Business

Jayden Resources Amends the Expiry Date of the Standby Guarantee Warrant Issued to Progress Advanced Holdings Ltd.

Jayden Resources Amends the Expiry Date of the Standby Guarantee Warrant Issued to Progress Advan...

articleJayden Resources IncNovember 2, 20103/company/jayden-resources-inc/news/jayden-resources-amends-the-expiry-date-of-the-standby-guarantee-warrant-issued-to-progress-advanced-holdings-ltd
Jayden Resources Amends the Expiry Date of the Standby Guarantee Warrant Issued to Progress Advanced Holdings Ltd.

About this update from Jayden Resources Inc

[{"type":"text","content":"\nJayden Resources Amends the Expiry Date of the Standby Guarantee Warrant Issued to Progress Advanced Holdings Ltd.\n\n\n Nov. 2, 2010 (TheNewswire.ca) -- Vancouver, B.C., November 2, 2010; Jayden Resources (TSXV:JDN) (OOTC:PNMLF) Inc., (\"Jayden\" or \"the Company\")(TSX-V:JDN) announces that further to its press release dated May 6, 2010, the Company has received conditional approval from the TSX Venture Exchange to amend the expiry date (the \"Amendment\") of the warrant (the \"Warrant\") granted to Progress Advanced Holdings Ltd. (\"Progress Advanced\") on May 4, 2010. The Warrant was granted to Progress Advanced by the Company in connection with the agreement by Progress Advanced to purchase from the Company, at the subscription price of $0.05 per share, any common shares that were not otherwise subscribed for under the rights offering conducted by the Company in the Spring of 2010. Details of the Amendment will be forthcoming at a later date.About Jayden ResourcesJayden Resources is a Canadian exploration company with a 43-101 compliant resource-stage project on its Silver Coin property in the Stewart Camp, Northern BC. Northern BC is an emerging metals (OOTC:EMMLF) district that includes the historic Silbak-Premier Mine and Barrick Gold's (NYSE:ABX) (TSX:ABX) famed Eskay Creek Mine. Excellent exploration potential remains to the north, north-west and south of the existing resource at Silver Coin.For further information about Jayden and this news release contact Mike Thast at 604-688-9588 or visit Jayden's website at www.jaydenresources.com.On Behalf of the Board:\"David Eaton\"Chief Executive OfficerFORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the company's general business development, research development and the company's development of mineral exploration projects. When used in this document, the words \"anticipate\", \"believe\", \"estimate\", \"expect\", \"intent\", \"may\", \"project\", \"plan\", \"should\" and similar expressions may identify forward-looking statements. Although the Company believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be give...

More updates from Jayden Resources Inc