Jayden Gets Approval for $260,000 Loan

Jayden Resources Inc., (TSXV: JDN,OTC:JDNRF) ("Jayden" or the "Company") announces that further to its news release dated June 27, 2025, that it has received TSX Venture Exchange approval for loans totaling $260,000 (the "Loan") to the Company.

The Loan was oversubscribed by $10,000 compared to the $250,000 originally announced on June 27, 2025. The Loan is unsecured, bears an interest rate at 10% per annum, and is repayable within one year, or earlier if the Company completes a private placement. Repayment may occur prior to June 27, 2026.

The Company will allocate $100,000 of the Loan proceeds to buy out a 9.9% share top-up clause on all future equity financings of the Company pursuant to a purchase agreement entered into with Kenorland Minerals Ltd. ("Kenorland") (TSXV: KLD) on October 26, 2022 to acquire the Wheatcroft Property in Manitoba. The remaining funds will be used for general working capital purposes.

For further information about the Company or this news release email info@jaydenresources.com, or call Mike Thast at 604-688-9588 or visit our website at www.jaydenresources.com.

On Behalf of the Board:

"David Eaton"

Chief Executive Officer

Disclosure and Caution
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263397

News Provided by Newsfile via QuoteMedia

JDN:CA
The Conversation (0)
Gold bars and financial graphs. Text reads: "Weekly Editor's Picks."

Editor's Picks: Gold, Silver Face Bumpy Week as Prices Drop, Then Rebound

It was a bumpy week for the gold price, which dropped to the US$4,370 per ounce level midway through the period before rebounding back above US$4,500.Silver put on a similar performance, bottoming out at US$72 per ounce.Both precious metals were reacting to a complex array of dynamics, including... Keep Reading...
A gold Krugerrand coin sits atop a pile of silver coins with musical instrument engravings.

Precious Metals News: Gold, Silver and PGM Price Floors Hold Up Against Headwinds

The precious metals complex is proving resilient in the face of intensifying macroeconomic headwinds and ongoing uncertainty over the direction of the conflict in the Middle East. Prices for gold, silver, platinum and palladium fell below key psychological levels this week on the back of hawkish... Keep Reading...
Gold coins featuring a buffalo design stacked on a dark wooden surface.

Stephen Leeb: Gold Price to US$18,000? Here's How it Can Happen

Dr. Stephen Leeb of Leeb Capital Management shares his outlook for gold, explaining how the yellow metal could get to US$18,000 per ounce. "Gold's high point might not ever really be defined, because I think at the end of this period that we're in, you're going to find gold at the center of the... Keep Reading...
Brightstar Declares Final Investment Decision for Goldfields Project

Brightstar Declares Final Investment Decision for Goldfields Project

CONSTRUCTION OF 1.5MTPA LAVERTON PLANT COMMENCES – FIRST GOLD ON TRACK JUNQ’27

Brightstar Resources Limited (ASX: BTR) (Brightstar or the Company) is pleased to announce that its Board of Directors has approved the Final Investment Decision (FID) for the development of its 100% owned Goldfields Project in Western Australia. HIGHLIGHTSBoard approves Final Investment... Keep Reading...
Rick Rule, mine site.

Rick Rule: Gold, Silver, Oil, Uranium — Price Triggers, My Strategy Now

Rick Rule, proprietor at Rule Investment Media, outlines key factors affecting the resource sector today, highlighting the impact of the Iran war. He also explains what he's doing with his money right now, saying his portfolio is currently underweight when it comes to sub-$250 million market cap... Keep Reading...

Interactive Chart

Latest Press Releases

Related News