19:46:36 EDT Fri 04 Sep 2026
Enter Symbol
or Name
USA
CA



Jayden Resources Inc (4)
Symbol JDN
Shares Issued 5,851,791
Close 2026-09-02 C$ 0.23
Market Cap C$ 1,345,912
Recent Sedar+ Documents

Jayden issues 1.85 million shares for debt of $462,812

2026-09-04 18:25 ET - News Release

Mr. David Eaton reports

JAYDEN ANNOUNCES CLOSING OF DEBT SETTLEMENT

Further to the news releases dated July 24, 2026, and Aug. 11, 2026, Jayden Resources Inc. has received TSX Venture Exchange approval and closed its debt settlement transaction to settle an aggregate of $462,812 of outstanding indebtedness owing to certain creditors of the company.

Pursuant to the debt settlement, the company has issued an aggregate of 1,851,248 common shares of the company to the creditors at a deemed price of 25 cents per debt share in full and final settlement of the debt.

All debt shares issued pursuant to the debt settlement are subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws and the policies of the TSX-V.

An insider of the company participated in the debt settlement. Of the debt settled, David Eaton, the company's president, chief executive officer and a director of the company, was a non-arm's-length party to the company, and was issued 406,808 debt shares pursuant to the debt settlement. The issuance of the debt shares to Mr. Eaton is considered to be a related-party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company has relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 (and Policy 5.9) contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the debt shares issued to Mr. Eaton did not exceed 25 per cent of the company's market capitalization.

© 2026 Canjex Publishing Ltd. All rights reserved.