Cabs Endorse Norra Kärr Mining Lease Application
NEWS RELEASE December 3, 2025
LEADING EDGE MATERIALS CORP.
14th Floor 1040 West Georgia Street, Vancouver, BC, V6E 4H1
[email protected] | www.leadingedgematerials.com
TSX.V: LEM | Nasdaq First North: LEMSE | OTCQB: LEMIF | FRA: 7FL
CABs ENDORSE NORRA KÄRR MINING LEASE APPLICATION
Vancouver, December 3, 2025 – Leading Edge Materials Corp. (“Leading Edge Materials” or the
“Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) is pleased to
announce that t he County Administrative Boards (“CABs”) of Jönköping and Östergötland endorse
(Sw. Tillstyrker) the Company’s wholly-owned Swedish subsidiary Greenna Minerals AB’s application
for an Exploitation Concession – 25-year mining lease ( Sw. Bearbetningskoncession) - for
Norra Kärr. This step forward precedes a final decision on the application by the Mining Inspectorate
(Sw. Bergsstaten).
In the permit process to open a mine in Sweden, the CAB is a mandatory consultation party in
reviewing the application. Since the Norra Kärr deposit crosses county lines, there are two CAB s
submitting their written opinions – the counties of Jönköping and Östergötland. If the Mining
Inspectorate and the CAB in question disagree about an application, it is then transferred to the
government for a final decision. But now, with the endorsement of the CABs, the decision will be
made by the Mining Inspectorate.
Kurt Budge CEO comments:
“This is a major step towards efficient permitting of Norra Kärr. While it should be pointed out that
this is not a formal permitting decision, it is a significant consultation opinion that says that we have
done what we are required to do in this phase of permitting . I am happy to see that we have been
compliant with all permitting procedures and have been able to address the CABs requirements for
information. Importantly, it also means that the application will not be subject to a decision by the
Swedish government.
It's a credit to the Swedish technical, legal, sustainability and stakeholder engagement teams, that
have worked on Norra Kärr over many years to potentially be granted an Exploitation Concession;
that would in turn grant us exclusive rights to develop the deposit over a 25-year period. In the next
phase of permitting, an environmental permit will need to be granted. Within that, every question
regarding environmental impact, including water, will be comprehensively addressed.
On behalf of the Board of Directors,
Leading Edge Materials Corp.
Kurt Budge, CEO
For further information, please contact the Company at:
www.leadingedgematerials.com
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About Leading Edge Materials
Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical
raw material projects located in the European Union. Critical raw materials are determined as such
by the European Union based on their economic importance and supply risk. They are directly linked
to high growth technologies such as lithium -ion batteries and permanent magnets for electric
motors, wind turbines and defense applications. The portfolio of projects includes the 100% owned
Woxna Graphite mine (Sweden), 100% owned Norra Kärr H eavy Rare Earth Elements project
(Sweden), and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).
Additional Information
The information was submitted for publication through the agency of the contact person set out
above, on December 3, 2025, at 11:30 PM Vancouver time.
Leading Edge Materials is listed on the TSXV under the symbol “LEM”, OTCQB under the symbol
“LEMIF” and Nasdaq First North Stockholm under the symbol “LEMSE”. Svensk
Kapitalmarknadsgranskning (“SKMG”) is the Company’s Certified Adviser for the Nasdaq First North
Growth Market (Stockholm) and may be contacted via email [email protected] or by phone +46 (0)8 913
008.
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