DFR Gold Inc. announces that it has entered into an agreement with Mr. Brian Kiernan pursuant to which Mr. Kiernan has agreed to provide a US$500,000 loan to the Company . The Company intends to use the Loan for general working capital purposes. The Loan carries an eight percent annual interest rate and, together with the interest, is repayable in full on January 31, 2025 . DFR shall prepay the Loan upon receipt of the proceeds of any debt, equity, or other financing in excess of US$2,000,000 that occurs prior to the Final Repayment Date. Brian Kiernan holds 36.5% of DFR's outstanding shares and is a Director of the Company, and as such, the Loan constitutes a related party transaction as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in...