant to the MI3 Agreement. The MI3 Agreement and grant of stock options remain subject to approval of the TSX Venture Exchange.

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 MI3 and their staff."

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 traded on the OTCQB under the symbol 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 acknowledges all Indigenous Peoples and that it is operating on the traditional homelands of the Wabigoon Lake Ojibway Nation and Eagle Lake First Nation. 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: 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 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 affect actual events or results to differ from those reflected in the forward-looking statements including, 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 conditioned 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/222790

FAQ

What services will MI3 Financial Communications provide to Dryden Gold Corp. (DRYGF)?

MI3 will provide investor relations and marketing services, including designing a market awareness program, communicating with shareholders and analysts, assisting with social media expansion, and participating in industry conferences.

How much will Dryden Gold Corp. (DRYGF) pay MI3 for their services?

Dryden Gold Corp. will pay MI3 $60,000 over the 12-month initial term of the agreement, with an initial pre-payment of $5,000 and subsequent monthly payments of $5,000.

What stock options were granted to MI3 by Dryden Gold Corp. (DRYGF)?

MI3 will receive 300,000 stock options priced at $0.135 with a 5-year term, vesting quarterly over 12 months.

When did Dryden Gold Corp. (DRYGF) announce the engagement of MI3 Financial Communications?

Dryden Gold Corp. announced the engagement of MI3 Financial Communications on September 10, 2024.

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