James Bay Resources Limited Announces $350,000 Offering

Executive Summary

• James Bay Resources Ltd. announced a non‑brokered private placement of up to 17,500,000 common shares at $0.02 per share for gross proceeds of up to $350,000.
• The offering is expected to close on or before November 26, 2025, and the net proceeds will be used to fund working capital.
• Shares issued in the placement will be subject to a four‑month plus one‑day regulatory hold period.

Key Details

• Offering Size: Up to 17,500,000 common shares.
• Price per Share: $0.02.
• Gross Proceeds: Up to $350,000.
• Closing Date: On or before November 26, 2025.
• Use of Proceeds: Funding working capital requirements.
• Regulatory Hold: Shares subject to a four‑month plus one‑day hold period from the closing date.
• Share Count Pre‑Offering: 81,076,241 shares outstanding prior to issuance.
• Securities Status: Not registered under the U.S. Securities Act of 1933; cannot be offered or sold in the United States absent registration or an exemption.

Notable Quotes

(No executive quotes were provided in the release.)