|By Marketwired .||
|March 3, 2014 07:46 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/03/14 -- 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.