(TheNewswire)
Vancouver, B.C. - TheNewswire - July 7, 2022. Jayden Resources Inc., ("Jayden"or the “Company”) ( TSXV:JDN) announces that on May 2, 2022 the Company’s Board adopted a new form of Stock Option Plan which wasconditionally approved by the TSX Venture Exchange and was ratifiedand approved by the shareholders of the Company at the Company’sAnnual General Meeting of Common Shareholders on July 7, 2022.
The Stock Option Plan was created to comply with thenew TSX Venture Exchange policy governing security-based compensationwhich became effective November 24, 2021. The Option Plan alsoallows option holders to exercise options on a "CashlessExercise" or "Net Exercise" basis, as now expresslypermitted by the new policy.
The new Option Plan replaces the Company’s September4, 2015 stock option plan. The Company currently has no stockoptions issued or outstanding.
The Stock Option Plan can be accessed under theCompany’s SEDAR corporate profile at www.sedar.com.
About Jayden Resources
Jayden Resources Inc. is a mining exploration companyfocused on the discovery of precious metals assets located primarilyin Canada. Jayden recently entered into an agreement to acquire a 100%interest in the Storm Lake Gold Property located on the Frotet-EvansGreenstone Belt in central Quebec. Jayden believes Storm Lake to be anexceptional property with overlooked potential.
For further information about this news release or theCompany visit our website at www.jaydenresources.com , email info@jaydenresources.com , orcall Mike Thast at 778-331-2093.
On Behalf of the Board:
"DavidEaton"
President and CEO
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
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