23:58:04 EDT Fri 24 Jul 2026
Enter Symbol
or Name
USA
CA



Jayden Resources Inc (4)
Symbol JDN
Shares Issued 5,851,791
Close 2026-07-24 C$ 0.27
Market Cap C$ 1,579,984
Recent Sedar+ Documents

Jayden to issue 1.85M shares for debt of $378,442

2026-07-24 21:24 ET - News Release

Mr. David Eaton reports

JAYDEN ANNOUNCES SHARES-FOR-DEBT SETTLEMENT

Jayden Resources Inc. has entered into debt settlement agreements with certain creditors to settle an aggregate of approximately $378,442 of indebtedness and proposed to issue an aggregate of 1,851,248 common shares of the company at a deemed price of 25 cents per share, subject to the acceptance of the TSX Venture Exchange.

Of the debt being settled, David Eaton, the company's president, chief executive officer and director, is a non-arm's-length party to the company. Pursuant to the debt settlement agreement, Mr. Eaton will receive 406,808 common shares.

The debt settlement with Mr. Eaton constitutes a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company is relying on the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the related-party transaction does not exceed 25 per cent of the company's market capitalization.

All debt shares issued pursuant to the debt settlement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws.

Completion of the debt settlement remains subject to acceptance by the TSX-V.

© 2026 Canjex Publishing Ltd. All rights reserved.