LEADING EDGE MATERIALS REPORTS FISCAL 2025 RESULTS

Core Viewpoint - Leading Edge Materials Corp. reported its fiscal year 2025 results, highlighting ongoing developments in its Norra Kärr and Woxna Graphite projects amid increasing geopolitical urgency for critical raw materials in Europe [1][11]. Group 1: Fiscal Year Results - For the fiscal year ending October 31, 2025, the company reported a net loss of C$3,216,565, an increase from a net loss of C$2,687,724 in fiscal year 2024, attributed to higher compensation and share-based payments [6][9]. - The company’s working capital as of October 31, 2025, was C$1,880,436, with total assets amounting to C$30,468,689 [8][9]. Group 2: Project Developments - The company applied for a 25-year mining lease for Norra Kärr on December 8, 2024, and received endorsements from local administrative boards in December 2025, moving closer to a final decision by the Mining Inspectorate [2][3]. - The Woxna Graphite Mine is being maintained on a "production-ready" basis, with ongoing updates to production restart studies and metallurgical testwork to enhance operational efficiency [18][20]. Group 3: Industry Context - The geopolitical landscape has intensified the urgency for Europe to secure critical raw materials, particularly in light of China's export control policies, which have prompted a shift in how Western nations value supply chain resilience [11][12]. - The European Commission launched the ReSourceEU program, a €3 billion initiative aimed at diversifying supply chains for critical rare earth metals, reflecting Europe's response to supply vulnerabilities [14][15]. Group 4: Strategic Importance of Projects - Norra Kärr is recognized as one of Europe's richest deposits for heavy rare earth elements, with an estimated annual production of 248 tonnes of Dysprosium and 36 tonnes of Terbium oxides over an initial 26-year mine life [27][26]. - The strategic importance of Norra Kärr has been underscored by various authorities, emphasizing its potential to secure European supply for decades [25][24].