Nov. 4, 2010 (TheNewswire.ca) --
Vancouver,B.C., November 4, 2010; Jayden Resources (TSXV:JDN) (OOTC:PNMLF)Inc., ("Jayden" or the "Company")(TSX-V:JDN) is pleased to announce thatthe Toronto Stock Exchange ("TSX") has conditionally approved theCompany's common shares for listing on the TSX. Upon listing, theCompany's shares will continue to trade under the symbol "JDN".
Listingof the Company's common shares on the TSX is subject to the Companyproviding the Exchange with customary filing documentation in support ofits listing and the completion of required background searches inrespect of Ms. Letty Wan, the principal of the Company's largestshareholder, Progress Advanced Holdings Ltd. The Company anticipates itwill be able to complete the filings and the review within the comingweeks. The Company will make a further announcement once the TSX hasissued a bulletin confirming the date on which trading will begin.
TheTSX is one of the most active markets in the world for resourcecompanies and particularly precious metals producers and explorers.Listing on the TSX offers the Company's shareholders increased exposureto the global mining investment community and provides the Company withgreater access to capital as well as enhanced liquidity.
About Jayden Resources
JaydenResources is a Canadian exploration company with a 43-101 compliantresource-stage project on its Silver Coin property in the Stewart Camp,Northern BC. Northern BC is an emerging metals (OOTC:EMMLF) districtthat includes the historic Silbak-Premier Mine and Barrick Gold's(NYSE:ABX) (TSX:ABX) famed Eskay Creek Mine. Excellent explorationpotential remains to the north, north-west and south of the existingresource at Silver Coin.
For further information about Jayden andthis news release contact Mike Thast at 604-688-9588 or visit Jayden'swebsite at www.jaydenresources.com.
On Behalf of the Board:
"David Eaton"Chief Executive Officer
FORWARDLOOKING STATEMENTS: This document includes forward-looking statementswhich include future events and conditions which are subject to variousrisks and uncertainties. Forward-looking statements in the news releaseinclude that we will list our shares on the TSX, delist our shares fromthe TSXV, and that a TSX listing could provide increased exposure,access to capital and increased liquidity. Factors that could preventthese from happening include that we cannot meet TSX listingrequirements or that the TSX listing does not result in expectedbenefits.
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracy ofthis release.
Copyright (c) 2010 Thenewswire.ca - All rights reserved.
Source: TheNewsWire (November 4, 2010 - 9:15 AM EDT)
News by QuoteMedia
www.quotemedia.com