Dryden Gold Corp (TSE:DRY) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Dryden Gold Corp. has successfully completed a $3.38 million private placement, with Centerra Gold acquiring a 9.9% stake in the company. The funds will be used for exploration activities at Dryden Gold’s property in northwest Ontario, aimed at uncovering high-grade gold mineralization. This strategic investment highlights Centerra’s interest in Dryden Gold’s promising exploration potential.
For further insights into TSE:DRY stock, check out TipRanks’ Stock Analysis page.