Mr. Trey Wasser reports

DRYDEN GOLD CORP. ISSUES SHARE PROPERTY PAYMENT

Subject to receipt of final TSX Venture Exchange approval, Dryden Gold Corp. will issue an aggregate of 4,056,795 common shares at a deemed price 24.65 cents per share to Alamos Gold Inc. to satisfy a Dec. 31, 2023, $1-million property payment on its Dryden gold property located in northwestern Ontario. The shares are being issued in accordance with Dryden Gold and Manitou Gold Inc.'s (Manitou Gold acquired and wholly owned by Alamos) option agreement dated April 20, 2022, as amended, and are based on the first 20 days of trading in the company's stock on a volume-weighted basis. The proposed share issuance was previously disclosed in the company's TSX Venture Exchange Form 3-D2 filing statement dated Dec. 27, 2023, a copy of which was filed under the company's profile at SEDAR+ on Dec. 27, 2023. Please refer to the filing statement for a detailed description of the Dryden option agreement and the Dryden property. Final TSX Venture Exchange approval of the share issuance is pending. All of the shares will be subject to a hold period of four months and one day from the date of issuance.

After the share issuance, Alamos will hold an aggregate of 8,056,795 common shares representing 9.27 per cent of the outstanding shares of the company making them Dryden Gold's largest single shareholder. Other major shareholders include Rob McEwen, Eric Sprott, EuroPac Gold Fund and Delbrook Capital.

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. The company has a strong management team and board of directors comprised of experienced individuals with a record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions.

We seek Safe Harbor.