Leading Edge Materials Corp. welcomes last week's announcement from the Swedish Government1 on the launch of a governmental review of permitting processes and regulations to ensure a sustainable supply of critical raw materials from primary and secondary sources. A press release from Ibrahim Baylan, Minister for Business, Industry and Innovation, announced the appointment of a special reviewer tasked with delivering a [...]
Leading Edge Materials Corp. wishes to announce it has appointed Sanjay Swarup as the new CFO of the Company replacing Nick Demare effective as of today. Mr. Swarup holds a Master of Business Administration from Cranfield School of Management and is a chartered accountant from India and the UK with over 25 years of experience in accounting and business consulting, with 15 of those years in the resource industry. Mr [...]
Leading Edge Materials Corp. is pleased to announce it has signed a definitive agreement with CSE-listed United Lithium Corp. for the sale of 100% of the Bergby Lithium project. The Agreement follows the previously announced signing of a non-binding Letter of Intent contemplating the Transaction and is subject to certain closing conditions which the Company and ULTH will work to finalize. On and subject to the conditions [...]
Leading Edge Materials Corp. announces results for the fiscal year ending October 31, 2020. All references to dollar amounts in this release are in Canadian dollars. Highlights During and After the Quarter During the three months ended October 31, 2020 the Company: Completed a non-brokered private placement for proceeds of $3,520,000 by issuing 32,000,000 units at a price of $0.11 per unit. Each unit consists of one [...]
Leading Edge Materials Corp. is pleased to announce that it has recently commissioned Minviro Ltd. to build an LCA model and deliver an LCA report for the Woxna Graphite project. On December 10th, the European Commission proposed new legislation to ensure that batteries placed on the EU market will be sustainable along their entire life cycle, including mandatory requirements to declare their associated carbon footprinti [...]
Leading Edge Materials Corp. is pleased to announce it has signed a non-binding Letter of Intent with CSE-listed United Lithium Corp. contemplating the potential sale of 100% of the Bergby Lithium project. The LOI is non-binding and the Transaction is subject to, among other matters, a due-diligence review By ULTH and the signing of a binding Definitive Agreement. There is no certainty that the parties will be able to [...]
Leading Edge Materials Corp. has appointed Finnish capital markets firm Lago Kapital Oy as liquidity provider for its Nasdaq First North Stockholm listing. The liquidity provider service according to the new agreement with Lago Kapital will be effective starting December 1, 2020. Lago Kapital will provide liquidity according to Nasdaq Stockholm rules set-out for liquidity providing. The intention is to promote liquidity [...]
Leading Edge Materials Corp. has commissioned Zenito Limited and a range of sub-consultants to produce a Preliminary Economic Assessment study on the Woxna Graphite project. The Company has previously completed a number of testwork programs2 3 4 focused on thermal purification and spheronization of the various graphite size products available in the Woxna mine concentrate in order to maximize recovery and increase the [...]
Leading Edge Materials Corp. has been informed that the decision to grant a 5 year extension on the Norra Karr nr 1 exploration license has been appealed. The appeal is being handled by the Lulea Administrative Court. On the 4th of June 2020 the Mining Inspectorate of Sweden extended the validity of the EL for 5 years until August 31, 2024. Bergsstaten cited extraordinary reasons supporting the granting of the extension [...]
Leading Edge Materials Corp. is pleased to report on today's official launch of the European Raw Materials Alliance which was announced by the European Commission as part of an Action Plan on Critical Raw Materials1 earlier in September. The European Raw Materials Alliance will be managed by EIT Raw Materials2 and overseen by the European commission in the context of a secure and sustainable access to critical raw [...]
Leading Edge Materials Corp. announces third quarter results for the period ending July 31, 2020. 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, 2020 the Company: Announced changes to board of directors and management. Received confirmation of a five year extension on the Norra Karr exploration license. Announced the [...]
Leading Edge Materials Corp. welcomes the launch of a European Raw Materials Alliance which was announced by the European Commission as part of an Action Plan on Critical Raw Materials1. The Action Plan on Critical Raw Materials is aimed to develop resilient value chains for European Union industrial ecosystems, reduce dependency on primary critical raw materials, strengthen domestic sourcing of raw materials in the EU [...]
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