Leading Edge Materials is pleased to announce that it is ahead of schedule in exploration of its exclusive and 100% owned Bihor Sud license in the Apuseni Mountains of central-western Romania. Eric Krafft, Interim CEO of the Company, states: "We are extremely pleased with the rapid work progress to date and the support we are receiving from the involved state organizations and our Romanian JV-partner Remat. Amongst all [...]
Leading Edge Materials is pleased to announce that the Interim Chief Executive Officer Mr. Eric Krafft has exercised warrants providing proceeds to the Company of CAD 1.3 million in order to support the ongoing development and exploration programs at its Swedish and Romanian projects. Upon closing of the exercise, Mr. Krafft will hold 38% of the issued and outstanding common shares of Leading Edge Materials, and 42% of [...]
Leading Edge Materials announces that it has appointed Stefan Derksen as general counsel for the Company. Mr. Derksen is a Dutch national qualified to practice law in the Netherlands. He worked as a senior lawyer in the Dutch law firm De Brauw Blackstone Westbroek before founding the litigation and arbitration boutique firm STAUNCH in 2021. In addition to an LLM degree from Utrecht University he holds an MSc degree in [...]
Leading Edge Materials Corp. is pleased to announce that the Company's 51% owned Romanian subsidiary, LEM Romania, signed a General Works Contractor agreement with Radioactive Mineral Magurele, a state owned company under the Ministry of Energy. RMM initial focus will be on the works needed to proceed with opening of historic mining galleries to enable underground exploration work over the winter season. RMM has decades [...]
Leading Edge Materials Corp. third quarter results for the period ending July 31, 2022. All references to dollar amounts in this release are in Canadian dollars. Highlights During and After the Quarter During the three months ended July 31, 2022: On May 17, 2022, the Company signed Bihor Sud Exploration License between the Company's subsidiary LEM Romania SRL and National Agency for Mineral Resources, Romania . On June [...]
Leading Edge Materials Corp. has terminated the liquidity providing agreement with Lago Kapital Oy ending on October 31, 2022. Lago Kapital was appointed liquidity provider starting December 1, 2020, with the intention to promote liquidity in the Company's shares listed on Nasdaq First North Stockholm. Since the appointment, trading volume and number of shareholders has increased significantly for the Swedish listing and [...]
Leading Edge Materials Corp. announces a change in senior Management with the resignation of Mr. Filip Kozlowski, CEO of the Company. Mr. Kozlowski will be resigning for personal reasons but will continue to be available as consultant to the Company to ensure a smooth transition and deliver support on an as needs basis in advancement of the Company's projects. Mr. Kozlowski's resignation will be effective as of October [...]
Leading Edge Materials Corp. is pleased to report that it has received confirmation that the National Agency for Mineral Resources has approved the first-year exploration program for the Bihor Sud exploration license. Highlights: Exploration to focus on surface mapping and re-opening historical galleries Rock grab samples from mine dumps report grades up to 6.8% Cobalt and 28% Nickel The Exploration Program covers a [...]
Leading Edge Materials Corp. second quarter results for the period ending April 30, 2022. Highlights During and After the Quarter During the three months ended April 30, 2022: The Company commenced an evaluation to restart graphite production at Woxna Mine due to improved market conditions. Norra Karr Exploration License Remains in Full Force After Court Decision. The Company appointed Manuela Balaj-Coroiu as Company [...]
Leading Edge Materials Corp. has taken the decision to initiate a Natura 2000 permit application process for the Norra Karr project. This follows a recent ruling by the Supreme Administrative Court of Sweden in the Boliden Laver case which confirms that current legislation requires a Natura 2000 permit prior to the evaluation of a mining lease. The Company's appeal to the Government against the Mining Inspectorate's [...]
Leading Edge Materials Corp. is pleased to report the signing of the Bihor Sud Exploration License between the Company's 51% owned local joint-venture subsidiary LEM Romania SRL, and the National Agency for Mineral Resources. The exclusive license was awarded to the Company after having been selected as the winning bid in a competitive tender round and has now been published in the official gazette of Romania. The License [...]
Leading Edge Materials Corp. announces the results of the Company's Annual and Special Meeting of Shareholders held on April 28, 2022. A total of 52,608,851 common shares were represented in person or by proxy at the Meeting, representing 34.69% of the votes attached to all outstanding common shares of the Company as at the record date. All the matters submitted to the shareholders, as set out in the Notice of Meeting and [...]