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. (TSXV:JADE) has successfully completed the final tranche of its private placement, raising $259,000 in total gross proceeds. This tranche included 1,060,000 Units priced at $0.05 each. Each unit comprises one common share and half a common share purchase warrant, with a full warrant allowing purchase of an additional share at $0.10 until April 19, 2025.
The private placement was conducted on a non-brokered basis, targeting accredited investors, and included insider purchases of 520,000 Units. Proceeds will fund working capital, corporate purposes, and Jade exploration and marketing. All issued securities are subject to a four-month hold period, expiring August 20, 2023.
Jade Leader has published two significant articles in The Journal of Gemmology regarding its DJ Jade property in Washington State. The primary article delves into the characteristics of nephrite jade, particularly focusing on a new variety exhibiting optical phenomena. This research aims to enhance the visibility of Jade Leader's unique color-shifting jade within the global gemmological community. Co-authored by industry experts, the articles underscore the growing interest in novel gemstones. Furthermore, the articles will initially be available exclusively to Gem-A members and institutional subscribers for three months before wider access is granted. The publication highlights the burgeoning jade market, which reportedly surpasses the rough diamond market.
Jade Leader Corp. has successfully closed the first tranche of a private placement, raising $206,000 through the issuance of 4,120,000 Units at a price of $0.05 per Unit. Each Unit comprises one common share and half a common share purchase warrant, with a full warrant allowing the purchase of an additional share at $0.10 until April 4, 2025. The offering targeted accredited investors and is subject to a four-month hold period. Proceeds will be allocated for working capital, corporate purposes, and jade exploration & marketing. A second tranche is anticipated to close within 10 days.
Jade Leader Corp. (TSXV:JADE) announced its first sale of nephrite jade from the DJ project, generating gross proceeds of US$1,004 for a 5.02 kilo block, priced at US$200/kilo. The sale marks the beginning of a family jewelry series, carved from ethically sourced jade. The company is committed to a 'mine to market' model and has also launched a virtual gallery for additional jade materials. The burgeoning jade market is reportedly larger than that of rough diamonds, and Jade Leader plans to leverage its expertise in mineral exploration and jade carving.
Jade Leader Corp (TSXV:JADE) has announced positive developments regarding its unique color-change jade from the DJ project in Washington State. In mid-October, the company harvested over 500 kilos of jade, including materials exhibiting the rare color-change phenomenon. They plan further cutting of these stones to enhance inventory for studies and marketing. The company's president reported successful presentations at the Canadian Gemmological Association, potentially increasing visibility in global markets. Additionally, 55 kilos of white/green jade are being prepared for sale. Stock options for 2,250,000 shares were granted to insiders.
Jade Leader Corp (TSXV:JADE) has initiated a trenching program to collect nephrite jade that exhibits a unique color change phenomenon. A preliminary field test affirmed the feasibility of harvesting this jade. Additionally, President Jean-Pierre Jutras will speak at the Canadian Gemmological Association conference in Vancouver, showcasing the company's advancements. Jade Leader aims to capitalize on the expanding international jade market, which surpasses that of rough diamonds. The company possesses six exploration properties in the USA and is led by seasoned geologists with extensive experience in mineral exploration.
Jade Leader Corp. has unveiled a new nephrite jade displaying a unique color change phenomenon, shifting from white to blue to dark green. This unprecedented finding requires specialized cutting techniques to exhibit its optical effects. The jade was sourced from the Lode 2 occurrence at the DJ project in Washington, with further exploration planned to assess yield potential. Jade Leader aims to market these innovative stones to collectors and expand its network within the jewelry industry.
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Jade Leader Corp. (TSX.V:JADE) has announced a significant milestone with its first major sale of Sky Jades© to a prominent European jewelry manufacturer. The initial shipment includes 6.5 kilos of jade, generating total revenue of $10,500, or $1,620 per kilo. This sale, facilitated through the company's new online store, marks a step towards establishing long-term distribution partnerships and enhancing its market presence. The company aims to showcase the quality of its jade materials while expanding inventory as sales opportunities increase.
Jade Leader Corp. (TSX.V:JADE) has successfully launched its e-commerce platform, jadeleader.shop, for direct sales of jade materials from its Wyoming Sky Zone project. The platform went live on March 4, 2022, and is currently serving customers in the US while also cataloging products for international inquiries. As production levels rise, the company plans to report aggregate sales. With a board boasting over 120 years of experience, Jade Leader aims to tap into the booming international jade market, which is reportedly larger than that of rough diamonds.