Dryden Gold Corp (TSE:DRY) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.