VANCOUVER, Dec. 20, 2013 /CNW/ - Cayden Resources Inc. (TSXV: CYD) ("Cayden" or the "Company") under the terms of its existing stock option plan, the Company has granted 80,000 incentive stock options to a consultant of the Company, exercisable at a price of $1.10 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
About Cayden Resources - Cayden is a junior mining company focused on delivering shareholder value through the acquisition, exploration and development of precious metal projects in Mexico. The management team at Cayden is highly experienced with an impressive track record of success in the discovery, development and financing of mineral projects. Cayden is also strongly committed to the highest standards for environmental management, social responsibility, health and safety for its employees and neighboring communities. Cayden trades on the TSX Venture Exchange under the symbol "CYD". For more information on Cayden Resources, please visit our website at www.caydenresources.com
SOURCE: Cayden Resources Inc.
For further information:
Ivan Bebek, President, CEO and Director