LEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO JULY 31, 2025

Core Insights - Leading Edge Materials Corp. reported a net loss of C$611,307 for the three months ended July 31, 2025, a significant improvement compared to a net loss of C$1,179,168 in the previous quarter [3][4] - The company successfully closed a non-brokered private placement financing, raising C$2,838,160 by issuing 17,738,500 units at C$0.16 per unit [2] - The company is strategically positioned to benefit from the increasing demand for critical raw materials, particularly in light of geopolitical dynamics affecting supply chains [10][11] Financial Performance - The net loss for Q3 2025 decreased by C$567,861 compared to Q2 2025, primarily due to reduced share-based compensation expenses and a foreign exchange gain [3] - Year-over-year, the net loss for Q3 2025 decreased by C$210,931 compared to Q3 2024, attributed to lower research and development expenses and a foreign exchange gain [4] - As of July 31, 2025, the company had an accumulated deficit of C$51,812,349 and working capital of C$679,695 [9] Operational Updates - The Woxna Graphite Mine is maintained in a production-ready state while minimizing operational costs, with ongoing efforts to evaluate a potential restart of flake graphite concentrate production [14][15] - The company is updating its internal production restart study and conducting metallurgical testing to enhance operational efficiency [15][16] - The Norra Kärr Heavy Rare Earth Element project is progressing through the mining lease approval process, with a decision anticipated in Q4 2025 [17] Market Context - The European Union's recent negotiations to relax China's export restrictions on rare earth elements highlight the urgent need for secure supply chains [11] - International governments are actively supporting rare earth element mining initiatives, which is bolstering investor confidence in the sector [12][13] - The company's projects are well-positioned to address supply constraints in critical raw materials, particularly in the context of shifting geopolitical dynamics [10][11]