Jayden Arranges Loan
Rhea-AI Summary
Jayden Resources (TSXV: JDN) has arranged a loan facility totaling $250,000. The loan carries a 10% annual interest rate and is repayable within one year or upon completion of a private placement, with a maturity date of June 27, 2026.
The company plans to use the proceeds for general working capital purposes. The loan arrangement is subject to TSX Venture Exchange approval.
Positive
- None.
Negative
- Company taking on debt with high 10% interest rate indicates potential cash flow constraints
- Need for working capital financing suggests limited operational funds
News Market Reaction 1 Alert
On the day this news was published, JDNRF gained 16.33%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - Jayden Resources Inc., (TSXV: JDN) ("Jayden" or the "Company") announces that it has arranged loans (the "Loan") for a total of
The Loan is repayable within one year or until the Company completes a private placement and carries an interest rate of
The Loan is subject to TSX Venture Exchange approval. The Company will use the funds for general working capital purposes.
For further information about the Company or this news release email info@jaydenresources.com, or call Mike Thast at 604-688-9588 or visit our website at www.jaydenresources.com.
On Behalf of the Board:
"David Eaton"
Chief Executive Officer
Disclosure and Caution
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Neither 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257191