Dryden Gold Corp (DRY) Financings
TSXV: DRY · Gold · Exploration stage
- Market cap$38.9M
- Share price$0.155
- 52-week range$0.150 – $0.480
- Shares outstanding251,186,222
- ExchangeTSXV
- Websitedrydengold.com
Dryden Gold is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX-V (' DRY ') and traded on the OTCQX (' DRYGF ') and FSE (' X7W '). The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls 100% interest in mining claims in a dominant strategic land position in the Dryden District of Northwestern Ontario. The property hosts high-grade gold mineralization over 50km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce. Dryden Gold is committed to building respectful, collaborative relationships with Indigenous Nations and communities throughout our area of operations. We recognize the importance of ongoing dialogue, mutual understanding, and meaningful engagement as we advance our exploration activities.
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Dryden Gold Corp financial statements
Key figures read from 19 of 19 financial statement filings, Apr 30, 2022 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$9,313,098 | C$7,447,318 | C$4,338,604 | C$0 | C$0 |
| Total current assets | C$10,758,254* | C$7,813,267* | C$4,667,784* | — | — |
| Total current liabilities | — | — | — | C$54,075 | C$33,746 |
| Exploration and evaluation assets | C$8,251,548 | C$6,190,733 | C$3,303,843 | — | — |
| Property, plant and equipment | C$625,174 | C$64,373 | — | — | — |
| Total assets | C$19,634,976 | C$14,068,373 | C$7,971,627 | C$2,048 | C$1,475 |
| Shareholders' equity | C$17,638,199 | C$12,041,242 | C$6,941,883 | — | — |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$7,531,049 | C$2,672,031 | C$965,841 | C$419,216 | — |
| General and administrative | C$1,057,363 | C$605,897 | C$212,255 | C$381 | C$0 |
| Share-based compensation | C$462,330 | C$315,231 | C$79,617 | C$0 | — |
| Impairments and write-downs | — | C$0 | (C$175,000) | C$0 | — |
| Net income (loss) | (C$8,320,339) | (C$3,734,862) | (C$3,769,860) | (C$282,441) | (C$32,659) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Jul 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$10,590,679) | (C$3,965,722) | (C$1,279,412) | — | — |
| Investing cash flow | (C$1,077,525) | (C$1,184,680) | (C$1,105,300) | — | — |
| Financing cash flow | C$13,533,984 | C$8,259,116 | C$6,520,784 | — | — |
| Exploration spending (capitalized) | (C$1,070,950) | (C$1,164,800) | (C$1,105,300) | — | — |
| Change in cash | C$1,865,780 | C$3,108,714 | C$4,136,072 | C$0 | C$0 |
| Cash at end of period | C$9,313,098 | C$7,447,318 | C$4,338,604 | C$0 | C$0 |
Dryden Gold Corp financings
1 financing announced or closed by Dryden Gold Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-04-14 | Dryden Gold Corp (DRY) | Flow-through, private placement, non-brokered | Closed, 1 tranche | $9.7M | $0.410 | Dryden Gold Corp. Announces Equity Financing |