Nov. 4, 2010 (TheNewswire.ca) --
Vancouver, B.C., November 4, 2010; Jayden Resources (TSXV:JDN) (OOTC:PNMLF) Inc., ("Jayden" or the "Company")(TSX-V:JDN) is pleased to announce that the Toronto Stock Exchange ("TSX") has conditionally approved the Company's common shares for listing on the TSX. Upon listing, the Company's shares will continue to trade under the symbol "JDN".
Listing of the Company's common shares on the TSX is subject to the Company providing the Exchange with customary filing documentation in support of its listing and the completion of required background searches in respect of Ms. Letty Wan, the principal of the Company's largest shareholder, Progress Advanced Holdings Ltd. The Company anticipates it will be able to complete the filings and the review within the coming weeks. The Company will make a further announcement once the TSX has issued a bulletin confirming the date on which trading will begin.
The TSX is one of the most active markets in the world for resource companies and particularly precious metals producers and explorers. Listing on the TSX offers the Company's shareholders increased exposure to the global mining investment community and provides the Company with greater access to capital as well as enhanced liquidity.
About Jayden Resources
Jayden 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 Officer
FORWARD LOOKING STATEMENTS: This document includes forward-looking statements which include future events and conditions which are subject to various risks and uncertainties. Forward-looking statements in the news release include that we will list our shares on the TSX, delist our shares from the TSXV, and that a TSX listing could provide increased exposure, access to capital and increased liquidity. Factors that could prevent these from happening include that we cannot meet TSX listing requirements or that the TSX listing does not result in expected benefits.
Neither the 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.
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