Dryden Gold closes option to acquire 100% of Lost Lake property in Ontario for initial $10,000, 25,000 shares

PUBT · 1d ago
Dryden Gold closes option to acquire 100% of Lost Lake property in Ontario for initial $10,000, 25,000 shares
  • Dryden Gold closed an option to acquire 100% of the Lost Lake Property in Northwestern Ontario from Orebot.
  • Initial consideration paid: cash payment of $10,000.
  • To earn full interest, remaining payments total $90,000 over two years.
  • Post-exercise, Orebot will hold a 3% net smelter returns royalty, with a buyback right for $1 million.


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