Jayden Resources Inc.

Jayden Resources Inc.

June 05, 2015 18:36 ET

Jayden Arranges Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 5, 2015) - Jayden Resources Inc. ("Jayden") (TSX:JDN) announces that it has arranged a non-brokered private placement of up to approximately 7,300,000 units at a price of $0.07 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional share at $0.09 cents for a two-year period. No commissions are payable in connection with the placement.

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:

Letty Wan, President and Chief Executive Officer

The Toronto Stock Exchange has not yet reviewed and does not take responsibility for the adequacy of the content of this news release.

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