Jayden Resources Inc.

TSX : JDN


Jayden Resources Inc.

March 03, 2014 19:45 ET

Jayden Resources Inc.: Private Placement Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 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.

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