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Jade Leader Announces CDN$50,000 Sale of Rough Wyoming Jade and Adopts Semi-Annual Financial Reporting
CALGARY, AB / ACCESS Newswire / May 5, 2026 / Jade Leader Corp., ("Jade Leader" or "the Compan...
About this update from Jade Leader Corp.
[{"type":"text","content":"Jade Leader Announces CDN$50,000 Sale of Rough Wyoming Jade and Adopts Semi-Annual Financial ReportingCALGARY, AB / ACCESS Newswire / May 5, 2026 / Jade Leader Corp., (\"Jade Leader\" or \"the Company\") is pleased to announce its initial sale of 1,200 pounds (approximately 544 kg) of rough Wyoming ornamental nephrite Jades to a customer fabricating tiles and backlit ornamental architectural surfaces (See November 20, 2025 release: NR 25-05). The Jade to fill in this order was produced in 2019 and shipped from our secure storage facility. This jade was a product of our early Wyoming exploration, where over 22 tonnes of ornamental Jade material was collected from two short trenches. The exploration focus subsequently changed to the more uniform, \"gem\" jades of the nearby Sky zone, Scorpion and Toad properties. This sale leaves us with an inventory of 20,865 kilos of similar ornamental Jade. See below for more information on our Wyoming Jade program.\"This sale is a major milestone that opens entirely new and potentially large-scale markets for luxury architectural products fabricated from ornamental-quality nephrite Jades from our Wyoming projects,\" stated JP Jutras, P.Geol, Jade Leader President and Director. \"Prices realized on this first sale are in line with our expectations as well as the current world market for ornamental/carving material in this quantity.\"Wyoming State RoyaltiesAs a long-standing mining state that produces many mineral commodities, Wyoming has a modern royalty regime to ensure that all mining production and mineral sales from the state benefit state projects, education, infrastructure and the State's permanent fund for future generations. As with our previous sales of gem material, a combined 12% royalty, minus allowable operational deductions, will be paid on our sales of ornamental Jades.Adoption of Semi-Annual Financial ReportingAdditionally, the Company announces that it has elected to rely upon Coordinated Blanket Order 51 - 933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (\"CBO 51-933\") and adopt semi-annual financial reporting. This news release is being filed pursuant to CBO 51-933. CBO 51-933 allows eligible venture issuers to voluntarily amend their disclosure from a quarterly to a semi-annual financial reporting framework. The Company's fiscal year ends on Septe...