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Dryden Gold Gains $3.38M Investment from Centerra

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Dryden Gold Corp (TSE:DRY) has released an update.

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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.

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