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Vancouver, British Columbia–(Newsfile Corp. – July 24, 2026) – Jayden Resources Inc. (TSXV: JDN)<\/b> (the “Company” or “Jayden”) announces that it has entered into debt settlement agreements with certain creditors to settle an aggregate of approximately $378,442 of indebtedness (the “Debt”) and proposed to issue an aggregate of 1,851,248 common shares of the Company (the “Debt Shares”) at a deemed price of $0.25 per share, subject to the acceptance of the TSX Venture Exchange (the “TSXV”).<\/p>\n
Of the Debt being settled, David Eaton, the Company’s President, Chief Executive Officer and director, is a non-arm’s-length party to the Company. Pursuant to the debt settlement agreement, Mr. Eaton will receive 406,808 common shares.<\/p>\n
The debt settlement with Mr. Eaton constitutes a related party transaction within the meaning of Multilateral Instrument 61-101 \u2013 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the related party transaction does not exceed 25% of the Company’s market capitalization.<\/p>\n
All Debt Shares issued pursuant to the debt settlement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws.<\/p>\n
Completion of the debt settlement remains subject to acceptance by the TSXV.<\/p>\n
For further information about this news release and the Company’s current activities, contact info@jaydenresources.com<\/a>, visit our website at www.jaydenresources.com<\/a> or call us at 604-688-9588.<\/p>\n<\/div>\n On Behalf of the Board:<\/p>\n “David Eaton”<\/b> Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility<\/i><\/p>\n
\nPresident & Chief Executive Officer<\/i><\/p>\n![\"Corporate](\"https:\/\/images.newsfilecorp.com\/files\/1005\/306572_b3a7158074d0aa99_logo.jpg\"){kind=logo}
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