Leading Edge Materials Corp. has commissioned SRK Consulting Limited to produce a Preliminary Economic Assessment study on the Norra Karr heavy rare earth element project to include the additional potential of by-product revenues and associated reduced environmental footprint. In 2015 a Pre-Feasibility Study was completed on the Project which only presented rare earth elements as an economic product1. However, a range of [...]
Leading Edge Materials announces the granting of stock options to directors, officers and consultants to purchase an aggregate of 3,500,000 common shares of the Company, at exercise price of C$0.155 per Optioned Share, expiring on the date that is three years from the date of grant. The Options were issued pursuant to the terms of the Company's Option Plan. On behalf of the Board of Directors, [...]
Mr. Eric Krafft announces that, in connection with the closing of the private placement financing announced by Leading Edge Materials Corp. , on August 7, 2020, Mr. Krafft, a director of LEM, acquired 24,150,000 Units of LEM at an issue price per of C$0.11 per LEM Unit. The LEM Units comprise of one common share and one common share purchase warrant . Each Warrant Share entitles Mr. Krafft to acquire one LEM Share at a [...]
Leading Edge Materials Corp. announces the closing of the non-brokered private placement financing previously announced on July 27, 2020. Pursuant to the Private Placement, the Company has issued 32,000,000 units at a price of C$0.11 per Unit for aggregate gross proceeds of C$3,520,000. Each Unit consists of one Common Share and one common share purchase warrant . Each Warrant is exercisable into one common share of the [...]
Leading Edge Materials Corp. provides a further update on the tender process for the Bihor Sud Exploration License in Romania. As announced on January 29, 2020, the adjudication of the competitive tender round for the Bihor Sud Exploration License by the Agen?ia National? Pentru Resurse Minerale has been suspended while the Bucharest Court of Appeal is judging an appeal against NAMR lodged by the competing bidder for the [...]
Leading Edge Materials Corp. announces the intent to complete a non-brokered private placement of up to 32,000,000 units at a price of C$0.11 per Unit for aggregate gross proceeds of up to C$3,520,000 . The Private Placement is expected to close on or about August 12, 2020. Leading Edge Materials intends to use net proceeds for the Company's projects, located in Sweden and Romania and for general working capital and [...]
Leading Edge Materials Corp. announces the voting results from the Company's Annual General of Shareholders held on Friday, July 24, 2020. A total of 21,776,332 common shares were voted, representing 19.02% of the Company's issued and outstanding common shares. Shareholders voted in favour of setting the number of directors at three and for the re-election of all director nominees. The percentage of votes cast for each [...]
Leading Edge Materials Corp. announces the participation of its subsidiary Woxna Graphite AB in the newly launched research project "Graphite and graphene as battery electrodes" which is part of the Vinnova funded competence centre Batteries Sweden . The Project will research the utilization of natural graphite for battery applications through determination of functionality of the natural graphite in batteries, the [...]
Leading Edge Materials Corp. announces second quarter results for the period ending April 30, 2020. All references to dollar amounts in this release are in Canadian dollars. Three Months Ended April 30, 2020 Compared to Three Months Ended January 31, 2020 During the three months ended April 30, 2020 the Company reported a net loss of $317,422 compared to a net loss of $407,304 for the three months ended January 31, 2020 [...]
Leading Edge Materials Corp. announces that its Annual General Meeting of Shareholders will be held at Suite 1305 – 1090 West Georgia Street, Vancouver, British Columbia, V6E 3V7 on Friday, July 24, 2020, at 10:00 am , for the following purposes: to receive the Chief Executive Officer's Report to the Shareholders of the Company; to receive and consider the financial statements of the Company as at and for the year ended [...]
Leading Edge Materials Corp. has received confirmation from the Mining Inspectorate of Sweden that the Norra Karr nr 1 exploration license has been extended for 5 years to August 31, 2024. Under the Swedish Minerals Act an exploration license is not required to be extended since it remains valid for the duration of an ongoing mining lease application with Bergsstaten, which is the case for Norra Karr. However, the Company [...]
Leading Edge Materials Corp. announces changes to the Board of Directors and senior Management. Effective immediately, Mr Michael Hudson, Mr Mark Saxon and Mr Filip Kozlowski have resigned as Directors of Leading Edge Materials. Mr Hudson and Mr Saxon have served as Directors since the public listing of the Company. The Company welcomes Mr Lars-Eric Johansson, Mr Daniel Major and Mr Eric Krafft to the Board of Directors [...]