JADE LEADER CORP - MCKRF STOCK NEWS

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.

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.

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.

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.

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.

Jade Leader has announced the publication of a key scientific article on its Wyoming Jades in the March 2024 issue of The Journal of Gemmology.

The article, titled 'Nephrite Jade from the Sky Zone, USA: Characteristics and Primary Hydrothermal Origin,' details the company's ongoing research and its implications for the international gemstone market.

The technical paper enhances the visibility of Jade Leader's products and lays out testing parameters for third parties to evaluate the jades. This publication is expected to significantly boost the market potential of these gemstones. The research was a collaborative effort involving independent experts and was peer-reviewed.

Jade Leader Corp. (TSX.V:JADE) provided a corporate, marketing, and exploration update, reporting an increase in Jade sales to $13,469 in 2023 from US$1,841 and US$12,563 in 2021 and 2022 respectively. The company's research efforts have increased market awareness of their Wyoming and Washington jades, with sales proceeds to be used for further exploration and development. The company's Sky Jade© materials have shown an effective in-situ realized bulk value of US$1,179/tonne, and recent research has positioned them as Earth's first known jades. The publication of their research in Gem-A's The Journal of Gemmology is expected to raise visibility in the international gem community.

Jade Leader Corp. (TSXV:JADE) announces the approval of extending the term of certain warrants and reducing the exercise price. The TSX Venture Exchange has approved the extension of 1,607,142 Warrants until November 17, 2025, and the repricing of the warrants from $0.14 per share to $0.07 per share, with an acceleration clause. None of the warrants are held by insiders.

Jade Leader Corp. is seeking to extend the term of certain warrants and reduce the exercise price. The expiry date of 1,607,142 warrants will be extended until November 17, 2025. The warrants will be repriced from $0.14 per share to $0.07 per share. An acceleration clause will be included, reducing the term to 30 days if the closing price of the shares exceeds $0.07 by 25% or more for ten consecutive trading days.