Vancouver, British Columbia--(Newsfile Corp. - August 28, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") is pleased to announce that it has significantly strengthened its technical team with the addition of two new strategic advisors to its board of directors, Dr. Ben Frieman, PhD and Gary Baschuk B.SC.
Dr Frieman will add his expertise in structural interpretation, tectonics and economic geology. He is currently engaged in applied research in these fields at the Colorado School of Mines, Golden CO. His 15-year academic career also includes the University of Maine and Laurentian University. At Laurentian, Dr. Frieman was a post-doctoral fellow & research associate at the Mineral Exploration Research Centre, Harquail School of Earth Science ("Metal Earth") where he led the most comprehensive recent appraisal of the geology of the Manitou Area, now the Dryden Gold District, from 2018-2021. His expertise on the formation of gold systems and specifically the Dryden Gold property will aid in more informed targeting strategies and further support continued exploration success.
Mr. Baschuk has almost 40 years of industry experience as an Investment Banker/Mining Analyst/Geologist. He has spent the past 19 years in Capital Markets and over 20 years in the Mining Industry. His analytical focus has been on small to mid-sized exploration, development and production precious metals companies. Industrial experience, all with Barrick Gold, ranged from early-stage exploration across northern Ontario, Manitoba and Quebec plus development and production on two Mines, the Holt-McDermott in northern Ontario and the Rodeo/Griffin (part of the Meikle Mine at the Goldstrike Mine Complex) in Nevada.
The Company also announces that the Board of Directors has granted 200,000 stock options to Dr. Frieman and 200,000 stock options to Mr. Baschuk (the "Options"). The Options are exercisable at a price of $0.25 per common share for a period of 10 years from the date of grant and will vest 25% every six months from the date of grant for a total period of two years.
Under the same terms, the Company has also granted an aggregate of 300,000 stock options to employees of the Company.
The granting of Options is subject to acceptance by the TSX Venture Exchange.
The Company would also like to announce that 300,000 stock options previously announced in a press release on May 7, 2025, were not issued.
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.
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 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 Ashley Robinson, Investor Relations Email: ir@drydengold.com X: @DrydenGold | Maura Kolb, M.Sc.. P. Geo., President Email: mjkolb@drydengold.com Phone: 807-632-2368 |
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; 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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