Jayden Amends Warrant to Unit Offering

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Jayden Amends Warrant to Unit Offering

Vancouver, B.C., October 12, 2021. Jayden Resources Inc., ("Jayden" or the “Company” ) (TSXV:JDN)

announces that further to its news release dated October 4, 20 21 wherein it announced a unit offering

(“Offering”) of up to 8,000,000 units ("Units") at a price of $0. 50 per Unit for gross proceeds of up to

$4,000,000, with e ach Unit being comprised of one (1) common share in the capital of Jayden

(“Common Share”) and one transferable Common Share purchase w arrant (“Warrant”). Each Warrant

entitling the holder to purchase one (1) additional Common Share at a price of $0. 80 for a period of two

(2) years following the date of closing.

The Unit will now be comprised of one (1) Common Share and one-half (1/2) of a of one (1) transferable

Common Share purchase Warrant at a price of $0.50 per Unit. Each whole Warrant entitles the holder to

purchase one (1) additional Common Share at a price of $0.80 for a period of two (2) years following the

date of closing.

The Warrants will be subject to an ac celeration clause whereby, commencing on the date that is four

months and one day following the closing date. Jayden may, in its sole discretion, provide notice to

warrant holders to shorten the Warrant expiry date to 30 days from the notice date if the daily volume

weighted average closing price of Jayden’s shares is greater than $ 1.00 for the 10 consecutive trading

days preceding the notice date.

The private placement is subject to TSX Venture Exchange approval. The shares and units will be subject

to a four -month-plus-one-day hold period from the date of issuance . Approximately $3M of the

proceeds wi ll be used to advance the Company’s recently acquired Storm Lake Gold Property. The

balance of the proceeds will be used for working capital purposes.

For further information about this news release or the Company visit our website at

www.jaydenresources.com, email [email protected], or call Mike Thast at 778-331-2093.

On Behalf of the Board:

"David Eaton"

President and CEO

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.