Dryden Gold raises $9.6M in equity financing to fund exploration in Northwestern Ontario.

Dryden Gold Corp. closed a $9.6 million non-brokered equity financing by issuing over 22.7 million common shares, including flow-through and charity flow-through shares. Major investors Centerra Gold and Alamos Gold maintained their stakes by purchasing shares in the offering. The funds will be used to advance drilling and exploration on Dryden's 90,000-hectare property in Northwestern Ontario, targeting high-grade gold mineralization. The shares are subject to regulatory approval and a hold period under Canadian securities laws.