Welcome!

News Feed Item

Jayden Announces Results of AGSM

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/27/14 -- Jayden Resources Inc. (TSX: JDN) ("Jayden" or the "Company") is pleased to announce the voting results for the election of its Board of Directors at its annual general and special meeting ("AGSM") held on June 27, 2014.

Directors and Officers

A total of 46,545,619 shares were represented at the meeting, being 83.15% of the Company's issued and outstanding shares. Shareholders voted in favor of all matters brought before the meeting and detailed results of the ballot vote for the election of five directors are set out below:


----------------------------------------------------------------------------
    Director        Votes For      % For     Votes Withheld     % Withheld
----------------------------------------------------------------------------
Letty Wan          46,543,386      100%           1,961             0%
----------------------------------------------------------------------------
Lawrence Dick      46,543,658      100%           1,961             0%
----------------------------------------------------------------------------
Ringo Hui          46,543,658      100%           1,961             0%
----------------------------------------------------------------------------
Andrew Cheng       46,542,656     99.99%          2,963            0.01%
----------------------------------------------------------------------------
William Ng         46,542,656     99.99%          2,963            0.01%
----------------------------------------------------------------------------

Subsequent to the meeting, the directors appointed Letty Wan as President and Chief Executive Officer and Herrick Lau as the Chief Financial Officer of the Company. Ms. Wan will take over the position of President as David Eaton did not stand for re-election as a director of the Company at this years' AGSM. Mr. Eaton will remain with the Company as a corporate adviser.

Share Issuance

Other results of the AGSM included disinterested shareholders approving the issuance of 2,513,964 shares to Gather Success Holdings Limited ("Gather Success"), a company controlled by Jayden's President and CEO, Letty Wan. The shares were issued pursuant to the Company's Rights Offering which closed On December 6, 2013. Gather Success agreed to purchase from the Company at the Subscription Price any shares (the "Standby Shares") that were not otherwise subscribed for under the Rights Offering. Gather Success purchased a total of 4,687,364 shares for $468,736. In consideration for Gather Success agreeing to subscribe for the Standby Shares, Gather Success was to be issued an additional 2,513,964 shares, which is equal to 10% of the number of rights offered pursuant to the Rights Offering upon approval by disinterested shareholders at the AGSM. 12,047,364 shares of the Company held by Ms. Wan at the Record Date for the AGSM were excluded from voting on this resolution.

Stock Option Plan

99.98% of the 46,545,619 shares voted at the meeting approved the renewal the Company's existing 2011 Stock Option Plan as is with no changes. The 10% rolling share option plan was first introduced at the Company's 2011 AGSM, and as per regulatory requirements is to be approved every 3 years by a majority vote of the shareholders. For more information on the Company's 2011 Stock Option Plan please refer to the Company's Information Circular for the AGSM which can be found under the Company's profile at www.sedar.com.

About Jayden Resources

Jayden Resources is a Canadian exploration company which holds a majority in the Silver Coin gold project located in the Golden Triangle of Northwest British Columbia near Stewart, B.C. The Golden Triangle includes previous producers including the historic Silbak-Premier Mine, Barrick Gold's famed Eskay Creek Mine.

On Behalf of the Board:

Letty Wan, President and Chief Executive Officer

The Toronto Stock Exchange has not yet reviewed and does not take responsibility for the adequacy of the content of this news release.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Leading cloud-centric IT organizations are establishing core capabilities to improve productivity, control costs and provide a highly responsive end-user experience. Key steps along this journey include creating an end-user cloud services catalog, automating workflows and provisioning, and implementing IT showback and chargeback. In his session at 19th Cloud Expo, Mark Jamensky, executive vice president of Products at Embotics, will walk attendees through an in-depth case study of enterprise I...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Apache Hadoop is a key technology for gaining business insights from your Big Data, but the penetration into enterprises is shockingly low. In fact, Apache Hadoop and Big Data proponents recognize that this technology has not yet achieved its game-changing business potential. In his session at 19th Cloud Expo, John Mertic, director of program management for ODPi at The Linux Foundation, will explain why this is, how we can work together as an open data community to increase adoption, and the i...
Digital transformation is too big and important for our future success to not understand the rules that apply to it. The first three rules for winning in this age of hyper-digital transformation are: Advantages in speed, analytics and operational tempos must be captured by implementing an optimized information logistics system (OILS) Real-time operational tempos (IT, people and business processes) must be achieved Businesses that can "analyze data and act and with speed" will dominate those t...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...