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Enter Symbol
or Name
USA
CA



Jade Leader Corp
Symbol JADE
Shares Issued 37,492,708
Close 2018-10-22 C$ 0.22
Market Cap C$ 8,248,396
Recent Sedar Documents

Jade Leader closes $182,500 final tranche of financing

2018-10-23 12:38 ET - News Release

Mr. Jean-Pierre Jutras reports

JADE LEADER CLOSES FINAL TRANCHE OF FINANCING

Jade Leader Corp. has closed the final tranche of its previously announced non-brokered private placement and has issued a total of 4,595,816 units pursuant to this private placement for gross proceeds of $1,148,954.

The final tranche consisted of 730,000 units at a price of 25 cents per unit for gross proceeds of $182,500. Each unit consisted of one common share and one common share purchase warrant. Each common share purchase warrant entitles the holder to purchase one additional common share at a price of 40 cents per share until Oct. 23, 2020. The common shares issued pursuant to this private placement are subject to a hold period until Feb. 24, 2019. Insiders of the company purchased a total of 40,000 units. In connection with this tranche of the offering, Jade Leader has agreed to pay finders' fees of $1,250.

The net proceeds from the offering will be used for working capital, general corporate purposes and property exploration expenditures.

We seek Safe Harbor.

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