LEADING EDGE MATERIALS REPORTS FISCAL 2025 RESULTS

Core Insights - Leading Edge Materials Corp. reported a net loss of CAD 3,216,565 for the fiscal year ending October 31, 2025, an increase from CAD 2,687,724 in the previous year, attributed to higher compensation and share-based payments [6][9] - The company is actively pursuing an Exploitation Concession for its Norra Kärr project, which is critical for supplying heavy rare earth elements to Europe [2][21] - Geopolitical tensions have heightened the urgency for Europe to secure critical raw materials, with the EU and Sweden dismantling barriers to expedite mining projects [11][13][17] Company 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 [2][3] - A Rapid Development Plan for Norra Kärr aims to expedite production of HREE-rich eudialyte mineral concentrate [5] - The Woxna Graphite Mine is being maintained on a "production-ready" basis, with ongoing assessments to improve operational efficiency [18][20] Financial Performance - In Q4 2025, the company reported a net loss of CAD 756,874, an increase from CAD 611,307 in Q3 2025, primarily due to foreign exchange losses [4] - Total assets as of October 31, 2025, were CAD 30,468,689, with working capital of CAD 1,880,436 [8][9] - The company closed a non-brokered private placement financing in August 2025, raising CAD 2,838,160 [5] Industry Context - The European Commission launched ReSourceEU, a €3 billion initiative to diversify supply chains for critical rare earth metals, reflecting the urgency to reduce reliance on Chinese suppliers [14][15] - The supply situation for heavy rare earth elements has reached critical levels, prompting both the EU and Sweden to take action [12][13] - The strategic importance of Norra Kärr is underscored by its potential to produce significant quantities of Dysprosium and Terbium, essential for various high-tech applications [27][25]