Announces Financing and Provides Corporate Update
Suite 815, 808 – 4th Ave, S.W. Calgary, AB, T2P 3E8 Canada | TEL 403 233 0464 | WEB www.jadeleader.ca
NEWS RELEASE: 23-01 MARCH 13, 2023
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES.
JADE LEADER
ANNOUNCES FINANCING AND PROVIDES CORPORATE
UPDATE
Calgary, Alberta – Jade Leader Corp. (TSX.V: JADE) (“Jade Leader” or “the Company”) is pleased
to announce a non-brokered private placement of up to 6 million Units, at a price of $0.05 per Unit ,
for gross proceeds of up to CDN$300,000. Each Unit consists of one common share and a half
common share purchase warrant. Each full common share purchase warrant (a “Warrant”) will
entitle the holder to purchase an additional common share at a price of $0.10 per share for a period
of two years following closing.
The Units are to be offered on a non- brokered basis by way of private placement to accredited
investors. A ll securities issued under the offering will be subject to a hold period of four months
plus one day from the date of closing. A finder’s fee of 5% may be paid to eligible agents upon
closing. This financing is subject to TSX Venture approval.
Proceeds of the financing are to be used for working capital, general corporate purposes as well as
additional Jade exploration and Jade marketing activities.
Corporate Update – Phenomenal Jade
Over the last 3 months, in order to increase Jade Leader’s visibility in the international gem
community, the Company has prepared an extensive, peer -reviewed research article on its
Washington State Phenomenal jade (see NR 22- 04 October 3, 2022 and NR 22- 06 November 15
2022). The article has been accepted for publication in The Journal of Gemmology , a leading
academic journal in its field. Further details will be provided when a publication status update is
provided to the Company by the editor-in-chief.
Jade Sales and Marketing
A second, 1.2 Kg “family stone” of the Company’s Wyoming Sky Jade © was recently sold for gross
proceeds of CDN$1,995 (or $1,619/Kg). The client purchased the stone in order to create a personal
collection of jewelry.
The Company continues to grow its online presence through Youtube, Instagram and Linke d In, with
now over 32,000 impressions of its main educational videos which familiarize the market with the
Company and its Jade products. The Company is also planning to continue to add additional inventory
of on-hand materials from both the Wyoming Sky Jade © and Washington Jades pilot scale programs on
its online store and gallery at jadeleader.shop
About Jade and Jade Leader Corp.
Recent 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 C orp, 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. Jutra s, B.Sc
Hons Geology, P.Geol who is also an internationally recognized Jade carver wi th over 30 year’s
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 on which nephrite jade w ith
various characteristics has now been identified in stable, mining-friendly jurisdictions in the USA.
On Behalf of the Board of Directors,
“Jean-Pierre Jutras”
Jean-Pierre Jutras,
President/Director
For Further Information Contact:
Jade Shop: www.jadeleader.shop
Instagram: @jadeleadercorp
Youtube Channel: Jade Leader Corp.
www.jadeleader.ca
Or Jean Pierre Jutras, President at 1.403.233.0464
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, inclu ding 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 o f Jade Leader. Th e 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 f rom 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.