Jade Leader Initiates Insider-Led Private Placement for $240,000

Calgary-based Jade Leader Corp. has announced a non-brokered private placement aimed at raising up to CDN$240,000. The offering involves up to 6 million shares priced at $0.04 each, targeting accredited investors. All securities issued will be locked for four months plus one day post-closing, pending TSX Venture Exchange approval.

The funds will support the company's 2025 working capital and boost its jade exploration and marketing efforts. Insiders' participation in the placement qualifies as a related party transaction under TSX regulations. Jade Leader will rely on exemptions due to the transaction's size relative to its market capitalization.

Jade Leader focuses on exploring jade properties, leveraging its leadership's extensive experience in geology and jade carving to advance its ventures across stable regions in the USA.