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Jinhua Capital Corp (3)
Symbol	JHC
Shares Issued	52,637,859
Close 2023-12-14	C$ 0.07
Market Cap	C$ 3,684,650
Recent Sedar+ Documents

Jinhua arranges $442,040 private placement

2023-12-14 16:39 ET - News Release

Subject: Jinhua Capital Corporation - News Release for Immediate Dissemination Word Document File: '\\swfile\EmailIn\20231214 133141 Attachment Jinhua - News Release announcing LIFE Offering of Shares (December 2023)(FINAL).docx' LEGAL_42785210.3 Jinhua Capital Corporation TSXV: JHC JINHUA CAPITAL CORPORATION Suite 1500 - 1055 West Georgia Street Vancouver, British Columbia V6E 4N7 Jinhua Announces Non-Brokered Private Placement of Common Shares NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES VANCOUVER, BC - December 14, 2023 - Jinhua Capital Corporation (TSX-V: JHC) (the "Company" or "Jinhua") is pleased to announce a non-brokered private placement (the "Offering") of up to 8,840,818 common shares (the "Shares") at a price of $0.05 per Share, for aggregate gross proceeds of up to $442,040. In connection with the Offering, the Company may pay certain finders (each, a "Finder") a cash commission equal to 8% of the aggregate gross proceeds raised from those purchasers introduced by such Finders and/or issue to such Finders such number of non-transferable share purchase warrants equal to 8% of the total number of Shares sold to purchasers introduced by such Finders, which provide that such Finders may acquire common shares of the Company (each, a "Finder's Warrant Share"), at an exercise of $0.10 per Finder's Warrant Share, for a period of 12 months from the date of issuance. The Company intends to use the proceeds raised from the Offering for general corporate purposes. The Offering may close in tranches. The Offering is expected to close on or before December 22, 2023. The Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange. The Offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 Prospectus Exemptions and therefore the securities issued in the Offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There will be an offering document related to the Offering that will be available under the Company's profile at www.sedarplus.ca. Prospective investors should read this offering document before making an investment decision. The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. About the Company Jinhua is a mineral exploration company focused on exploring the Pluto Gold and Base Metals Property located in the Dolomieu and Daubree Townships of Quebec and the Indigo Graphite Project in the Saint-Michel-des-Saints municipality of Quebec. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities. For further information, please contact: Chris Thomas Interim CEO and Director e: Thomas.chris250@gmail.com c: +1 (778) 988.8650 Forward-Looking Statements This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Offering, the use of proceeds of the Offering, and future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly the included forward-looking statements as expressly required by Canadian securities law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. PDF Document File: Attachment Dec-14-2023-NR.pdf Jinhua Capital Corporation TSXV: JHC JINHUA CAPITAL CORPORATION Suite 1500 - 1055 West Georgia Street Vancouver, British Columbia V6E 4N7 Jinhua Announces Non-Brokered Private Placement of Common Shares NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES VANCOUVER, BC December 14, 2023 Jinhua Capital Corporation (TSX-V: JHC) (the "Company" or "Jinhua") is pleased to announce a non-brokered private placement (the "Offering") of up to 8,840,818 common shares (the "Shares") at a price of $0.05 per Share, for aggregate gross proceeds of up to $442,040. In connection with the Offering, the Company may pay certain finders (each, a "Finder") a cash commission equal to 8% of the aggregate gross proceeds raised from those purchasers introduced by such Finders and/or issue to such Finders such number of non-transferable share purchase warrants equal to 8% of the total number of Shares sold to purchasers introduced by such Finders, which provide that such Finders may acquire common shares of the Company (each, a "Finder's Warrant Share"), at an exercise of $0.10 per Finder's Warrant Share, for a period of 12 months from the date of issuance. The Company intends to use the proceeds raised from the Offering for general corporate purposes. The Offering may close in tranches. The Offering is expected to close on or before December 22, 2023. The Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange. The Offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 Prospectus Exemptions and therefore the securities issued in the Offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There will be an offering document related to the Offering that will be available under the Company's profile at www.sedarplus.ca. Prospective investors should read this offering document before making an investment decision. The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. About the Company Jinhua is a mineral exploration company focused on exploring the Pluto Gold and Base Metals Property located in the Dolomieu and Daubree Townships of Quebec and the Indigo Graphite Project in the Saint- Michel-des-Saints municipality of Quebec. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities. For further information, please contact: Chris Thomas Interim CEO and Director e: Thomas.chris250@gmail.com c: +1 (778) 988.8650 Forward-Looking Statements This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Offering, the use of proceeds of the Offering, and future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly the included forward-looking statements as expressly required by Canadian securities law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.