Jayden Resources

TSXV: JDN


News Releases

News Release: December 10, 2018
VANCOUVER, British Columbia – December 10, 2018 – Jayden Resources Inc. (“Jayden”) (TSX-V: JDN) is pleased to announce that it intends to distribute to its shareholders, by way of a dividend (the “Dividend”), 0.1696284 of a common share (the “Ascot Shares”) of Ascot Resources Ltd. (“Ascot”) for each common share of Jayden (or 1 Ascot Share for every 5.8952379 Jayden common shares), subject to adjustment for certain taxes which Jayden may be required to withhold.

News Release: October 31, 2018
Vancouver, B.C., October 31, 2018 - Jayden Resources Inc. (JDN: TSXV) (the “Company” or “Jayden”) is pleased to announce that it has closed the previously announced sale (the “Transaction") of all of the issued and outstanding shares of its wholly-owned subsidiary Jayden Resources (Canada) Inc. (“Jayden Canada”) to Ascot Resources Ltd.

News Release: August 13, 2018
Vancouver, B.C., August 13, 2018 - Jayden Resources Inc. (JDN : TSXV) (the “Company”) announces today that the agreement with Ascot Resources Ltd. and Jayden Resources Inc. (“Jayden”) to acquire Jayden’s 80%interest in the Silver Coin property (the “Property”) located in northwestern British Columbia throught he acquisition of all of the issued shares of Jayden Resources (Canada) Inc. (the “Transaction”).



About Jayden Resources

Jayden Resources is a Canadian based exploration company which recently sold its 80% interest in its Silver Coin Gold Project to Ascot Resources Ltd. (TSXV:AOT) (see news releases dated August 13, 2018; October 31, 2018 and December 10, 2018).

Ascot Resources is a gold and silver focused exploration company with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. The company’s flagship Premier Project is a near-term high-grade advanced exploration project with large upside potential. Ascot is poised to be the next Golden Triangle producer with an experienced and successful exploration, development and operating team, coupled with a highly regarded major shareholder.

Ascot acquired Jayden’s Silver Coin assets in exchange for 15,179,497 Ascot common shares (the “Ascot Shares”) at a deemed price of $0.94 per Ascot Share. Pursuant to the agreement with Ascot, Jayden will distribute all of the Ascot Shares to Jayden shareholders on a pro rata basis in January 2019.

Go to Jayden’s Issuer Profile at www.sedar.com to get up to date news and information on both Jayden and progress on the distribution of the Ascot shares. Also check back to this website for updates on the progress of the Company, or email info@jaydenresources.com if you have any questions.

 

© 2018 Jayden Resources