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Jade Leader Increases Financing

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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.

Jade Leader Corp. (TSXV:JADE) ha annunciato un aumento della sua offerta di collocamento privato non intermediato. L'azienda offrirà ora fino a 6.625.000 azioni ordinarie a 0,04 CAD per azione, con l'obiettivo di raccogliere proventi lordi fino a 265.000 CAD.

L'offerta è destinata a investitori accreditati, con tutti i titoli soggetti a un periodo di blocco di quattro mesi più un giorno dal closing. Il finanziamento richiede l'approvazione del TSX Venture. I proventi supporteranno il capitale circolante 2025, scopi aziendali generali, esplorazione di Jade e attività di marketing di Jade.

I membri interni dell'azienda parteciperanno al collocamento privato, costituendo una 'transazione tra parti correlate' ai sensi della Politica 5.9 del TSX Venture Exchange e del MI 61-101. L'azienda utilizzerà esenzioni dai requisiti di valutazione formale e di approvazione degli azionisti di minoranza, poiché il valore di mercato equo non supererà il 25% della capitalizzazione di mercato dell'azienda.

Jade Leader Corp. (TSXV:JADE) ha anunciado un aumento en su oferta de colocación privada no intermediada. La compañía ofrecerá ahora hasta 6,625,000 acciones ordinarias a $0.04 por acción, con el objetivo de recaudar ingresos brutos de hasta CAD$265,000.

La oferta está dirigida a inversionistas acreditados, con todos los valores sujetos a un periodo de retención de cuatro meses más un día a partir del cierre. El financiamiento requiere aprobación del TSX Venture. Los ingresos respaldarán capital de trabajo 2025, fines corporativos generales, exploración de Jade y actividades de marketing de Jade.

Los miembros internos de la empresa participarán en la colocación privada, constituyendo una 'transacción entre partes relacionadas' bajo la Política 5.9 del TSX Venture Exchange y del MI 61-101. La empresa utilizará exenciones de los requisitos de valoración formal y de aprobación de accionistas minoritarios, ya que el valor de mercado justo no superará el 25% de la capitalización de mercado de la empresa.

제이드 리더 코퍼레이션 (TSXV:JADE)은 비대행 프라이빗 플레이스먼트 제공의 증가를 발표했습니다. 이 회사는 이제 6,625,000주를 주당 0.04 CAD에 제공하며, 최대 265,000 CAD의 총 수익을 목표로 하고 있습니다.

이 제공은 공인 투자자를 대상으로 하며, 모든 증권은 마감일로부터 4개월과 하루의 보유 기간이 적용됩니다. 자금 조달은 TSX 벤처의 승인이 필요합니다. 수익금은 2025년 운영 자본, 일반 기업 목적, 제이드 탐사 및 제이드 마케팅 활동을 지원합니다.

회사 내부자는 프라이빗 플레이스먼트에 참여하며, 이는 TSX 벤처 거래소 정책 5.9 및 MI 61-101에서 '관련 당사자 거래'로 간주됩니다. 이 회사는 공정 시장 가치가 회사의 시가 총액의 25%를 초과하지 않기 때문에 공식 평가 및 소수 주주 승인 요건에서 면제를 활용할 것입니다.

Jade Leader Corp. (TSXV:JADE) a annoncé une augmentation de son offre de placement privé sans courtier. L'entreprise proposera désormais jusqu'à 6 625 000 actions ordinaires au prix de 0,04 CAD par action, visant à lever des recettes brutes pouvant atteindre 265 000 CAD.

L'offre cible les investisseurs accrédités, toutes les valeurs mobilières étant soumises à une période de blocage de quatre mois plus un jour à partir de la clôture. Le financement nécessite l'approbation de TSX Venture. Les produits soutiendront le fonds de roulement 2025, les fins d'entreprise générales, l'exploration de Jade et les activités de marketing de Jade.

Les initiés de l'entreprise participeront au placement privé, ce qui constituera une 'transaction entre parties liées' selon la Politique 5.9 de la Bourse TSX Venture et le MI 61-101. L'entreprise utilisera des exemptions des exigences d'évaluation formelle et d'approbation des actionnaires minoritaires, car la juste valeur marchande ne dépassera pas 25 % de la capitalisation boursière de l'entreprise.

Jade Leader Corp. (TSXV:JADE) hat eine Erhöhung ihres nicht vermittelten Privatplatzierungsangebots angekündigt. Das Unternehmen wird nun bis zu 6.625.000 Stammaktien zu je 0,04 CAD anbieten und strebt an, Bruttoerlöse von bis zu 265.000 CAD zu erzielen.

Das Angebot richtet sich an akkreditierte Investoren, wobei alle Wertpapiere einer Haltefrist von vier Monaten plus einem Tag ab Abschluss unterliegen. Die Finanzierung bedarf der Genehmigung durch TSX Venture. Die Erlöse werden das Betriebsvermögen 2025, allgemeine Unternehmenszwecke, Jade-Exploration und Jade-Marketingaktivitäten unterstützen.

Unternehmensinsider werden an der Privatplatzierung teilnehmen, was eine 'Transaktion zwischen verbundenen Parteien' gemäß Policy 5.9 der TSX Venture Exchange und MI 61-101 darstellt. Das Unternehmen wird Ausnahmen von den Anforderungen an eine formelle Bewertung und die Genehmigung von Minderheitsaktionären nutzen, da der faire Marktwert 25% der Marktkapitalisierung des Unternehmens nicht überschreiten wird.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

CALGARY, AB / ACCESS Newswire / January 23, 2025 / Jade Leader Corp. (TSXV:JADE) ("Jade Leader" or "the Company") is pleased to announce that the Company will increase its previously announced non-brokered private placement and will now offer up to 6,625,000 common shares, at a price of $0.04 per share, for gross proceeds of up to CDN$265,000.

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 shares. 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 25% of the market capitalization of the Company as calculated in accordance with MI 61-101.

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.

SOURCE: Jade Leader Corp.



View the original press release on ACCESS Newswire

FAQ

How much is Jade Leader Corp. (TSXV:JADE) raising in its increased private placement?

Jade Leader Corp. is raising up to CDN$265,000 through the offering of 6,625,000 common shares at $0.04 per share.

What is the hold period for securities issued in Jade Leader's 2025 private placement?

All securities issued under the offering will have a hold period of four months plus one day from the closing date.

How will Jade Leader use the proceeds from its 2025 private placement?

The proceeds will be used for 2025 working capital, general corporate purposes, Jade exploration, and Jade marketing activities.

Why is insider participation in Jade Leader's private placement considered a 'related party transaction'?

Insider participation triggers TSX Venture Exchange Policy 5.9 and MI 61-101 requirements, though exemptions apply as the fair market value is below 25% of market capitalization.

What is the price per share for Jade Leader's 2025 private placement?

The private placement offers common shares at a price of $0.04 per share.

JADE LEADER CORP

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