Welcome to our dedicated page for Jade Leader news (Ticker: MCKRF), a resource for investors and traders seeking the latest updates and insights on Jade Leader stock.
Jade Leader Corp (MCKRF) is a jade-focused exploration company active in the dimension stone mining and quarrying industry. Its news flow centers on the discovery, evaluation and marketing of nephrite jade from a portfolio of six exploration properties in mining-friendly U.S. jurisdictions, including projects in Wyoming and Washington State.
News releases from Jade Leader often cover exploration and geological updates, such as pilot-scale sampling results from the Sky Zone in Wyoming and the DJ project in Washington. The company reports on the recovery of gem-quality and ornamental nephrite jade, interpretations from peer-reviewed academic research on its Wyoming Sky Jades©, and the implications of these findings for the size and nature of its jade-bearing zones.
Investors and jade enthusiasts can also follow marketing and sales developments through the company’s news. Jade Leader has disclosed initial sales of rough jade and finished products, examples of mine-to-market jewelry projects, and efforts to expand its presence via online galleries and social media. Updates describe how jade blocks are transformed into custom bangles and other pieces, as well as how stockpiled ornamental jade may be used in high-end architectural applications.
Another recurring theme in Jade Leader’s news is corporate and financing activity. The company announces non-brokered private placements, insider participation in financings, and the intended use of proceeds for working capital, exploration and jade marketing. For readers tracking the jade sector, this news page provides a focused view of how a specialized jade exploration issuer advances its projects, engages with academic research and brings jade products to market over time.
Jade Leader Corp. (TSX.V:JADE) has closed the first tranche of its non-brokered private placement, raising $135,000 through the issuance of 2,700,000 Units at $0.05 per Unit. Each Unit includes one common share and a half warrant, with full warrants exercisable at $0.10 per share until August 22, 2027. The company plans to close the second tranche in early September.
Insiders purchased 250,000 Units, while Normand Goupil acquired 1,500,000 Units, becoming a new insider with 10.4% ownership. The proceeds will fund working capital, corporate purposes, and Jade exploration and marketing activities. Jade Leader also announced a summer field program in Wyoming, focusing on the Sky Zone and 3-4 additional targets, aiming to find more marketable Jade and diverse samples to meet market demand.
Jade Leader Corp. (TSX.V:JADE) has announced a non-brokered private placement of up to 4 million Units at $0.05 per Unit, aiming to raise up to CDN$200,000. Each Unit includes one common share and a half common share purchase warrant. Full warrants allow purchasing an additional share at $0.10 for three years, with an acceleration clause if the stock price exceeds $0.25 for ten consecutive trading days. The offering targets accredited investors with a four-month hold period. Proceeds will fund working capital, corporate purposes, jade exploration, and marketing. Insiders may participate, constituting a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101, with exemptions from formal valuation and minority shareholder approval requirements.
Jade Leader has announced the publication of a key scientific article on its Wyoming Jades in the March 2024 issue of The Journal of Gemmology.
The article, titled 'Nephrite Jade from the Sky Zone, USA: Characteristics and Primary Hydrothermal Origin,' details the company's ongoing research and its implications for the international gemstone market.
The technical paper enhances the visibility of Jade Leader's products and lays out testing parameters for third parties to evaluate the jades. This publication is expected to significantly boost the market potential of these gemstones. The research was a collaborative effort involving independent experts and was peer-reviewed.
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