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Dryden Gold upsizes placement to C$9.7M
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Dryden Gold upsizes placement to C$9.7M
Dryden Gold (DRY.V) has no issues raising money these days as the company recently announced it upsized its private placement to 23 million shares for total proceeds of C$9.7M. The company plans to issue up to 16.2M flow-through shares at C$0.41 while an additional 6.8 million charity flow-through shares will be sold at C$0.452. Both Centerra Gold and Alamos Gold will invest on a pro rata basis to maintain their respective positions of 9.9% and …
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