Mr. David Eaton reports
JAYDEN RESOURCES ANNOUNCES PROPOSED SHARE CONSOLIDATION
Jayden Resources Inc. intends to consolidate the common shares in the capital
of the company on the basis of one postconsolidation common share for every 10 preconsolidation common shares. The consolidation is intended to
make the company more attractive to potential new investors.
The company currently has 58,517,849 common shares issued and outstanding, and, following the
consolidation, the company will have approximately 5,851,785 common shares issued and outstanding,
prior to rounding for fractional shares.
The consolidation was approved by the board of directors of the company in accordance
with the articles of the company but remains subject to the approval of the TSX Venture Exchange. The company will issue a further news release announcing the effective date of the
consolidation upon receiving exchange approval. The company will not be changing its name in
conjunction with the consolidation.
We seek Safe Harbor.
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