Equity Financing Upsized Amid Strong Demand as Gold Prices Surge
Summary
Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) has announced the upsizing of its previously disclosed equity financing due to higher-than-expected demand. The HD Units funds will be used for general corporate purposes, pending TSX Venture Exchange approval. Dryden expects insider financing participation through HD Unit subscriptions.Prices have risen significantly in the gold market. This increase has created new opportunities for companies like Dryden Gold Corp. Goldman Sachs analysts, as quoted by Yahoo! "According to a report by Reuters on September 5, "Gold prices rose to near one-week highs on Thursday, on the back of a weaker U.S. dollar and lower yields."
Funding
Review available funding amount, funding date, investors, and linked company information related to Equity Financing Upsized Amid Strong Demand as Gold Prices Surge in the interactive ISVWorld profile.