Leading Edge Materialsannounces the closing of the non-brokered private placement financing previously announced on August 11, 2023. Pursuant to the Private Placement, the Company has issued 21,739,130 units at a price of C$0.115 per Unit for aggregate gross proceeds of C$2,500,000. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant will entitle the [...]
Leading Edge Materials announces the intent to complete a non-brokered private placement of up to 21,739,130 units at a price of C$0.115 per Unit for aggregate gross proceeds of up to C$2,500,000 . Leading Edge Materials intends to use net proceeds for the Company's projects, located in Sweden and Romania and for general working capital and corporate purposes. Each Unit will consist of one common share in the capital of [...]
Leading Edge Materials second quarter results for the period ending April 30, 2023. Highlights During and After the Quarter During the three months ended April 30, 2023: On March 1, 2023, the Company announced it identified extensive Co-Ni-mineralization 50 metres above the previously reported Gallery 7 at its Bihor Sud project in Romania. Subsequent to April 30, 2023: On June 1, 2023, the Company announced in-situ assay [...]
Leading Edge Materials is pleased to announce it has received positive assay results from initial exploration trenches completed to assess potential of mineralization extension from the known galleries, and from initial samples taken from Galleries 4 and 7. Eric Krafft, CEO of the Company states: "These initial exploration results from Bihor Sud highlight the scale and high-grade potential of the Bihor Sud exploration [...]
Leading Edge Materials announces the results of the Company's Annual General Meeting of Shareholders held on April 26, 2023. A total of 61,085,647 common shares were represented in person or by proxy at the Meeting, representing 36.90% 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 [...]
Leading Edge Materials announces that its Annual General Meeting of Shareholders will be held at 14th Floor, 1040 West Georgia Street, Vancouver, British Columbia, V6E 4H1 on Wednesday, April 26, 2023, at 9:00 am , for the following purposes: To receive the Chief Executive Officer's Report to the shareholders of the Corporation; To receive and consider the financial statements of the Corporation as at and for the year [...]
Leading Edge Materials provides a letter from the Chief Executive Officer. CEO'S REPORT TO THE SHAREHOLDERS The past year has not been short of geopolitical turbulence and macro-economic challenges. As the pandemic crisis has subsided, the war in Ukraine, rising inflation and recent bank failures have added to the tension. And of course, the impacts of climate change remain a high priority on political agendas. Our [...]
Leading Edge Materials first quarter results for the period ending January 31, 2023. All references to dollar amounts in this release are in Canadian dollars. Highlights During and After the Quarter During the three months ended January 31, 2023: On November 3, 2022, the Company also granted stock options to officers and consultants to purchase an aggregate of 700,000 common shares of the Company, at exercise price of [...]
Leading Edge Materials is pleased to announce that it identified extensive Co-Ni-mineralization 50 metres above the previously reported Gallery 7 at its Bihor Sud project. Eric Krafft, Interim CEO of the Company states: "We are extremely pleased by the ongoing findings of Co-Ni-mineralization in the two galleries we have re-opened to date. The lateral and vertical extension of the mineralization indicates that we are [...]
Leading Edge Materials announces results for the fiscal year ending October 31, 2022. All references to dollar amounts in this release are in Canadian dollars. Highlights During and After Fiscal 2022 During the fiscal year ended October 31, 2022, the Company: On October 15, 2022, the Company received confirmation that NAMR approved the first-year exploration program for the Bihor Sud exploration license. On August 30 [...]
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 [...]