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Tag "cayden-resources-inc"

Cayden Resources Provides a Corporate Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to provide a corporate update to its shareholders.Cash position and sustainabilityThe Company currently has a strong cash position with over two years of operating capital. The current treasury including near-term receivables is approximately $15 million and Cayden is budgeting to have in excess of $9 million in the treasury in December

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Cayden Resources Receives $7.88 Million and Provides Corporate Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/01/13 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce that it has received the first payment of $7.88 million USD from Desarrollos Mineros San Luis, S.A. de C.V. ("DMSL") as a result of the previously announced sale of 2,492 hectares of non core landholdings of the Morelos Sur East concession.The second and final payment of $7.88 million USD for the Morelos Sur East Co

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Cayden Resources Sells a Fraction of its Morelos Sur Gold Concession for $15.7 million 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/01/13 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce the sale by Cayden-s Mexican subsidiary LC Mines, S.A. de C.V. ("LCM") of two blocks of the eastern portion (15%) of its Morelos Sur Concession "Morelos East Concession" to Desarrollos Mineros San Luis, S.A. de C.V. ("DMSL"), Goldcorp-s subsidiary which owns and operates the adjacent Los Filos mi

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Cayden Acquires Option to Buy-Out Morelos Sur Gold Concession Royalties 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/31/13 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce that it has acquired an option to buy out the royalties on its Reduccion Morelos Sur and Tenantla claims as part of a planned sub-division of the concessions into separate concession areas. These areas together comprise the wholly owned Morelos Sur property. Cayden-s Mexican subsidiary will be applying to divide these concess

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Cayden Arranges a Non-Brokered Private Placement for $4.2 Million 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/12 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce that it has arranged a financing for $4.2 million through a non-brokered private placement. The financing will consist of 4.2 million units (the "Units") of the Company at a price of CAD$1.00 per Unit (the "Offering"). Each unit will consist of one common share plus one half of one common share purchase wa

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Cayden Appoints David M. Jones and Russell Starr to its Board of Directors 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/20/12 — Cayden Resources Inc. (TSX VENTURE: 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 and Manager of Teck-s Nukay Project from 1994-1999, Mr. Jon

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Cayden Intersects 18.3 Meters of 119 g/t Silver, 2.73% Zinc and 1.89% Lead at its Quartz Mountain Project, Nevada 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/23/12 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce it has received additional assay results from reverse circulation drilling at the Quartz Mountain property near Fallon, Nevada, USA. These results come from eight step-out holes that follow up on the significant grades and widths of silver and base-metal mineralization encountered in the initial holes reported on February 15,

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Cayden Resources Announces Drilling to Start On Its Las Calles Gold Target 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/30/11 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce it will begin drilling in October at its Las Calles target on its Morelos Sur Project in Guerrero, Mexico. The Las Calles target represents a significant opportunity for Cayden to expand on existing positive gold intercepts previously drilled by Grupo Mexico in a line of east-west holes near the boundary of Goldcorp-s Los Fil

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