JDN looks like Sprott owns 12,500,000 shares … pretty inter 2019-10-02 13:49 MT - News Release
An anonymous director reports
ERIC SPROTT ANNOUNCES HOLDINGS IN JAYDEN RESOURCES INC.
On Sept. 30, 2019, 12.5 million common share purchase warrants of Jayden Resources Inc. held by 2176423 Ontario Ltd., a corporation Eric Sprott beneficially owns, expired unexercised representing a decrease in holdings of approximately 11.1 per cent of the outstanding common shares on a partially diluted basis since the previously filed early warning report. Prior to the expiry of these warrants, Mr. Sprott beneficially owned and controlled 12.5 million common shares and 12.5 million common share purchase warrants representing approximately 13.7 per cent of the outstanding common shares on a non-diluted basis and approximately 24.2 per cent on a partially diluted basis. As a result of the warrant expiry, Mr. Sprott now beneficially owns and controls 12.5 million common shares representing approximately 13.7 per cent of the outstanding common shares on a non-diluted basis.
The warrants expiry resulted in a partially diluted beneficial ownership change of greater than 2 per cent and the filing of an early warning report.
The securities noted herein are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities either on the open market or through private acquisitions or sell the securities either on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.