Leading Edge Materials Announces Results of AGM
Leading Edge Materials Announces Results of
AGM
VANCOUVER, BC
,
July 24, 2020
/CNW/ -
Leading Edge Materials Corp.
("
Leading Edge Materials
" or
the "
Company
") (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) announces the voting results
from the Company's Annual General of Shareholders held on
Friday, July 24, 2020
(the "Meeting"). 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 (3) and for the re-
election of all director nominees.
The percentage of votes cast for each director is as follows:
Nominee
Votes For
% For
Votes Withheld
% Withheld
Lars-Eric Johansson
21,758,183
99.92
18,149
0.08
Daniel Major
21,757,345
99.91
18,987
0.09
Eric Krafft
21,756,990
99.91
19,342
0.09
In addition, shareholders also approved the ratification of the Company's 10% rolling stock option plan and
the appointment of D&H Group LLP, Chartered Professional Accountants, as the auditors of the Company for
the ensuing year and the authorization for the directors of the Company to fix their remuneration. In addition,
disinterested shareholder approval was obtained for the potential creation of a new "
Control Person
" of the
Company, as more particularly described in the Company's Information Circular. The Information Circular is
available for download under the Company's profile on SEDAR at
www.sedar.com
or on the Company's
website at
https://leadingedgematerials.com/investors/#1511790980717-af1a9845-
4bbd
Additional details of the results of the Meeting will be provided in a Report of Voting Results to be filed under
the Company's profile on SEDAR at
www.sedar.com
.
Subsequent to the Meeting, the directors appointed
Lars-Eric Johansson
as Non-Executive Chairman,
Filip
Kozlowski
as Chief Executive Officer and Mr.
Nick DeMare
as Chief Financial Officer and Corporate
Secretary. Messrs. Johansson, Major and Krafft were appointed as members of the Audit Committee.
On behalf of the Board of Directors,
Leading Edge Materials Corp.
Lars-Eric Johansson
, Non-Executive Chairman
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 and wind power that
underpin the sustainability transition of society. The portfolio of projects includes the 100% owned Woxna
Graphite mine (
Sweden
), Norra Kärr HREE project (
Sweden
), Bergby lithium project (
Sweden
) and the 51%
owned Bihor Sud Nickel Cobalt exploration alliance (
Romania
).
Additional Information
The Company's consolidated financial statements and related management's discussion and analysis are
available on the Company's website at
www.leadingedgematerials.com
or under its profile on SEDAR at
www.sedar.com
The information was submitted for publication through the agency of the contact person set out above, on
July
24, 2020
, at
11:45 AM
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". Mangold Fondkommission AB is the
Company's Certified Adviser on Nasdaq First North and may be contacted via email
or by
phone +46 (0) 8 5030 1550.
Reader Advisory
This news release may contain statements which constitute "forward-looking information", including
statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or
its officers with respect to the future business activities of the Company. The words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to
the Company, or its management, are intended to identify such forward-looking statements. Investors are
cautioned that any such forward-looking statements are not guarantees of future business activities and
involve risks and uncertainties, and that the Company's future business activities may differ materially from
those in the forward-looking statements as a result of various factors, including, but not limited to,
fluctuations in market prices, successes of the operations of the Company, continued availability of capital
and financing and general economic, market or business conditions. There can be no assurances that such
information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such
uncertainties. The Company does not assume any obligation to update any forward-looking information
except as required under the applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news
release.
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SOURCE
Leading Edge Materials
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%SEDAR: 00031410E
For further information:
please contact the Company at: 1.604.685.9316, [email protected],
www.leadingedgematerials.com
CO: Leading Edge Materials
CNW 14:45e 24-JUL-20