Mr. Trey Wasser reports

DRYDEN GOLD ANNOUNCES FINAL WARRANT EXERCISES

Effective as of Dec. 29, 2025, an aggregate of 19,708,569 of the 38,489,148 (51 per cent) warrants issued in connection with the company's listing on the TSX Venture Exchange effective Dec. 28, 2023, have been exercised for gross proceeds of $5,912,570. The 2023 warrants were exercisable at 30 cents and expired on Dec. 28, 2025. With the 2023 warrant exercises complete, as of the date hereof, the company has 213,134,590 common shares outstanding and currently has $9.75-million cash on hand.

As previously reported, in a press release dated Dec. 15, 2025, the warrant exercises included two major shareholders, EuroPac Gold Fund and Delbrook Capital Advisors. These exercises resulted EuroPac having control and direction over 5.79 per cent and Delbrook having control and direction over 11.05 per cent of the shares current outstanding, as at the date hereof.

Bunt Capital Corp. acted as a strategic adviser to the company regarding the warrant exercise.

Trey Wasser, chief executive officer, commented: "We are pleased with the percentage of warrants exercised and wish to thank all our loyal shareholders who participated. With our enhanced treasury, we will be significantly expanding our 2026 exploration program. Drilling for the 2026 program has already begun at Gold Rock, Sherridon and Hyndman. We expect to have initial results beginning in mid-January, and, with the large warrant overhang removed, the shares should now trade based solely on our exploration results."

About Dryden Gold Corp.

Dryden Gold is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX-V (symbol: DRY), the OTCQB marketplace (symbol: DRYGF) and the Frankfurt Exchange (symbol: X7W). The company has a strong management team and board of directors comprising experienced individuals with a record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100-per-cent interest in a dominant strategic land position in the Dryden district of Northwestern Ontario. Dryden Gold's property package includes historic gold mines but has seen limited modern exploration. The property hosts high-grade gold mineralization over 50 kilometres of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with first nation communities and benefits from proximity to an experienced mining work force.

We seek Safe Harbor.