Early Warning Report - Shares of Jade Leader Corp

Rhea-AI Summary

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.

Positive

• Private placement raised $100,000 in new capital
• Significant insider investment showing confidence in company

Negative

• Potential share dilution from private placement
• Increased concentration of ownership by single investor

CALGARY, AB / ACCESS Newswire / February 4, 2025 / This press release is being disseminated as required by National Instrument 62-103 - The Early Warning System and Take over Bid and Insider Reporting Issues regarding the disposition and acquisition of securities of Jade Leader Corp. ("Jade Leader").

On February 4, 2025, Normand Goupil ("Mr. Goupil"), purchased pursuant to a private placement, a total of 2,500,000 Common Shares or 3.3% of the issued and outstanding shares on an undiluted basis of Jade Leader for cash consideration of $100,000 or $0.04 per Common Share. Following the share purchase Mr. Goupil will beneficially own, control or have direction over, directly or indirectly, an aggregate of 10,044,000 Common Shares representing 13.4% of the issued and outstanding Common Shares as well as hold 1,500,000 Warrants (representing 15.1% on a partly diluted basis, assuming the exercise of all Warrants held by Mr. Goupil). Mr. Goupil's acquisition represents an approximately 2.3% increase in his ownership and or control over Common Shares of Jade Leader on a partially diluted basis, assuming no further common shares of Jade have been issued. The Common Shares are being acquired for investment purposes and in the future, he may further decrease or increase his beneficial ownership of the securities of Jade Leader.

A copy of the early warning report will be available on Jade Leader's Sedar profile at www.sedar.com.

For Further Information Contact:

info@jadeleader.ca
Or Jean Pierre Jutras, President
at 1.403.233.0464

SOURCE: Jade Leader Corp.

View the original press release on ACCESS Newswire

FAQ

How many shares did Normand Goupil purchase in Jade Leader Corp (MCKRF) on February 4, 2025?

Normand Goupil purchased 2,500,000 Common Shares at $0.04 per share, totaling $100,000.

What percentage of Jade Leader Corp (MCKRF) does Normand Goupil own after the February 2025 purchase?

After the purchase, Goupil owns 13.4% of outstanding shares, or 15.1% on a partly diluted basis including warrants.

What was the price per share in Jade Leader Corp's (MCKRF) February 2025 private placement?

The private placement price was $0.04 per Common Share.

How many warrants does Normand Goupil hold in Jade Leader Corp (MCKRF)?

Normand Goupil holds 1,500,000 Warrants in Jade Leader Corp.