Jayden to Begin Trading on the TSX Venture Exchange
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 29, 2015) - Jayden Resources Inc. (TSX:JDN) ("Jayden" or the "Company") Further to the Company's news release dated August 5, 2015 announcing that it has voluntarily decided to move its listing from the Toronto Stock Exchange (the "TSX") to the TSX Venture Exchange (the "TSXV"), the Company announces that effective Thursday, October 15, 2015 at the opening of trading, that the Company's shares will cease trading on the TSX and commence trading on the TSXV. The Company's trading symbol ("JDN") will remain the same.
In conjunction with the new listing, the Company has revised its 2011 Stock Option Plan to meet the requirements of the TSXV and will seek shareholder approval of the new plan (the "2015 Stock Option Plan") at the Company's next annual general and/or special meeting (the "Meeting"). The 2015 Stock Option Plan, a 10% rolling option plan, remains virtually the same as the 2011 plan with certain changes to the number and percentage of options allowable to service providers; the price that options can be issued at; vesting periods of options; and applicable exchange hold periods that apply to options all in accordance with the policies of the TSXV. The specific changes to the 2015 Stock Option Plan will be more fully described in the information circular provided to shareholders of record for the Meeting.
Further, the Company announces that Andrew Cheng will resign as a director of the Company effective October 15, 2015. Management and the board of directors wish to thank Mr. Cheng for his dedicated work and assistance to the Company over the past 5 years.
On Behalf of the Board:
Letty Wan, President and Chief Executive Officer
The TSX and the TSXV do not take responsibility for the adequacy of the content of this news release.
Contact
For further information about this news release and
the Company's current activities
info@jaydenresources.com
www.jaydenresources.com
604-688-9588
