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JADE.V ·

Securities Act

Corporate Updates

FORM 51-102F3

Securities Act

MATERIAL CHANGE REPORT UNDER THE ACT

1. Name and Address of Company:

Jade Leader Corp.

#815, 808 – 4th Ave. S.W.

Calgary, Alberta, T2P 3E8

2. Date of Material Change: April 4, 2023

3. News Release: Issued on April 4, 2023 through Accesswire

4. Summary of Material Change:

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 consisted 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 offer ed 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.

.

5. Full Description of Material Change:

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 consisted 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 offer ed 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.

6. Reliance on subsection 7.1(2) or (3) of National Instrument 51-102: N/A

7. Omitted Information: N/A

8. Senior Officer: Barbara O’Neill, Corporate Secretary (403) 233-0464

DATED this 7th day of April 2023.

“Barbara O’Neill”

Barbara O’Neill, Corporate Secretary