Mr. Jean-Pierre Jutras reports

JADE LEADER ANNOUNCES CDN$50,000 SALE OF ROUGH WYOMING JADE AND ADOPTS SEMI-ANNUAL FINANCIAL REPORTING

Jade Leader Corp. has made its initial sale of 1,200 pounds (approximately 544 kilograms) of rough Wyoming ornamental nephrite jades to a customer fabricating tiles and backlit ornamental architectural surfaces (see Nov. 20, 2025, release). The jade to fill in this order was produced in 2019 and shipped from its secure storage facility. This jade was a product of the company's early Wyoming exploration, where over 22 tonnes of ornamental jade material was collected from two short trenches. The exploration focus subsequently changed to the more uniform, gem jades of the nearby Sky zone of the Scorpion and Toad properties. This sale leaves the company with an inventory of 20,865 kilos of similar ornamental jade.

"This sale is a major milestone that opens entirely new and potentially large-scale markets for luxury architectural products fabricated from ornamental-quality nephrite jades from our Wyoming projects," stated J.-P. Jutras, PGeol, Jade Leader president and director. "Prices realized on this first sale are in line with our expectations, as well as the current world market for ornamental/carving material in this quantity."

Wyoming state royalties

As a long-standing mining state that produces many mineral commodities, Wyoming has a modern royalty regime to ensure that all mining production and mineral sales from the state benefit state projects, education, infrastructure and the state's permanent fund for future generations. As with the company's previous sales of gem material, a combined 12-per-cent royalty, minus allowable operational deductions, will be paid on its sales of ornamental jades.

Adoption of semi-annual financial reporting

Additionally, the company announces that it has elected to rely upon Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers) and adopt semi-annual financial reporting. This news release is being filed pursuant to CBO 51-933. CBO 51-933 allows eligible venture issuers to voluntarily amend their disclosure from a quarterly to a semi-annual financial reporting framework. The company's fiscal year ends on Sept. 30. Under the provisions of CBO 51-933, the company can be exempted from the requirements to file quarterly financial statements for each of its first and third fiscal quarters, together with associated management's discussion and analysis, for so long as it continues to meet all eligibility criteria under CBO 51-933. The company confirms it meets this applicable eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million. Accordingly, the company does not intend to file interim financial statements and associated MD&A for the nine months ended June 30, 2026, nor the first quarter of fiscal 2027, the three months ended Dec. 31, 2026. The company will also not be required to file any interim financial statements and associated MD&A for any subsequent quarters for the first quarter ended Dec. 31 and the third quarter ended June 30 in each fiscal year, subject to continuing availability of, and compliance with, CBO 51-933.

Continuing jade product development

The company's ornamental jade marketing efforts are based on selling representative samples of previously collected materials that have striking potential for luxury backlit architectural pieces, focal points and inserts. As opposed to typical ornamental stones such as granite and marble, which are quarried in multitonne blocks, its Wyoming ornamental jade is extracted as discrete rounded to angular blocks ranging in size from a few kilos to over a tonne, making it possible to slab individual blocks with a natural live edge, which is rare for natural ornamental stone. Combining both vein and pattern matching with LED backlighting, the stone has shown excellent potential for unique architectural statement pieces.

Ornamental jade target summary

The company's trenching and jade collection program, undertaken in 2019, outlined the ornamental jade-bearing system in both outcrop and subcrop over more than 200 metres, with widths varying between two and four metres (see press release dated Oct. 24, 2019). Two trenches were excavated across the system for jade characterization and harvesting. Each trench had a three-metre maximum width and 1.5-metre maximum depth. These two shallow trenches were spaced 180 metres apart, so approximately only 3 per cent of the known strike length of this jade-bearing zone was tested.

Qualified person

Mr. Jutras, PGeol, president of the company, is the company's qualified person as defined by National Instrument 43-101. Mr. Jutras and Jade Leader employees have maintained full chain of custody of all sample materials, which are the subject of this update throughout the extraction and testing process and have approved the technical disclosure contained in this news release.

About Jade Leader Corp.

Jade Leader, with a board of directors having over 120 years of combined experience as mineral exploration geologists with proven records of discoveries, is led by Mr. Jutras, who is also an internationally recognized jade carver with over 30 years of experience.

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