Jade Leader Announces Financing
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.
Jade Leader Corp (TSXV:JADE) ha annunciato un'offerta di collocamento privato non mediata, guidata da insider, fino a 6 milioni di azioni a 0,04 $ per azione, con l'obiettivo di raccogliere proventi lordi fino a CDN$240,000. L'offerta è rivolta a investitori accreditati e prevede un periodo di blocco obbligatorio di quattro mesi più un giorno dalla chiusura.
I proventi finanzieranno il capitale circolante 2025, scopi aziendali generali, esplorazione del giada e attività di marketing del giada. Il collocamento privato include la partecipazione di insider, costituendo una transazione con parti correlate ai sensi della Politica 5.9 della Borsa di Venture TSX e del MI 61-101. L'azienda utilizzerà esenzioni dai requisiti di valutazione formale e approvazione da parte degli azionisti di minoranza, poiché il valore della transazione non supererà il 25% della capitalizzazione di mercato.
Jade Leader Corp (TSXV:JADE) ha anunciado una oferta de colocación privada no mediada liderada por insiders de hasta 6 millones de acciones a $0.04 por acción, con el objetivo de recaudar ingresos brutos de hasta CDN$240,000. La oferta está dirigida a inversores acreditados y tiene un período de retención obligatorio de cuatro meses más un día desde el cierre.
Los ingresos financiarán capital de trabajo 2025, propósitos corporativos generales, exploración de jade y actividades de marketing de jade. La colocación privada incluye participación de insiders, constituyendo una transacción con partes relacionadas bajo la Política 5.9 de la Bolsa de Venture de TSX y MI 61-101. La empresa utilizará excepciones a los requisitos de valoración formal y aprobación de accionistas minoritarios, ya que el valor de la transacción no superará el 25% de la capitalización de mercado.
제이드 리더 Corp (TSXV:JADE)는 최대 600만 주의 비중개 내부자 주식 매각을 발표했으며, 가격은 주당 $0.04로, 총 수익 목표는 CDN$240,000입니다. 이 매각은 인증된 투자자들을 대상으로 하며, 거래 마감 후 의무적인 4개월 + 1일의 보유 기간이 있습니다.
수익금은 2025년 운영 자본, 일반 기업 용도, 제이드 탐사 및 제이드 마케팅 활동에 사용됩니다. 이 사모 주식에는 내부자 참여가 포함되며, 이는 TSX 벤처 거래소 정책 5.9 및 MI 61-101에 따라 관련 당사자 거래로 간주됩니다. 이 회사는 거래 가치가 시장 자본금의 25%를 초과하지 않기 때문에 공식 평가 및 소액주주 승인의 요구 사항에 대한 면제를 사용할 것입니다.
Jade Leader Corp (TSXV:JADE) a annoncé une Offre de placement privé de maximum 6 millions d'actions à 0,04 $ par action, visant à lever des produits bruts d'un maximum de CDN$240,000. L'offre cible les investisseurs accrédités avec une période de blocage obligatoire de quatre mois plus un jour à partir de la clôture.
Les fonds serviront à financer le fonds de roulement 2025, des objectifs d'entreprise généraux, l'exploration de jade et les activités de marketing du jade. Le placement privé comprend la participation d'insiders, constituant une transaction avec des parties liées selon la Politique 5.9 de la Bourse de Toronto et la MI 61-101. L'entreprise utilisera des exonérations aux exigences d'évaluation formelle et d'approbation des actionnaires minoritaires, car la valeur de la transaction ne dépassera pas 25 % de la capitalisation boursière.
Jade Leader Corp (TSXV:JADE) hat eine von Insidern geführte, nicht vermittelte Privatplatzierung angekündigt, die bis zu 6 Millionen Aktien zu einem Preis von 0,04 $ pro Aktie anbietet, mit dem Ziel, Bruttoeinnahmen von bis zu CDN$240,000 zu erzielen. Die Platzierung richtet sich an akkreditierte Investoren und sieht eine verpflichtende Haltefrist von vier Monaten plus einem Tag nach Abschluss vor.
Die Einnahmen werden verwendet, um Betriebskapital 2025, allgemeine Unternehmenszwecke, Jade-Exploration und Jade-Marketingaktivitäten zu finanzieren. Die Privatplatzierung beinhaltet die Teilnahme von Insidern und stellt eine Transaktion mit nahestehenden Personen gemäß der TSX Venture Exchange Policy 5.9 und MI 61-101 dar. Das Unternehmen wird Ausnahmen von den Anforderungen an formelle Bewertungen und die Genehmigung von Minderheitsaktionären in Anspruch nehmen, da der Transaktionswert 25 % der Marktkapitalisierung nicht überschreiten wird.
- Secured potential funding of CDN$240,000 through private placement
- Insider participation demonstrates management confidence
- Funds allocated for exploration and marketing activities
- Dilutive effect on existing shareholders with 6 million new shares
- Low share price of $0.04 indicates potential company valuation concerns
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
CALGARY, AB / ACCESS Newswire / January 21, 2025 / Jade Leader Corp. (TSXV:JADE) ("Jade Leader" or "the Company") is pleased to announce an Insider-led non-brokered private placement of up to 6 million shares, at a price of
The shares are to be offered on a non-brokered basis by way of private placement to accredited investors. All securities issued under the offering will be subject to a hold period of four months plus one day from the date of closing. This financing is subject to TSX Venture approval.
Proceeds of the financing are to be used for 2025 working capital, general corporate purposes as well as additional Jade exploration and Jade marketing activities.
In connection with the Private Placement, insiders will purchase Units. The participation of those individuals constitutes a "related party transaction" within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument MI 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") adopted in the Policy. The Company will rely on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the subject matter of the Private Placement will not exceed
About Jade and Jade Leader Corp.
Recent trade articles and mainstream publications suggest that the international Jade market is now larger than the better-known worldwide market for rough diamonds, without any participation in the space by publicly listed Companies prior to the formation of Jade Leader Corp.
Jade Leader, with a Board of Directors having over 120 years of combined experience as mineral exploration geologists with proven track records of discoveries, is led by JP. Jutras, B.Sc Hons geology, P.Geol., who is also an internationally recognized Jade carver with over 30 years of experience.
Jade Leader is leveraging this unique combination of mineral exploration expertise and Jade carving knowledge to advance a portfolio of 6 Jade exploration properties, all carrying nephrite Jade with various characteristics, in stable, mining-friendly jurisdictions in the USA.
On Behalf of the Board of Directors,
"Jean-Pierre Jutras"
Jean-Pierre Jutras, President/Director
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Jade Leader's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Jade Leader. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Jade Leader's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Jade Leader's filings with the Canadian securities authorities. Accordingly, holders of Jade Leader shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Jade Leader disclaims any responsibility to update these forward-looking statements.
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
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