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Jade Leader Corp ( (TSE:JADE) ) has provided an announcement.
Jade Leader Corp has announced a non-brokered private placement of up to 6 million shares at $0.04 per share, aiming to raise up to CDN$240,000. The funds will be allocated to 2025 working capital, corporate purposes, and jade exploration and marketing activities. This insider-led financing is subject to TSX Venture approval and will involve related party transactions, taking advantage of certain exemptions under TSX Venture Exchange policy.
More about Jade Leader Corp
Jade Leader Corp operates in the jade industry, which is reportedly larger than the global market for rough diamonds. The company is a pioneer among publicly listed companies in this space and is led by a team of experienced mineral exploration geologists and an accomplished jade carver.
YTD Price Performance: -20.0%
Average Trading Volume: 76,771
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.25M
For a thorough assessment of JADE stock, go to TipRanks’ Stock Analysis page.
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