JAYDEN RESOURCES INC. ("JDN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 27, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a purchase and sale agreement (the "Agreement") dated October 26, 2022 between Jayden Resources Inc. (the "Company") and an arm's length party (the "Vendor"). Pursuant to the terms of the Agreement, the company may acquire a 100% interest in Kenorland's Wheatcroft Project. By way of Consideration, the Company will make a cash payment of $125,000, issue 5,557,447 shares and issue shares equivalent to $990,000 (up to a maximum of 19,800,000 shares) to the vendor. The Property is subject to a 3% NSR in favour of the vendor and the company can reduce it to 2% by making a cash payment of $1,000,000 to the vendor.
For further details, please refer to the Company's news release dated October 3, 2022.
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