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 [...]
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 [...]