Leading Edge Materials Updates on Norra Kärr Mining Lease Application
Leading Edge Materials Updates on Norra Kärr
Mining Lease Application
VANCOUVER
,
March 8, 2019
/CNW/ -
Leading Edge Materials Corp.
("
Leading Edge Materials
"
or the
"Company
") (
TSXV: LEM
) (
OTCQB: LEMIF
) (
Nasdaq First North: LEMSE
) announces that
it has received information that the Länsstyrelsen ("County Administration Board") of Jönköping in
Sweden
has submitted their opinion to the Bergsstaten ("Swedish Mining Inspectorate") with regard
to the updated Norra Kärr Mining Lease application.
Based on the application documentation submitted by Leading Edge Materials, the Länsstyrelsen do
not presently support regranting of the Norra Kärr Mining Lease. The Company shall review the
documentation, and shall provide additional information as it becomes available.
On behalf of the Board of Directors,
Leading Edge Materials Corp.
Mr.
Mark Saxon
, Interim CEO
About Leading Edge Materials
Leading Edge Materials is a Canadian public company focused on production of high value critical
raw materials for the European market, with an operating base in the Nordic region, a region well
recognized for its promotion and investment in innovation. LEM's flagship asset is the Woxna
Graphite production facility located in central
Sweden
targeting the supply of specialty materials for
lithium ion battery production. LEM's assets and research focus are towards the raw materials for
Li-ion batteries (graphite, lithium, cobalt); materials for high thermal efficiency building products
(graphite, silica, nepheline); and materials that improve the efficiency of energy generation
(dysprosium, neodymium, hafnium). Investments are linked to the global shift to low-carbon energy
generation and energy storage. Leading Edge Materials currently operate in four divisions, Graphite,
Lithium, Rare Earth and Cobalt. Mangold Fondkommission AB is the company's Certified Adviser
("
CA
") as part of the listing requirements for Nasdaq First North.
Additional Information
This information is inside information that Leading Edge Materials Corp. (publ). is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was submitted for publication
through the agency of the contact person set out above, at
8th March 2019
at
4:40 PM
Vancouver
time.
Leading Edge Materials is listed on the TSXV under the symbol "LEM" and Nasdaq First North
Stockholm under the symbol "LEMSE". Mangold Fondkommission AB is the Company's CA on
Nasdaq First North and may be contacted at +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.
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 19:40e 08-MAR-19