SYS-CON MEDIA Authors: Elizabeth White, Yeshim Deniz, Pat Romanski, Nikita Ivanov, Sean Houghton

News Feed Item

Jayden Announces Results of AGSM

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/27/14 -- Jayden Resources Inc. (TSX: JDN) ("Jayden" or the "Company") is pleased to announce the voting results for the election of its Board of Directors at its annual general and special meeting ("AGSM") held on June 27, 2014.

Directors and Officers

A total of 46,545,619 shares were represented at the meeting, being 83.15% of the Company's issued and outstanding shares. Shareholders voted in favor of all matters brought before the meeting and detailed results of the ballot vote for the election of five directors are set out below:


----------------------------------------------------------------------------
    Director        Votes For      % For     Votes Withheld     % Withheld
----------------------------------------------------------------------------
Letty Wan          46,543,386      100%           1,961             0%
----------------------------------------------------------------------------
Lawrence Dick      46,543,658      100%           1,961             0%
----------------------------------------------------------------------------
Ringo Hui          46,543,658      100%           1,961             0%
----------------------------------------------------------------------------
Andrew Cheng       46,542,656     99.99%          2,963            0.01%
----------------------------------------------------------------------------
William Ng         46,542,656     99.99%          2,963            0.01%
----------------------------------------------------------------------------

Subsequent to the meeting, the directors appointed Letty Wan as President and Chief Executive Officer and Herrick Lau as the Chief Financial Officer of the Company. Ms. Wan will take over the position of President as David Eaton did not stand for re-election as a director of the Company at this years' AGSM. Mr. Eaton will remain with the Company as a corporate adviser.

Share Issuance

Other results of the AGSM included disinterested shareholders approving the issuance of 2,513,964 shares to Gather Success Holdings Limited ("Gather Success"), a company controlled by Jayden's President and CEO, Letty Wan. The shares were issued pursuant to the Company's Rights Offering which closed On December 6, 2013. Gather Success agreed to purchase from the Company at the Subscription Price any shares (the "Standby Shares") that were not otherwise subscribed for under the Rights Offering. Gather Success purchased a total of 4,687,364 shares for $468,736. In consideration for Gather Success agreeing to subscribe for the Standby Shares, Gather Success was to be issued an additional 2,513,964 shares, which is equal to 10% of the number of rights offered pursuant to the Rights Offering upon approval by disinterested shareholders at the AGSM. 12,047,364 shares of the Company held by Ms. Wan at the Record Date for the AGSM were excluded from voting on this resolution.

Stock Option Plan

99.98% of the 46,545,619 shares voted at the meeting approved the renewal the Company's existing 2011 Stock Option Plan as is with no changes. The 10% rolling share option plan was first introduced at the Company's 2011 AGSM, and as per regulatory requirements is to be approved every 3 years by a majority vote of the shareholders. For more information on the Company's 2011 Stock Option Plan please refer to the Company's Information Circular for the AGSM which can be found under the Company's profile at www.sedar.com.

About Jayden Resources

Jayden Resources is a Canadian exploration company which holds a majority in the Silver Coin gold project located in the Golden Triangle of Northwest British Columbia near Stewart, B.C. The Golden Triangle includes previous producers including the historic Silbak-Premier Mine, Barrick Gold's famed Eskay Creek Mine.

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.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
What do a firewall and a fortress have in common? They are no longer strong enough to protect the valuables housed inside. Like the walls of an old fortress, the cracks in the firewall are allowing the bad guys to slip in - unannounced and unnoticed. By the time these thieves get in, the damage is already done and the network is already compromised. Intellectual property is easily slipped out the back door leaving no trace of forced entry. If we want to reign in on these cybercriminals, it's hig...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Fundamentally, SDN is still mostly about network plumbing. While plumbing may be useful to tinker with, what you can do with your plumbing is far more intriguing. A rigid interpretation of SDN confines it to Layers 2 and 3, and that's reasonable. But SDN opens opportunities for novel constructions in Layers 4 to 7 that solve real operational problems in data centers. "Data center," in fact, might become anachronistic - data is everywhere, constantly on the move, seemingly always overflowing. Net...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happe...