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)
Pile of gold bars with stock charts in the corner. Text reads "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: NV Gold Shines with 88 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.On Monday (August 10), Transport Canada introduced the Commodities Sectoral Support Program (CSSP),... Keep Reading...
Karim Rayani Files Early Warning Report Regarding Skull Ridge Gold Corp.

Karim Rayani Files Early Warning Report Regarding Skull Ridge Gold Corp.

Karim Rayani announces that an early warning report has been filed in connection with the acquisition by R7 Investments Ltd. (“R7”), a corporation controlled by Mr. Rayani, on July 16th, 2026, of 1,000,000 units of Skull Ridge Gold Corp. (the “Company”) pursuant to the Company’s recently... Keep Reading...
John Feneck, gold bars.

John Feneck: Gold, Silver Bottom? Price Targets and What's Next

John Feneck, portfolio manager and consultant at Feneck Consulting, breaks down the recent price moves in gold and silver, saying he thinks the bottom is in. "The only thing that could really derail that is a heavy situation on the war, where Trump doubles down and really lights up Iran," he... Keep Reading...
Joe Cavatoni, gold bars.

Joe Cavatoni: Can Gold Rise in H2? 3 Key Factors I'm Watching

Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, shares key takeaways from the organization's latest quarterly Gold Demand Trends report. He highlights the yellow metal's resilience at the US$4,000 per ounce level in the face of various price headwinds. Cavatoni also... Keep Reading...
Two people in suits shake hands, agreeing to a deal.

Barrick, Newmont Settle Nevada Dispute in US$1.95 Billion Deal

Gold giants Barrick Mining (TSX:ABX,NYSE:B) and Newmont (NYSE:NEM,ASX:NEM) agreed to a US$1.95 billion truce on Monday (August 10), resolving a months-long dispute between the top gold miners that threatened to derail Barrick's planned North American spin-off.Under the settlement, Newmont... Keep Reading...

Interactive Chart

Latest Press Releases

Related News