Auranova Resources announces up to $4M private placement

Jayden Resources Inc. (TSXV:JDN) successfully closed an oversubscribed private placement, raising C$1,030,614 through the sale of 5,285,202 units at C$0.195 per unit. The offering exceeded the initially announced target of C$1,000,000, disclosed on August 11, 2026. Each unit comprises one common share and one transferable warrant, allowing holders to purchase additional shares at C$0.26 per share until September 23, 2028.

The company did not incur any finder’s fees or commissions related to the offering, with the proceeds allocated to general working capital purposes. Securities issued in the offering are subject to a four-month and one-day hold period from the issuance date under applicable securities laws. The closing remains subject to final approval from the TSX Venture Exchange.

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