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Dryden Gold Secures Strategic Investment from Centerra

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

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Dryden Gold Corp has secured a strategic investment from Centerra Gold Inc. through a $3.38 million non-brokered private placement, which will see Centerra acquire a 9.9% stake in Dryden Gold. The funds raised will advance exploration at Dryden Gold’s property in northwest Ontario, fully financing the company’s exploration initiatives through 2025.

For further insights into TSE:DRY stock, check out TipRanks’ Stock Analysis page.

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