Dryden gold corp issues share property payment and engages icp securities inc. for automated market making services

Vancouver, british columbia--(newsfile corp. - april 22, 2024) - dryden gold corp. (tsxv: dry) ("dryden gold" or the "company") is pleased to announce that, subject to receipt of final tsx venture exchange ("tsxv") approval, it will issue an aggregate of 6,377,551 common shares (the "shares") at a deemed price $0.1568 per share to alamos gold inc. (nyse: agi) ("alamos") to satisfy a april 20, 2024, $1,000,000 property payment (the "property payment") on its dryden gold property located in northwest ontario (the "dryden property"). the shares are being issued in accordance with dryden gold and manitou gold inc's (a wholly owned subsidiary of alamos) option agreement dated april 20, 2022, as amended, (the "dryden option agreement") and are based on the 20-day volume weighted price of the company's common shares on the tsxv.
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