Mr. Normand Goupil has acquired an additional 2.5 million Common Shares of Jade Leader Corp., increasing his ownership to 13.4% of the issued and outstanding shares. The shares were purchased for investment purposes, and Mr. Goupil may further adjust his holdings in the future.
This press release is being disseminated as required by National Instrument 62-103 - The Early Warning System and Take Over Bid and Insider Reporting Issues regarding the disposition and acquisition of securities of Jade Leader Corp. ('Jade Leader'). On February 4, 2025, Normand Goupil ('Mr. Goupil'), purchased pursuant to a private placement, a total of 2,500,000 Common Shares or 3.
3% of the issued and outstanding shares on an undiluted basis of Jade Leader for cash consideration of $100,000 or $0.04 per Common Share. Following the share purchase Mr. Goupil will beneficially own, control or have direction over, directly or indirectly, an aggregate of 10,044,000 Common Shares representing 13.4% of the issued and outstanding Common Shares as well as hold 1,500,000 Warrants (representing 15.1% on a partly diluted basis, assuming the exercise of all Warrants held by Mr. Goupil). Mr. Goupil's acquisition represents an approximately 2.3% increase in his ownership and or control over Common Shares of Jade Leader on a partially diluted basis, assuming no further common shares of Jade have been issued. The Common Shares are being acquired for investment purposes and in the future, he may further decrease or increase his beneficial ownership of the securities of Jade Leader
INVESTMENT SECURITIES ACQUISITION SHAREHOLDING JADE LEADER CORP.
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