Mr. Trey Wasser reports

DRYDEN GOLD CORP. ANNOUNCES UPSIZING OF PREVIOUSLY ANNOUNCED EQUITY FINANCING

Dryden Gold Corp. will be increasing the previously announced (Jan. 8, 2026) non-brokered equity financing. Under the upsized offering, the company will issue 4.35 million charity flow-through common shares (the CFT shares) at a price of 42.5 cents per CFT share for aggregate gross proceeds of $1,849,185.

The CFT shares will qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Ontario-focused flow-through shares as defined in the Taxation Act, 2007 (Ontario). No finders' fees will be paid in connection with the offering. The offering is subject to the approval of the TSX Venture Exchange.

An amount equal to the gross proceeds from the issuance of the CFT shares will be used to incur eligible resource exploration expenses which will qualify as (i) Canadian exploration expenses (as defined in the tax act), (ii) as flow-through mining expenditures (as defined in Subsection 127(9) of the tax act); and as eligible Ontario exploration expenditures within the meaning of the Ontario Tax Act. All qualifying expenditures will be renounced in favor of the subscribers for the CFT shares effective on or before Dec. 31, 2026.

About Dryden Gold Corp.

Dryden Gold is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange (DRY), on the OTCQB marketplace (DRYGF) and on the Frankfurt Stock Exchange (X7W). The company has a strong management team and board of directors comprises 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 nations communities and benefits from proximity to an experienced mining workforce.

We seek Safe Harbor.