Jayden Arranges Private Placement

Jayden Resources Inc. announced a non-brokered private placement of up to 5,128,205 units priced at $0.195 per unit, targeting gross proceeds of up to $1,000,000. Each unit consists of one common share and one transferable warrant exercisable at $0.26 per share for a two-year term. The company stated that the proceeds are designated for general working capital, and the securities carry a statutory hold period of four months and one day pending TSX Venture Exchange approval.

The company also issued a correction to its July 24, 2026 debt settlement announcement, clarifying that the aggregate indebtedness to be settled via shares is $462,812, not the previously stated $378,442. The shares-for-debt transaction remains unchanged at 1,851,248 common shares issued at a deemed price of $0.25 per share.

Jayden Resources Inc. (JDN) has announced a $1,000,000 private placement, a move driven by immediate liquidity needs rather than expansion. With only $7,545 in cash on hand and a $1.08 million working capital deficit, the proceeds are expected to fund operations for only a few months.

The company also revealed a correction to its debt settlement, which shows an $84,370 increase in liabilities compared to the initial disclosure. This discrepancy highlights potential accounting or disclosure inaccuracies that require further scrutiny.

The financing structure introduces significant dilution. The placement adds approximately 5.13 million shares, while the debt settlement adds approximately 1.85 million shares, totaling approximately 7 million new shares against the approximately 58.5 million shares currently outstanding. This represents approximately 12% incremental dilution from the placement alone. The warrants associated with the placement carry an exercise price of $0.26, which is slightly above the issue price of $0.195, providing limited immediate upside for participants while capping near-term overhang.

Jayden Resources Inc. (JDN) is a pre-revenue gold exploration company with no operational revenue. Its flagship asset is the Storm Lake property, located in the Frotet-Evans Greenstone Belt in Central Quebec. An NI 43-101 technical report has been completed for the site, and permits for a base camp and drilling have been obtained. The company also holds a secondary asset, the Wheatcroft property in Manitoba.

Both properties are currently in a maintenance phase, with zero exploration expenditure recorded in Q1 2026. Management is focused on preserving capital while seeking external financing or strategic partnerships.