Business
James Bay Resources Limited Announces Closing of Third Tranche of Offering
Toronto, Ontario--(Newsfile Corp. - April 23, 2026) - James Bay Resources Limited (CSE: JBR) ("James Bay" or the "Company") is pleased to announce that on April 21, 2026 it closed the third tranche of its non-brokered private placement (the "Offering") of common shares (the "Common Shares") announced on October 28, 2025. The first tranche of the Offering raised gross proceeds of $75,000 from the issuance of 3,750,000 Common Shares at a price of $0.02 per Common Share. The second tranche of the..
About this update from James Bay Resources Limited
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - April 23, 2026) - James Bay Resources Limited (CSE: JBR) ("James Bay" or the "Company") is pleased to announce that on April 21, 2026 it closed the third tranche of its non-brokered private placement (the "Offering") of common shares (the "Common Shares") announced on October 28, 2025. The first tranche of the Offering raised gross proceeds of $75,000 from the issuance of 3,750,000 Common Shares at a price of $0.02 per Common Share. The second tranche of the Offering raised gross proceeds of $107,500 from the issuance of 5,375,000 Common Shares at a price of $0.02 per Common Share. The third tranche of the Offering raised gross proceeds of $125,000 from the issuance of 6,250,000 Common Shares at a price of $0.02 per Common Share.","length":815,"tagName":"p"},{"type":"text","content":"The Common Shares issued pursuant to the third tranche of the Offering will be subject to a four month plus one day regulatory hold period commencing from the date of closing of the third tranche.","length":196,"tagName":"p"},{"type":"text","content":"The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.","length":438,"tagName":"p"},{"type":"text","content":"About James Bay Resources Limited ","length":33,"tagName":"p"},{"type":"text","content":"James Bay is a Canadian company with 96,451,241 issued and outstanding as of the date of this news release, and trades on the Canadian Securities Exchange under the symbol "JBR".","length":188,"tagName":"p"},{"type":"text","content":"Disclaimer ","length":10,"tagName":"p"},{"type":"text","content":"This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the Corporation's oper...