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Jade Leader - MCKRF STOCK NEWS

Welcome to our dedicated page for Jade Leader news (Ticker: MCKRF), a resource for investors and traders seeking the latest updates and insights on Jade Leader stock.

Jade Leader Corp (MCKRF) is a leading company in the international Jade market, with a focus on mineral exploration and Jade carving expertise. The company has identified Nephrite Jade on 6 exploration properties in the USA, showcasing various characteristics. Recent achievements include extending the term of certain warrants and reducing the exercise price, aiming to boost shareholder value. With increasing Jade sales and market awareness, Jade Leader Corp is poised for growth and innovation in the Jade industry.

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Jade Leader Corp announces that Normand Goupil has purchased 2,500,000 Common Shares through a private placement on February 4, 2025, representing 3.3% of outstanding shares, for $100,000 ($0.04 per share). Following this transaction, Goupil now owns or controls 10,044,000 Common Shares, representing 13.4% of outstanding shares, plus 1,500,000 Warrants (15.1% on a partly diluted basis).

The acquisition marks a 2.3% increase in Goupil's ownership on a partially diluted basis. The shares were acquired for investment purposes, with the possibility of future increases or decreases in his ownership position.

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Jade Leader Corp. (TSXV:JADE) has completed its previously announced non-brokered private placement, raising CDN$265,000 through the issuance of 6,625,000 common shares at $0.04 per share. The securities will be subject to a four-month hold period until June 5, 2025.

Notable insider participation included President Jean-Pierre Jutras purchasing 2,500,000 shares (increasing his ownership to 8.1% non-diluted), and Normand Goupil acquiring 2,500,000 shares (reaching 13.4% ownership non-diluted). Together, insiders purchased 5,000,000 shares in the placement.

The proceeds will fund 2025 working capital, general corporate purposes, jade exploration, and marketing activities. No finder's fees were paid in connection with this transaction.

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Jade Leader Corp. (TSXV:JADE) has announced an increase in its non-brokered private placement offering. The company will now offer up to 6,625,000 common shares at $0.04 per share, aiming to raise gross proceeds of up to CDN$265,000.

The offering targets accredited investors, with all securities subject to a four-month plus one-day hold period from closing. The financing requires TSX Venture approval. Proceeds will support 2025 working capital, general corporate purposes, Jade exploration, and Jade marketing activities.

Company insiders will participate in the Private Placement, constituting a 'related party transaction' under TSX Venture Exchange Policy 5.9 and MI 61-101. The company will utilize exemptions from formal valuation and minority shareholder approval requirements, as the fair market value won't exceed 25% of the company's market capitalization.

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Jade Leader Corp (TSXV:JADE) has announced an Insider-led non-brokered private placement offering up to 6 million shares at $0.04 per share, aiming to raise gross proceeds of up to CDN$240,000. The offering targets accredited investors with a mandatory four-month plus one day hold period from closing.

The proceeds will fund 2025 working capital, general corporate purposes, Jade exploration, and Jade marketing activities. The private placement includes insider participation, constituting a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101. The company will utilize exemptions from formal valuation and minority shareholder approval requirements, as the transaction value won't exceed 25% of market capitalization.

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Jade Leader Corp. (TSXV:JADE) reports progress on its August 2024 field program across its Wyoming jade properties. The company discovered fine-grained hydrothermal jades in various colors at multiple sites, including the Toad property (5km from Sky Zone) and Scorpion property (6km away). The Toad property shows promising potential with jade-bearing formation spanning 140 meters by 20-40 meters.

The company plans a pilot-scale production test at Toad property in 2025, subject to permits and funding. Company President Jean-Pierre Jutras has been invited to speak at the 2025 AGA Gemological Conference during the Tucson Gem show. The company's marketing efforts through social media have generated over 25,000 impressions for recent video content.

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Jade Leader Corp. (TSXV:JADE) has closed the final tranche of its private placement, raising total gross proceeds of $160,000. The final tranche consisted of 500,000 Units at $0.05 per Unit, totaling $25,000. Each Unit includes one common share and a half common share purchase warrant. The company also completed a two-week field program in Wyoming, generating over 67 kilos of jade and associated materials. The first 56 kilos are being processed for quality assessment and marketing purposes. Insiders purchased a total of 700,000 Units in the Private Placement, constituting a related party transaction. Proceeds will be used for working capital, general corporate purposes, and additional jade exploration and marketing activities.

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Normand Goupil has corrected his reported share ownership in Jade Leader Corp. On August 22, 2024, he purchased 1,500,000 Units (2.2% of outstanding shares) for $75,000 in a private placement. Each Unit includes one common share and half a warrant. After this purchase, Goupil now beneficially owns 7,544,000 Common Shares (11.1% of outstanding shares), not 7,000,000 (10.4%) as previously reported. He also holds 1,500,000 Warrants, representing a 13.1% stake on a partly diluted basis. The correction was issued to comply with National Instrument 62-103 requirements.

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On August 22, 2024, Normand Goupil purchased 1,500,000 Units of Jade Leader Corp. (MCKRF) in a private placement for $75,000, or $0.05 per Unit. Each Unit includes one common share and a half common share purchase warrant. After this transaction, Goupil owns 7,000,000 Common Shares, representing 10.4% of outstanding shares, and 1,500,000 Warrants. This increases his ownership to 12.3% on a partly diluted basis. The acquisition was made for investment purposes, and Goupil may adjust his ownership in the future. This early warning report is required by National Instrument 62-103.

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Jade Leader Corp. (TSX.V:JADE) has closed the first tranche of its non-brokered private placement, raising $135,000 through the issuance of 2,700,000 Units at $0.05 per Unit. Each Unit includes one common share and a half warrant, with full warrants exercisable at $0.10 per share until August 22, 2027. The company plans to close the second tranche in early September.

Insiders purchased 250,000 Units, while Normand Goupil acquired 1,500,000 Units, becoming a new insider with 10.4% ownership. The proceeds will fund working capital, corporate purposes, and Jade exploration and marketing activities. Jade Leader also announced a summer field program in Wyoming, focusing on the Sky Zone and 3-4 additional targets, aiming to find more marketable Jade and diverse samples to meet market demand.

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Jade Leader Corp. (TSX.V:JADE) has announced a non-brokered private placement of up to 4 million Units at $0.05 per Unit, aiming to raise up to CDN$200,000. Each Unit includes one common share and a half common share purchase warrant. Full warrants allow purchasing an additional share at $0.10 for three years, with an acceleration clause if the stock price exceeds $0.25 for ten consecutive trading days. The offering targets accredited investors with a four-month hold period. Proceeds will fund working capital, corporate purposes, jade exploration, and marketing. Insiders may participate, constituting a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101, with exemptions from formal valuation and minority shareholder approval requirements.

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FAQ

What is the current stock price of Jade Leader (MCKRF)?

The current stock price of Jade Leader (MCKRF) is $0.01 as of February 7, 2025.

What is the market cap of Jade Leader (MCKRF)?

The market cap of Jade Leader (MCKRF) is approximately 1.7M.

What is Jade Leader Corp known for?

Jade Leader Corp is recognized for its expertise in the international Jade market, combining mineral exploration knowledge with Jade carving skills.

Where does Jade Leader Corp operate?

Jade Leader Corp focuses on Jade exploration properties in the USA, where Nephrite Jade with various characteristics has been identified.

What recent achievements has Jade Leader Corp made?

Jade Leader Corp recently extended the term of certain warrants and reduced the exercise price, demonstrating a commitment to enhancing shareholder value.

How has Jade Leader Corp contributed to the Jade market awareness?

By increasing Jade sales and promoting market awareness, Jade Leader Corp is playing a significant role in expanding the reach and recognition of Jade in the industry.

What are the core business activities of Jade Leader Corp?

Jade Leader Corp primarily focuses on mineral exploration, identifying Nephrite Jade, and leveraging its carving expertise to build a strong portfolio of Jade exploration properties.

Who leads Jade Leader Corp?

Jade Leader Corp is led by Jean-Pierre Jutras, an internationally recognized jade carver and President/Director with over 30 years of experience and a background in Geology.

What sets Jade Leader Corp apart in the industry?

Jade Leader Corp stands out in the industry due to its unique combination of mineral exploration expertise, Jade carving knowledge, and commitment to innovation in the Jade market.

How can I stay updated on Jade Leader Corp news?

For the latest news and information on Jade Leader Corp, visit their website or contact them directly via email or phone.

What future projects is Jade Leader Corp working on?

Jade Leader Corp is focused on advancing its Jade exploration properties and developing innovative projects to drive growth and success in the Jade industry.

What is the market outlook for Jade Leader Corp?

With a strong presence in the international Jade market, Jade Leader Corp is well-positioned for continued success and expansion in the industry.
Jade Leader

OTC:MCKRF

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MCKRF Stock Data

1.66M
59.44M
18.94%
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