Subject: Jinhua - News Release - Immediate dissemination
Word Document
File: '\\swfile\EmailIn\20250606 085338 Attachment Jinhua - News Release announcing June 6 2025 Shares for debt_Final.docx'
LEGAL_44635463.3
Jinhua Capital Corporation TSXV: JHC JINHUA CAPITAL CORPORATION
Suite 1500 - 1055 West Georgia Street
Vancouver, British Columbia
V6E 4N7
Jinhua Announces Proposed Debt Settlement Transaction
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 - June 6, 2025 - Jinhua Capital Corporation (TSX-V: JHC) (the "Company" or "Jinhua") announces that it intends to settle an aggregate of $122,050 in outstanding debt (the "Debt") owed to certain creditors of the Company (the "Creditors"). The Debt arose from consulting services provided by the Creditors for the Company (the "Services") as well as funds loaned to the Company by the Creditors (the "Loans"). In settlement and full satisfaction of the Debt in connection with the Services and the Loans, the Company has agreed to issue to the Creditors an aggregate of 6,102,500 common shares in the capital of the Company (the "Debt Shares") at a deemed issue price of $0.02 per Debt Share (the "Debt Settlement"). The issuance of the Debt Shares is subject to receipt of TSX Venture Exchange approval. All Debt Shares issued in connection with the Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance of the Debt Shares in accordance with applicable securities legislation.
About the Company
Jinhua is a mineral exploration company focused on exploring Base Metals Properties located in Canada with a focus on British Columbia. 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 includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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 Jinhua - News Release announcing June 6 2025 Shares for debt_Final.pdf
Jinhua Capital Corporation TSXV: JHC JINHUA CAPITAL CORPORATION
Suite 1500 - 1055 West Georgia Street
Vancouver, British Columbia
V6E 4N7
Jinhua Announces Proposed Debt Settlement Transaction
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 June 6, 2025 Jinhua Capital Corporation (TSX-V: JHC) (the "Company" or "Jinhua")
announces that it intends to settle an aggregate of $122,050 in outstanding debt (the "Debt") owed to
certain creditors of the Company (the "Creditors"). The Debt arose from consulting services provided by
the Creditors for the Company (the "Services") as well as funds loaned to the Company by the Creditors
(the "Loans"). In settlement and full satisfaction of the Debt in connection with the Services and the Loans,
the Company has agreed to issue to the Creditors an aggregate of 6,102,500 common shares in the capital
of the Company (the "Debt Shares") at a deemed issue price of $0.02 per Debt Share (the "Debt
Settlement"). The issuance of the Debt Shares is subject to receipt of TSX Venture Exchange approval. All
Debt Shares issued in connection with the Debt Settlement are subject to a statutory hold period of four
months plus a day from the date of issuance of the Debt Shares in accordance with applicable securities
legislation.
About the Company
Jinhua is a mineral exploration company focused on exploring Base Metals Properties located in Canada
with a focus on British Columbia. 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 includes certain statements that may be deemed "forward-looking statements". All
statements in this new release, other than statements of historical facts, that address events or developments
that the Company expects to occur, are forward-looking statements. Forward-looking statements are
statements that are not historical facts and are generally, but not always, identified by the words "expects",
"plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes
the expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results may differ materially from those in
the forward-looking statements. Factors that could cause the actual results to differ materially from those in
forward-looking statements include market prices, continued availability of capital and financing, and
general economic, market or business conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may differ materially from those
projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates
and opinions of the Company's management on the date the statements are made. Except as required by
applicable securities laws, the Company undertakes no obligation to update these forward-looking
statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
LEGAL_44635463.3
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.
LEGAL_44635463.3
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