VANCOUVER, BRITISH COLUMBIA -- (Marketwire - Oct. 11, 2011) - Jayden Resources Inc., ("Jayden" or the "Company") (TSX:JDN) announces that 45,000,000 share purchase warrants exercisable at a price of $0.15 per share and 22,894,033 exercisable at $0.05 per share have been exercised in full for total gross proceeds of $7,894,702.
The share purchase warrants were issued in connection with a private placement which closed in December 2008 and as a fee for the provision of a standby guarantee agreement in connection with the Company's 2010 rights offering. Certain of the share purchase warrants were owned by insiders of the Company and such insiders have filed early warning reports which can be viewed at www.sedar.com.
For further information about Jayden and this news release visit Jayden's website at www.jaydenresources.com.
About Jayden Resources
Jayden is a Canadian exploration company with a 43-101 compliant resource at its Silver Coin gold/silver deposit in the Stewart Camp, Northern B.C. that includes the historic Silbak-Premier Mine and Barrick Gold's famed Eskay Creek Mine.
On Behalf of the Board:
David Eaton Chief Executive Officer
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire - Oct. 11, 2011) - Jayden Resources Inc., ("Jayden" or the "Company") (TSX:JDN) announces that 45,000,000 share purchase warrants exercisable at a price of $0.15 per share and 22,894,033 exercisable at $0.05 per share have been exercised in full for total gross proceeds of $7,894,702.
