James Bay Resources Limited Announces Extension of Price Protection

Executive Summary

• James Bay Resources received an extension on price‑protection for its private placement of up to 17.5 million common shares at $0.02 per share, maintaining the original terms.
• The first tranche closed on November 18 2025, issuing 3.75 million shares and raising $75,000; total gross proceeds possible under the offering are $350,000.
• Net proceeds will be used for working capital, and the issued shares are subject to a four‑month plus one‑day regulatory hold period.

Key Details

• Extension of price‑protection granted by the Canadian Securities Exchange; all other terms unchanged.
• Offering size: up to 17,500,000 common shares at $0.02 per share → maximum gross proceeds of $350,000.
• First tranche completed: 3,750,000 shares issued for $75,000 gross proceeds (closed November 18 2025).
• Completion of the offering remains subject to Exchange approval.
• Net proceeds earmarked for working capital needs.
• Shares issued are subject to a regulatory hold period of four months plus one day from closing date.
• Securities not registered under U.S. securities laws; cannot be offered or sold in the United States absent exemption or registration.

Notable Quotes

(No direct quotes included in the release.)