Jade Leader Exercises Early Option and Acquires 100% Interest in the DJ Property
CALGARY, November 20, 2018 - Jade Leader Corp. (TSX-V: JADE) ("Jade Leader" or "the Company") is very pleased to announce that, concurrent with its ongoing maiden drilling program at its lead jade property, the DJ Project in Washington State, USA, notice has been given to the underlying property owners of the immediate payment of the remaining Option Payments totaling US $65,000 in order for Jade Leader to become the 100% owner of the Property subject to certain royalties.
Drilling is ongoing at the DJ Lode 2 target. The Company expects to provide a summary of the program once the current drilling program has been completed, core cleaned, logged and the geological information properly plotted and interpreted.
Mr. Jean-Pierre Jutras, P.Geol., President of the Company, is the Qualified Person for the Company's Jade projects as defined by National Instrument 43-101 and has approved the technical disclosure contained in this news release.
On Behalf of the Board of Directors,
"Jean-Pierre Jutras"
Jean-Pierre Jutras
President/Director
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Jade Leader's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Jade Leader. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Jade Leader's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Jade Leader's filings with the Canadian securities authorities. Accordingly, holders of Jade Leader shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Jade Leader disclaims any responsibility to update these forward-looking statements.
SOURCE: Jade Leader Corp.