Mr. David Eaton reports
JAYDEN ARRANGES PRIVATE PLACEMENT
Jayden Resources Inc. has arranged a non-brokered private placement of up to 5,128,205 units at a price of 19.5 cents per unit for gross proceeds of up to $1-million. Each unit will be composed of one common share in the capital of Jayden and one transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of 26 cents for a period of two years following the date of closing.
The private placement is subject to TSX Venture Exchange approval. The securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. The proceeds will be used for general working capital purposes.
The company also wishes to clarify its news release dated July 24, 2026, regarding the proposed shares-for-debt settlement. The aggregate amount of indebtedness to be settled is $462,812, rather than $378,442 as stated in the July 24, 2026, news release. The number of common shares to be issued, 1,851,248, and the deemed issue price, 25 cents, per common share remain unchanged.
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