JADE LEADER CORP - MCKRF STOCK NEWS

Jade Leader Corp. (TSXV:JADE) has successfully completed the final tranche of its private placement, raising $259,000 in total gross proceeds. This tranche included 1,060,000 Units priced at $0.05 each. Each unit comprises one common share and half a common share purchase warrant, with a full warrant allowing purchase of an additional share at $0.10 until April 19, 2025.

The private placement was conducted on a non-brokered basis, targeting accredited investors, and included insider purchases of 520,000 Units. Proceeds will fund working capital, corporate purposes, and Jade exploration and marketing. All issued securities are subject to a four-month hold period, expiring August 20, 2023.

Jade Leader has published two significant articles in The Journal of Gemmology regarding its DJ Jade property in Washington State. The primary article delves into the characteristics of nephrite jade, particularly focusing on a new variety exhibiting optical phenomena. This research aims to enhance the visibility of Jade Leader's unique color-shifting jade within the global gemmological community. Co-authored by industry experts, the articles underscore the growing interest in novel gemstones. Furthermore, the articles will initially be available exclusively to Gem-A members and institutional subscribers for three months before wider access is granted. The publication highlights the burgeoning jade market, which reportedly surpasses the rough diamond market.

Jade Leader Corp. has successfully closed the first tranche of a private placement, raising $206,000 through the issuance of 4,120,000 Units at a price of $0.05 per Unit. Each Unit comprises one common share and half a common share purchase warrant, with a full warrant allowing the purchase of an additional share at $0.10 until April 4, 2025. The offering targeted accredited investors and is subject to a four-month hold period. Proceeds will be allocated for working capital, corporate purposes, and jade exploration & marketing. A second tranche is anticipated to close within 10 days.

Jade Leader Corp. (TSXV:JADE) announced its first sale of nephrite jade from the DJ project, generating gross proceeds of US$1,004 for a 5.02 kilo block, priced at US$200/kilo. The sale marks the beginning of a family jewelry series, carved from ethically sourced jade. The company is committed to a 'mine to market' model and has also launched a virtual gallery for additional jade materials. The burgeoning jade market is reportedly larger than that of rough diamonds, and Jade Leader plans to leverage its expertise in mineral exploration and jade carving.

Jade Leader Corp (TSXV:JADE) has announced positive developments regarding its unique color-change jade from the DJ project in Washington State. In mid-October, the company harvested over 500 kilos of jade, including materials exhibiting the rare color-change phenomenon. They plan further cutting of these stones to enhance inventory for studies and marketing. The company's president reported successful presentations at the Canadian Gemmological Association, potentially increasing visibility in global markets. Additionally, 55 kilos of white/green jade are being prepared for sale. Stock options for 2,250,000 shares were granted to insiders.

Jade Leader Corp (TSXV:JADE) has initiated a trenching program to collect nephrite jade that exhibits a unique color change phenomenon. A preliminary field test affirmed the feasibility of harvesting this jade. Additionally, President Jean-Pierre Jutras will speak at the Canadian Gemmological Association conference in Vancouver, showcasing the company's advancements. Jade Leader aims to capitalize on the expanding international jade market, which surpasses that of rough diamonds. The company possesses six exploration properties in the USA and is led by seasoned geologists with extensive experience in mineral exploration.