Jayden Gets Approval for $260,000 Loan
Jayden Resources (TSXV: JDN) has secured TSX Venture Exchange approval for a $260,000 loan, exceeding the initially announced $250,000 by $10,000. The unsecured loan carries a 10% annual interest rate and must be repaid by June 27, 2026, with earlier repayment possible if the company completes a private placement.
Of the loan proceeds, $100,000 will be used to buy out Kenorland Minerals' 9.9% share top-up clause related to the Wheatcroft Property acquisition in Manitoba. The remaining funds will support general working capital needs.
Jayden Resources (TSXV: JDN) ha ottenuto l'approvazione dalla TSX Venture Exchange per un prestito di $260.000, superiore ai $250.000 inizialmente annunciati di $10.000. Il prestito, non garantito, prevede un tasso d'interesse annuo del 10% e dovr脿 essere rimborsato entro il 27 giugno 2026, con possibilit脿 di rimborso anticipato nel caso in cui la societ脿 completi un collocamento privato.
Di questi fondi, $100.000 saranno impiegati per acquistare la clausola di integrazione del 9,9% di Kenorland Minerals relativa all'acquisizione della propriet脿 Wheatcroft in Manitoba. Il resto servir脿 a finanziare il capitale circolante generale.
Jayden Resources (TSXV: JDN) ha obtenido la aprobaci贸n de la TSX Venture Exchange para un pr茅stamo de $260,000, $10,000 m谩s que los $250,000 anunciados inicialmente. El pr茅stamo, sin garant铆a, tiene un inter茅s anual del 10% y debe reembolsarse antes del 27 de junio de 2026, con posibilidad de pago anticipado si la compa帽铆a realiza una colocaci贸n privada.
De los ingresos del pr茅stamo, $100,000 se usar谩n para comprar la cl谩usula de aumento del 9.9% de Kenorland Minerals vinculada a la adquisici贸n de la propiedad Wheatcroft en Manitoba. Los fondos restantes cubrir谩n las necesidades generales de capital de trabajo.
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雽�於滉笀 欷� $100,000電� 毵る媹韱犽皵鞚� Wheatcroft 甏戩偘甓� 鞚胳垬鞕� 甏�霠悳 Kenorland Minerals鞚� 9.9% 欤检嫕 氤挫订 臁绊暛鞚� 毵れ垬頃橂姅 雿� 靷毄霅橂┌, 雮橂ǜ歆� 鞛愱笀鞚� 鞚茧皹鞝侅澑 鞖挫爠鞛愲掣 頃勳殧鞐� 於╇嫻霅╇媹雼�.
Jayden Resources (TSXV: JDN) a obtenu l'approbation de la TSX Venture Exchange pour un pr锚t de 260 000 $, soit 10 000 $ de plus que les 250 000 $ annonc茅s initialement. Le pr锚t, non garanti, porte un taux d'int茅r锚t annuel de 10% et doit 锚tre rembours茅 d'ici le 27 juin 2026, avec la possibilit茅 d'un remboursement anticip茅 si la soci茅t茅 r茅alise un placement priv茅.
Sur le produit du pr锚t, 100 000 $ seront utilis茅s pour racheter la clause d'appoint de 9,9% de Kenorland Minerals li茅e 脿 l'acquisition de la propri茅t茅 Wheatcroft au Manitoba. Les fonds restants serviront 脿 financer les besoins g茅n茅raux en fonds de roulement.
Jayden Resources (TSXV: JDN) hat die Genehmigung der TSX Venture Exchange f眉r ein $260.000 Darlehen erhalten, das damit um $10.000 h枚her ist als die urspr眉nglich angek眉ndigten $250.000. Das ungesicherte Darlehen tr盲gt einen j盲hrlichen Zinssatz von 10% und muss bis zum 27. Juni 2026 zur眉ckgezahlt werden; eine vorzeitige R眉ckzahlung ist m枚glich, falls das Unternehmen eine Privatplatzierung durchf眉hrt.
Von den Darlehensmitteln werden $100.000 verwendet, um die 9,9%-Nachkaufklausel von Kenorland Minerals im Zusammenhang mit dem Erwerb des Wheatcroft-Grundst眉cks in Manitoba zu kaufen. Die verbleibenden Mittel dienen der Finanzierung des allgemeinen Working Capitals.
- Secured $260,000 in financing through loan approval
- Elimination of 9.9% share top-up clause through $100,000 buyout, reducing future equity dilution risk
- Flexible repayment terms with early repayment option
- High interest rate of 10% per annum on the loan
- Additional debt burden with $260,000 unsecured loan
- Oversubscription of loan by $10,000 indicates potential higher financing needs
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - Jayden Resources Inc., (TSXV: JDN) ("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
The Loan was oversubscribed by
The Company will allocate
For further information about the Company or this news release email [email protected], or call Mike Thast at 604-688-9588 or visit our website at .
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
FAQ
What is the interest rate and terms of Jayden Resources' new $260,000 loan?
How will Jayden Resources (TSXV: JDN) use the loan proceeds?
When does Jayden Resources need to repay the $260,000 loan?
What is the significance of the share top-up clause buyout for Jayden Resources?
