Jayden Resources Inc. (TSXV: JDN) closed an oversubscribed non-brokered private placement, raising C$1,030,614 from the sale of 5,285,202 units, the Vancouver-based company announced.
Each unit was priced at C$0.195 and comprises one common share and one transferable warrant. The warrants entitle holders to purchase additional shares at C$0.26 per share through September 23, 2028.
The offering exceeded the company’s initial target of C$1,000,000, which was disclosed on August 11, 2026. No finder’s fees or commissions were paid in connection with the transaction.
Proceeds will be allocated to general working capital purposes. Securities issued in the placement are subject to a statutory hold period of four months and one day from the issuance date under applicable securities laws.
The closing remains contingent on final approval from the TSX Venture Exchange.
