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LEM.V ·

Leading Edge Materials Begins Follow Up Drill Program at the Bergby Lithium Project, Sweden

Exploration Programs

NEWS RELEASE August 17, 2017

LEADING EDGE MATERIALS CORP.

1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7

T +1 604 685 9316 | leadingedgematerials.com

TSX.V : LEM OTCQB : LEMIF

emerging materials, expanding markets

Leading Edge Materials Begins Follow Up Drill Program at the

Bergby Lithium Project, Sweden

Vancouver, Canada – Leading Edge Materials Corp . (“Leading Edge Materials”) or (the “Company”)

(TSXV:LEM) (OTCQB: LEMIF) is pleased to announce the commencement of a second drill program at

the Bergby lithium project in Sweden. Granted permit s allow for up to 48 new drill sites that will allow

the implementation of a phased program focused on expanding the area of lithium mineralization, and

collecting samples for metallurgical testwork. It is anticipated that this drill program will be approximately

900m of targeted drilling.

Leading Edge Materials received positive results from the drilling at Bergby completed during the first half

of 2017. Li 2O (lithium oxide) mineralized pegmatite was intersected in 17 of the 18 holes drilled,

consistently at very shallow depths.

This second drill program at Bergby will test along strike and down dip from previously drilled

mineralization. Lithium mineralized outcrops and boulders are known from a strike length of more than

1.5km, more than twice the strike tested by any previous drilling. The lithium mineralized pegmatite

dips at shallow depth, and multiple down dip holes are planned for each drill section.

Blair Way, President and CEO, stated “Bergby has rapidly shaped up as a highly ranked lithium project in

the Nordic region. Following our previous drill success, we have moved quickly to access the permits and

the drill rig needed to advance this exciting prospect. The lithium mineralized pegmatite remains open

in all directions, and the along strike and down dip potential will be well tested by this program.”

Bergby lies in central Sweden, 25km north of the town of Gavle, secured by three exploration licenses

that cover a total of 1,903 Ha. The site is close to infrastructure, with major roads, rail and power supply

passing immediately adjacent to the claim boundaries. The potential for low cost and rapid development

is significantly enhanced by the presence of a deep-water port only 5km from the site.

Europe is playing a leading role in the transition to low-carbon energy generation from renewable sources,

and the efficient storage of that energy. Electric mo bility (EV’s, HEV, PHEV’s) and stationary electricity

storage are dependent on high purity graphite, lithium and cobalt, where Leading Edge Materials is an

active European player. Lithium has a strong and expanding market, due to the essential role it plays in

lithium-based batteries for the automotive, consumer product and stationary electrify storage industries.

The high electrochemical potential of lithium results in the high power to weight ratio that is essential for

efficient mobile batteries.

On behalf of the Board,

"Blair Way"

Blair Way, President & CEO

For further information, contact: 1.604.685.9316

or [email protected]

www.leadingedgematerials.com

The qualified person for the Company's exploration projects , Mark Saxon, Director of Leading Edge Materials and a

Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this release.

About Leading Edge Materials:

Leading Edge Materials is a Canadian public company with principal assets in Scandinavia, a region well

recognised for its promotion and investment in innovati on. LEM’s flagship asset is the Woxna Graphite

production facility located in central Sweden targetin g the supply of specialty materials for lithium ion

battery production. LEM’s core investments are matched to high growth markets, linked to the global shift

to low-carbon energy generation and energy storage.

The TSX Venture Exchange nor its Regulati on 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.

Forward-Looking Information. This news release may contain forward-looking statements and information based

on current expectations. These statements should not be read as guarantees of future performance or results. Such

statements involve known and unknown risks, uncertainti es and other factors that may cause actual results,

performance or achievements to be materially different from those implied by such statements. Such statements

include but are not limited to, the Comp any’s expectations regarding the lithium ion battery market; the successful

completion of the drill program at Bergby; graphite prod uction at Woxna, the Company’s preliminary economic

assessment on Woxna is no longer current or valid as a result of the filing of a new NI 43-101 Technical Report

effective March 24, 2015, and the Company has no plans to complete a new preliminary economic assessment, a

pre-feasibility or feasibility study on the project, as such there is an increased risk of technical and economic failure

for the Woxna graphite project; unexpected geological cond itions; exploration activities to advance other critical

material projects of the Comp any for energy storage markets, delays in obtaining or failure to obtain necessary

permits and approvals from government authorities. Although such statements are based on management's

reasonable assumptions, there are risk factors which co uld cause the Company's actual results, performance or

achievements to be materially different from any future results, performance or achievements expressed or implied

by the forward-looking information contained herein. All forward-looking information herein is qualified in its entirety

by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking

information or to publicly announce the result of any revi sions to any of the forward- looking information contained

herein to reflect future results, events or developments, except as required by law.