- September 10, 2024
- Posted by: legaleseblogger
- Category: Related News
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Dryden Gold Corp. Engages MI3 Financial Communications for Enhanced Investor Relations
Vancouver, British Columbia – (Newsfile Corp. – September 10, 2024) – Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is excited to announce a strategic partnership with MI3 Financial Communications ("MI3"), a reputable full-service marketing and consulting firm based in Montreal, Quebec. MI3 specializes in the junior metals and mining sector, and their expertise will significantly enhance Dryden Gold’s investor relations and marketing capabilities.
Focus on Market Awareness and Communication
MI3 is set to prioritize the development of a comprehensive market awareness program targeted at elevating the Company’s profile amongst investors and stakeholders. This initiative will include direct engagement with existing shareholders and potential investors through regular monthly video conferences. Importantly, representatives from MI3 will also attend industry conferences to build personal connections and further promote Dryden Gold’s initiatives. In addition to these efforts, MI3 will enhance the Company’s presence across various social media platforms, ensuring a broader reach and engagement.
Financial Terms of the Engagement
According to the MI3 engagement agreement (the "MI3 Agreement"), Dryden Gold has committed to compensating MI3 with a total fee of $60,000 within the initial twelve-month term of the Agreement. An upfront payment of $5,000 has already been made upon signing, followed by monthly installments of $5,000. Furthermore, MI3 will be granted 300,000 options under the Company’s Employee Stock Option Plan, priced at $0.135 and set to vest quarterly over the span of one year. The Company will also cover some of MI3’s expenses related to travel, conference attendance, and other associated costs.
It is noteworthy that MI3 and its affiliates currently hold no securities in Dryden Gold Corp. and do not plan any immediate acquisitions; however, they may consider buying or selling securities depending on market conditions in the future. MI3 has agreed to adhere to Dryden Gold’s insider trading policy and will observe all trading blackouts. The engagement is strictly at arm’s length, emphasizing professionalism in the partnership.
The MI3 Agreement is contingent upon receiving approval from the TSX Venture Exchange.
CEO Statement on the Partnership
Trey Wasser, CEO and Director of Dryden Gold, remarked on this significant development: "As we grow Dryden Gold, the marketing function has become a key area we intend to focus on as it relates to communicating with existing shareholders and engaging with potential new investors. We are excited to work with MI3 and their staff to maximize our outreach and strengthen our connections within the investment community."
Overview of Dryden Gold Corp.
Dryden Gold Corp. is a dedicated exploration company that is focused on the discovery and development of high-grade gold mineralization. It is listed on the TSX Venture Exchange under the ticker DRY and is traded on the OTCQB with the symbol DRYGF. The management team boasts a wealth of experience and a proven track record in enhancing shareholder value through strategic property acquisitions, successful exploration projects, and beneficial mergers.
Dryden Gold holds a 100% interest in a substantially advantageous land position in the Dryden District of Northwestern Ontario. The company recognizes and respects all Indigenous Peoples, operating on the traditional lands of the Wabigoon Lake Ojibway Nation and Eagle Lake First Nation. The property package of Dryden Gold is extensive, including historic gold mines that have seen minimal modern exploration. Notably, the property is noted for high-grade gold mineralization across a potential strike length of over 50 kilometers along the Manitou-Dinorwic deformation zone. Dryden Gold enjoys excellent infrastructure, positive relationships with First Nations communities, and is well-positioned near skilled mining professionals.
How AI legalese decoder Can Help
In light of the complexities surrounding the MI3 Agreement and the various legal implications tied to investor relations, the AI legalese decoder can be invaluable to involved parties. This tool makes it easier for stakeholders (including management and potential investors) to intuitively understand and interpret legal language and terms within contracts like the MI3 Agreement. By translating dense legal jargon into clear and concise language, it can assist in ensuring compliance with regulations and facilitate effective communication regarding terms and responsibilities, thereby fostering a stronger partnership and minimizing potential legal risks for both Dryden Gold and MI3.
Additional Information
For further information and updates, please visit our official website: www.drydengold.com.
Contact Information
-
Trey Wasser, CEO
Email: [email protected]
Phone: 940-368-8337 -
Maura Kolb, M.Sc., P. Geo., President
Email: [email protected]
Phone: 807-632-2368 -
Ashley Robinson, Investor Relations
Email: [email protected]
X: @DrydenGold
Disclaimer: Neither the TSX Venture Exchange nor its Regulation Services Provider accepts any responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
The information provided herein contains "forward-looking statements" as defined in applicable securities legislation. These statements encompass various aspects, including, but not limited to, future development plans, potential acquisitions, and exploration initiatives associated with Dryden Gold. Such statements rely on management assumptions and forecasts about future results and are subject to a range of risks and uncertainties that could cause actual outcomes to differ significantly from those predicted.
Investors should be wary of placing excessive certainty on forward-looking statements, which are made as of the current date. Dryden Gold does not undertake any obligation to revise or update these statements in light of new events or circumstances.
For further details on risks and the potential variability of results, please refer to the Company’s disclosure record.
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