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Cayden Resources Inc.

Published : April 23rd, 2012

Appoints David M. Jones and Russell Starr to its Board of Directors

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Keywords :   Capital Markets | Gold | Gold Producer | Mexico |

Cayden Resources appoints David Jones and Russell Starr to the board

Cayden Resources Inc. (TSX-V: CYD) (�Cayden� or the �Company�) is pleased to announce the appointments of David M. Jones and Russell Starr to the Board of Directors.

David M. Jones is a graduate of Dartmouth College and the University of Arizona (M.S. 1987) with over 30 years experience in mineral exploration and project management. As Chief Geologist of Teck's Nukay Project from 1994-1999, Mr. Jones is credited with the geologic modeling that led to the discovery of the Los Filos gold-skarn deposit, which became Mexico's largest gold producer (Goldcorp Inc.) in 2010.

Mr. Jones has published numerous technical articles and is considered to be the foremost expert on Guerrero Gold Belt type deposits. Mr. Jones has worked extensively throughout the Guerrero Gold Belt for clients including Wheaton River, Pe�oles, Grupo Mexico, Torex and a number of Canadian juniors.

Russell Starr was the Head of Capital Markets for a boutique Canadian investment bank and has been active in the financial services industry for over 13 years.  Mr. Starr has worked for global investment banks and independent boutique investment dealers during his career working both as an equity salesperson/trader as well as in corporate finance. Russell holds a Masters in Business Administration from the Richard Ivey School of Business and a Master of Economics from the University of Victoria.

Russell will be joining Cayden as a full time Director and VP Corporate Development, where his extensive background in the public markets will be a significant asset to the Company.

President and CEO Ivan Bebek states: �We are very pleased to be able to further strengthen our board. David Jones with his extensive technical background and as an authority on the Guerrero Gold Belt is a tremendous compliment to our Morelos project that encircles Goldcorp�s Los Filos and El Bermejal mines. The addition of Russell Starr will enhance the Company�s market exposure and enhance future financing efforts with his background from the corporate banking side of the business.�

To allow room for the new board members, Peter Rees will be resigning from the board of directors but will be continuing on in the role as Chief Financial Officer and Corporate Secretary.

The Company also reports that, subject to regulatory approval, it has granted 990,000 incentive stock options to directors, officers and employees of the company, exercisable at a price of $1.60 per share for a period of five years from the date of grant. Any shares issued under the option grant will be subject to a four-month hold period from the date of granting, pursuant to the policies of the TSX Venture Exchange.

On Behalf of the Board,

Ivan Bebek, President and CEO

 

Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Cayden Resources Inc.

CODE : CYD.V
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Cayden Resources is a gold exploration company based in Canada.

Cayden Resources is listed in Canada. Its market capitalisation is CA$ 99.9 millions as of today (US$ 87.3 millions, € 70.1 millions).

Its stock quote reached its highest recent level on January 07, 2011 at CA$ 4.74, and its lowest recent point on May 10, 2013 at CA$ 0.64.

Cayden Resources has 41 610 000 shares outstanding.

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Financings of Cayden Resources Inc.
8/8/2012arranges a Non=2DBrokered Private Placement for $4.2 Million
Nominations of Cayden Resources Inc.
4/23/2012Appoints David M. Jones and Russell Starr to its Board of Di...
6/24/2011Adds To Its Board Of Directors
Project news of Cayden Resources Inc.
8/22/2013Samples 29 m of 3.1 g=2Ft Gold at El Barque=C3=B1o in a new ...
8/12/2013(Morelos Sur)Announces Drill Results From La Magnetita=2C Morelos Sur Con...
8/12/2013(Morelos Sur)Announces Drill Results from La Magnetita, Morelos Sur Conce...
7/18/2013Samples 35 M Of 3.0 G=2FT Gold At El Barque=C3=B1o And Disco...
9/17/2012Provides Updates On Mexican Projects
7/4/2012Expands The La Magnetita Target Area
4/18/2012Options the El Barque=C3=B1o Gold Property in Mexico=E2??s S...
3/23/2012Intersects 18.3 meters of 119 g=2Ft Silver=2C 2.73% Zinc and...
12/2/2011(Morelos Sur)Commences Drilling at Quartz Mountain Silver-Gold Project an...
9/8/2011to Commence Drilling at its Wildcat Copper-Gold Project Loca...
8/22/2011(Morelos Sur)Discovers New Mineralized Zone at Morelos Sur Gold Property ...
3/31/2011(Morelos Sur)Cayden Resources Provides Morelos Sur Gold Project Update
Corporate news of Cayden Resources Inc.
9/8/2014Agnico Eagle to Acquire Cayden Resources
3/28/2014drills 20m of 1.7 g/t Au at Azteca and adds second drill to ...
12/20/2013Grants Stock Options
9/4/2013Discovers More High Grades in Trenches at El Barqueno, Exten...
8/22/2013Samples 29 m of 3.1 g/t Gold at El Barqueno in a New Target ...
8/1/2013Clarifies Technical Disclosure
7/18/2013Samples 35 m of 3.0 g/t Gold at El Barqueño and Discovers Tw...
7/2/2013acquires 36=2C700 hectares around El Barque=C3=B1o
6/25/2013Samples 13 m of 8.3 g=2Ft Gold at El Barque=C3=B1o
6/25/2013Samples 13 m of 8.3 g/t Gold at El Barqueno
6/25/2013Samples 13 m of 8.3 g/t Gold at El Barqueno
6/3/2013Samples 21 M Of 8.3 G=2FT Gold At El Barque=C3=B1o
6/3/2013Samples 21 m of 8.3 g/t Gold at El Barqueno
5/10/2013samples 91m of 2.9 g=2Ft Gold at El Barque=C3=B1o
5/7/2013Provides A Corporate Update
2/1/2013(Morelos Sur)Sells a Fraction of its Morelos Sur Gold Concession
1/31/2013(Morelos Sur)Divides Morelos Sur Gold Concession and Re=2Dnegotiates Roya...
9/25/2012Commences Drilling At The La Magnetita East Target
8/16/2012Raises CAD$5.1 Million Through A Non=2DBrokered Private Plac...
7/26/2012Intercepts 20 Meters Of 6.39 G=2FT Gold In New Trench At La ...
7/10/2012Drills 28.5 Meters Of 3.21 G=2FT Au At Las Calles
6/6/2012Commences Drilling On The La Magnetita Target
5/31/2012Intercepts 24 m of 1.65 g=2Ft Gold in New Trench at La Magne...
5/16/2012Identifies Significant Gold In Soil Anomaly At La Magnetita
3/30/2012discovers new lower zone containing significant gold=2C silv...
3/5/2012Drills 14 meters of 4.2 g=2Ft Au at Las Calles and trenches ...
2/15/2012Intersects 15.2 meters of 188 g/t Silver, 5.3% Zinc and 4.7%...
5/19/2011Options Nevada Silver-Gold Properties
5/4/2011(Morelos Sur)Drills 15.3 Meters of 7.3 g/t Au at the Morelos Sur Gold Pro...
4/15/2011Graduates To Tier 1 On The TSX Venture Exchange
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