Business
Dryden Gold Provides an Update on Warrant Exercise Including EuroPac Gold Fund and Delbrook Capital Advisors
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") ...
About this update from Dryden Gold Corp
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") is pleased to report that to date, 14,681,130 of the 38,489,148 warrants issued in connection with the Company's listing on the TSX Venture Exchange effective December 28, 2023 have been exercised for gross proceeds of $4,404,339. The 2023 warrants are exercisable at $.30 and expire on December 28, 2025 (the "Warrants"). With the Warrant exercises to date, the Company has 207,960,506 common shares outstanding (the "Shares").","length":634,"tagName":"p"},{"type":"text","content":"EUROPAC GOLD FUND AND DELBROOK CAPITAL ADVISORSIncluded in the Warrant exercises to date are the EuroPac Gold Fund, who previously held 5,050,000 common Shares of the Company has exercised 7,300,000 Warrants resulting in them having control and direction over an aggregate of 12,350,000 Shares or 5.94% of the Shares current outstanding Shares as at the date hereof. In addition, Delbrook Capital Advisors, who manage funds controlling 16,723,935 Shares, has exercised 6,829,270 Warrants resulting in those funds having control and direction over an aggregate of 23,553,205 or 11.33% of the Shares current outstanding, as at the date hereof. The Board of Directors of the Company has approved Delbrook Capital Advisors becoming an insider of the Company, as that term is defined under applicable securities laws.","length":813,"tagName":"p"},{"type":"text","content":"Bunt Capital Corp. acted as a strategic advisor to the Company regarding the Warrant exercise.","length":94,"tagName":"p"},{"type":"text","content":"Trey Wasser, CEO, commented on the Warrants, "We are pleased to see the continued support from two of our largest shareholders. With a current treasury of $8,800,000 we will be significantly expanding our 2026 exploration program. With the Warrants expiring December 28 it is possible that additional Warrants may be exercised which would further enhance our treasury. Again, I would like to thank our entire team and our loyal shareholders for a very successful year."","length":479,"tagName":"p"},{"type":"text","content":"EARLY WARNING REPORT BY DELBROOK CAPITAL ADVISORS INC.An early warning report in respect of acquisition of Shares by Delbrook Ca...