JADE Leader Closes First Tranche of Financing
Suite 815, 808 – 4th Ave, S.W. Calgary, AB, T2P 3E8 Canada | TEL 403 233 0464 | WEB www.jadeleader.ca
NEWS RELEASE: 23-02 APRIL 4, 2023
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES.
JADE LEADER CLOSES FIRST TRANCHE OF FINANCING
Calgary, Alberta – Jade Leader Corp. (TSX.V: JADE) (“Jade Leader” or “the Company”) has
closed the first tranche of its private placement for a total of 4,120,000 Units at a price of $0 .05 per
Unit to raise gross proceeds of $206,000. Each unit consist ed of one common share and a half of a
common share purchase warrant. Each full common share purchase warrant (a “Warrant”) entitles
the holder to purchase an additional common share at a price of $0.10 per share until April 4, 2025.
The Units were offered on a non- brokered basis by way of private placement to accredited
investors. All securities issued under the offering have a hold period of four months plus one day or
until August 5, 2023. A finder’s fee of 5% was paid to eligible agents upon closing or $1,000.
The second and final tranche of the private placement is expected to close in the next 10 days and
all securities issued in connection with this tranche of the Offering will be subject to a four month
hold period from the date of closing.
Proceeds of the financing are to be used for working capital, general corporate purposes as well as
additional Jade exploration and Jade marketing activities.
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, 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 o f 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 circums tances could cause results to differ materially from those
predicted. Jade Leader disclaims any responsibility to update these forward -looking statements.