Jayden Resources Inc. (TSXV:JDN) announced a private placement of up to 7,100,000 units at a price of CAD 0.12 for the gross proceeds of up to CAD 852,000 on April 27, 2021 . Each unit is comprised of one common share and one half of one transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.22 for a period of two years following the date of closing. The warrants will be subject to an acceleration clause whereby, commencing on the date that is four months and one day following the closing date. The company may, in its sole discretion, provide notice to warrant holders to shorten the warrant expiry date to 30 days from the notice date if the daily volume weighted average closing price of its shares is greater than CAD 0.32 for the 10 consecutive trading days preceding the notice date. The transaction is subject to approval of TSX Venture Exchange. The shares and units issued in the transaction will be subject to a four-month and one day hold period.