Jayden Resources Inc.: Private Placement Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 3, 2014) - Jayden Resources Inc. (TSX:JDN) ("Jayden" or the "Company") -
Further to its news release dated February 28, 2014 wherein the Company announced the arrangement of a $600,000 non-brokered private placement consisting of 6 million units priced at ten cents per unit. The Company announces that it will re-price the warrant attached to the unit which now entitles the holder to purchase one additional share at eleven cents for a two-year period.
The private placement is subject to Toronto Stock Exchange approval. The shares and units will be subject to a four-month-plus-one-day hold period. The net proceeds of the unit private placement will be used for working capital purposes.
On Behalf of the Board:
David Eaton, President and Director
The Toronto Stock Exchange has not yet reviewed and does not take responsibility for the adequacy of the content of this news release.
Contact
Jayden Resources Inc.
604-688-9588
778-329-9361
info@jaydenresources.com
www.jaydenresources.com