LEADING EDGE MATERIALS ANNOUNCES UPDATE ON NON-BROKERED PRIVATE PLACEMENT

Core Viewpoint - Leading Edge Materials Corp. is extending the closing date of its non-brokered private placement by 30 days, maintaining the original terms of the offering which aims to raise up to C$4,000,000 through the issuance of up to 25,000,000 units at a price of C$0.16 per unit [2][3]. Group 1: Private Placement Details - The private placement was initially announced on June 10, 2025, and the terms remain unchanged with no material changes in the company's affairs since that date [3]. - The net proceeds from the private placement will be utilized for the company's projects in Sweden and Romania, as well as for general working capital and corporate purposes [3]. - The private placement is directed towards Canadian, Nordic, and other international investors, with all securities subject to a hold period of four months and one day from the closing date [5]. Group 2: Insider Participation and Regulatory Compliance - Certain insiders of the company are expected to participate in the private placement, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [4]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements, as the value of the units subscribed by insiders will not exceed 25% of the company's market capitalization at the time of the announcement [4]. - The private placement is contingent upon receiving all necessary regulatory approvals, including those from the TSX Venture Exchange [5]. Group 3: Company Overview - Leading Edge Materials is focused on developing critical raw material projects in the European Union, which are essential for high-growth technologies related to clean energy [10]. - The company's portfolio includes the 100% owned Woxna Graphite mine in Sweden, the 100% owned Norra Karr Heavy Rare Earth Elements project in Sweden, and a 51% owned Nickel Cobalt exploration alliance in Romania [10].