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LEM.V ·

Leading Edge Materials Announces Update Non-Brokered Private Placement

Financings

NEWS RELEASE July 17, 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

TSX.V: LEM | Nasdaq First North: LEMSE | OTCQB: LEMIF

LEADING EDGE MATERIALS ANNOUNCES UPDATE NON-BROKERED PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR ANY

OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. ANY FAILURE TO

COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. THIS PRESS

RELEASE DOES NOT CONSTITUTE AN OFFER, OR A SOLICITATION OF ANY OFFER, TO BUY OR SUBSCRIBE FOR

ANY SECURITIES IN LEADING EDGE MATERIALS IN ANY JURISDICTION.

Vancouver, July 17, 2025 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV:

LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) announces that pursuant to the news release disseminated

on June 10, 2025 the Company is extending by 30 days the closing of the Private Placement. The Company

announced on June 10, 2025 a non-brokered private placement of up to 25,000,000 units (“Units”) at a price of

C$0.16 per Unit for aggregate gross proceeds of up to C$4,000,000 (the “Private Placement”).

The terms of the Private Placement as announced on June 10, 2025 remain the same and there are no materials

changes in the affairs of the Company since June 10, 2025

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.

The Company expects certain insiders of the Company to participate in the Private Placement. Any participation

by insiders in the Private Placement constitutes a “related party transaction” as defined under Multilateral

Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). However, the

Company expects to rely on exemptions from the formal valuation and minority shareholder approval

requirements of MI 61-101 based on the fact that neither the fair market value of the Units subscribed for by

the insiders, nor the consideration for the Units paid by such insiders, would exceed 25% of the Company’s

market capitalization as at the date of this news release.

The Private Placement is directed towards Canadian, Nordic and other international investors. All securities

issued under the Private Placement, including securities issuable on exercise of the Warrants, will be delivered

from Canada and are subject to a hold period expiring four months and one day from the Closing Date.

The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary

regulatory approvals, including the approval of the TSX Venture Exchange.

A finders’ fees may be payable on a portion of the Private Placement.

The securities have not been, and will not be, registered under the U.S. Securities Act, or any U.S. state securities

laws, and may not be offered or sold in the U.S. or to, or for the account or benefit of, United States persons

absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act

and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation

of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction

in which such offer, solicitation or sale would be unlawful.

This news release is not a prospectus under Regulation (EU) 2017/1129 (the “EU Prospectus Regulation”). The

Company has not authorized any offer of securities to the public (as defined in the EU Prospectus Regulation)

in any EEA member state and no such prospectus has been or will be prepared in connection with the Private

Placement.

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On behalf of the Board of Directors,

Leading Edge Materials Corp.

Kurt Budge, CEO

For further information, please contact the Company at:

[email protected]

www.leadingedgematerials.com

Follow us

Twitter: https://twitter.com/LeadingEdgeMtls

Linkedin: https://www.linkedin.com/company/leading-edge-materials-corp/

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 batteries for electromobility and energy storage and permanent magnets for electric

motors and wind power that underpin the clean energy transition towards climate neutrality. The portfolio of

projects includes the 100% owned Woxna Graphite mine (Sweden), 100% owned Norra Karr Heavy Rare Earth

Elements project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).

Additional Information

This information is information that Leading Edge Materials Corp. 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 July 17, 2025 at 1:30 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.

Reader Advisory

This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any

securities in Leading Edge Materials in any jurisdiction.

This news release may include forward-looking information that is subject to risks and uncertainties. All

statements within, other than statements of historical fact, are to be considered forward-looking, including

statements with respect to the closing of the Private Placement, the receipt of regulatory approvals, and the

use of proceeds from the Private Placement. Although the Company believes the expectations expressed in

such forward-looking information are based on reasonable assumptions, such information is not a guarantee

of future performance and actual results or developments may differ materially from those contained in

forward-looking information. Factors that could cause actual results to differ materially from those in forward-

looking information include, but are not limited to, fluctuations in market prices, successes of the operations

of the Company, the Company’s ability to close the Private Placement, the Company’s ability to obtain the

required regulatory approvals, 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 policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Important information for EEA Investors

The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to

restrictions. The recipients of this press release in jurisdictions where this press release has been published or

distributed shall inform themselves of and follow such restrictions. This press release does not constitute an

offer, or a solicitation of any offer, to buy or subscribe for any securities in Leading Edge Materials in any

jurisdiction.

Any investment decision in connection with the Private Placement must be made on the basis of all publicly

available information relating to the Company and the Company’s shares/Units. The information contained in

this announcement is for background purposes only and does not purport to be full or complete. No reliance

may be placed for any purpose on the information contained in this announcement or its accuracy or

completeness. This announcement does not purport to identify or suggest the risks (direct or indirect) which

may be associated with an investment in the Company or the new shares/Units.

This press release is not a prospectus for the purposes of the EU Prospectus Regulation. Leading Edge Materials

has not authorized any offer to the public of Units, shares or rights in any member state of the EEA and no

prospectus has been or will be prepared in connection with the Private Placement.

In the United Kingdom, this document and any other materials in relation to the securities described herein is

only being distributed to, and is only directed at, and any investment or investment activity to which this

document relates is available only to, and will be engaged in only with, “qualified investors” who are (i) persons

having professional experience in matters relating to investments who fall within the definition of “investment

professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

(the “Order”); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons

together being referred to as “relevant persons”). In the United Kingdom, any investment or investment activity

to which this communication relates is available only to, and will be engaged in only with, relevant persons.

Persons who are not relevant persons should not take any action on the basis of this document and should not

act or rely on it.