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LEADING EDGE MATERIALS CLOSES C$ 6,000,000 PRIVATE PLACEMENT
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER, OR A SOLICITATION OF ANY OFFER, TO BUY OR SUBSCRIBE FOR ANY SECURITIES IN LEADING EDGE MATERIALS IN ANY JURISDICTION.
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Vancouver, September 28, 2026, Leading Edge Materials Corp.(“Leading Edge Materialsor the”Business)(TSXV: LEM(Nasdaq First North: LEMSE(OTCQB: LEMIF(FRA: 7FLreveals that the Company has actually closed the 3rd and last tranche of the personal positioning revealed formerly on July 12, 2026, providing 6,868,000 typical shares at a cost of C$ 0.25/ share for gross profits of CAD1,717,000.
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The typical shares were provided as part of a system(“Unit “)personal positioning. Each Unit will include one (1) typical share (each, a “Common Share “)in the capital of the Company and one (1) Common Share purchase warrant(a”Warrant” ). Each Warrant will entitle the holder to acquire one Common Share(a” Warrant Share”)at a cost of C$ 0.40 per Warrant Share up until the date which is 2(2 )years from the closing date of the Private Placement (the”Closing Date”).
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Together with the very first and 2nd tranches of the Private Placement, the Company has actually provided an aggregate of 24,000,000 Units for aggregate gross profits of C$ 6,000,000
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Leading Edge Materials means to utilize the net earnings to advance the Company’s tasks, in addition to for basic working capital and business functions. In specific, following the award of a 25-year mining lease for the Norra Kärr Heavy Rare Earth Elements Project, earnings will support Pre-Feasibility Study workstreams and ecological allowing for that task, together with research studies connected to a possible reboot of the Woxna Graphite mine and processing plant. The Company continues to look for alternative capital for its Romanian expedition activities.
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A finder’s cost of 6% was paid to arm’s length 3rd parties on a part of the Private Placement. The Private Placement goes through specific conditions consisting of, however not restricted to, the invoice of all needed regulative approvals, consisting of the approval of the TSX Venture Exchange.
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The securities released pursuant to the 3rd tranche of the Private Placement go through appropriate statutory resale limitations, consisting of a hold duration ending on January 29, 2027, pursuant to appropriate Canadian securities laws.
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Expert of the Company bought an overall of 5,468,000 Units under the Private Placement which makes up a “associated celebration deal” as specified under Multilateral Instrument 61-101– Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company depended on exemptions from the official appraisal and minority investor approval requirements of MI 61-101 based upon the reality that neither the reasonable market price of the Units subscribed for by the experts, nor the factor to consider for the Units paid by such experts, went beyond 25% of the Company’s market capitalization as figured out in accordance with MI 61-101.
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Mr. Eric Krafft, a director of the Company, has actually subscribed for and obtained 5,468,000 Common Shares under the Private Placement. Prior to the Private Placement, Mr. Krafft beneficially owned and managed 101,616,577 Common Shares and 32,268,173 warrants of the Company. Mr. Krafft is a Control Person (as specified by the policies of the Exchange), beneficially holding 107,084,574 typical shares and 37,736,173 warrants of the Company, representing around 40.52% of the provided and exceptional Common Shares on a non-diluted basis, and 41.73% on a partly watered down basis, presuming the workout of warrants held by Mr. Krafft just. The Company gotten indifferent investor approval at the Annual General Meeting hung on July 24, 2020 for Mr. Krafft to end up being a Control Person of the Company.
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Eric Krafft has actually obtained the Units for financial investment functions and has a long-lasting view of his financial investment. In the future, Mr. Krafft might take such actions in regard of his financial investment in the Company as he might consider proper, depending upon the marketplace conditions and scenarios at that time. The foregoing disclosure relating to Mr. Krafft’s holdings is being distributed pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues (NI 62-103). A copy of Mr. Krafft’s early caution report will appear on the Company’s profile on SEDAR Plus. The info herein with regard to the variety of Mr. Krafft’s securities and his intent relating thereto are not within the understanding of the Company and are supplied by Mr. Krafft.
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The securities have actually not been, and will not be, signed up under the U.S. Securities Act, or any United States state securities laws, and might not be provided or offered in the United States or to, or for the account or advantage of, U.S. individuals missing registration or an appropriate exemption from the registration requirements of the U.S. Securities Act and suitable United States state securities laws. This news release will not make up a deal to offer or the solicitation of a deal to purchase securities in the United States, nor will there be any sale of these securities in any jurisdiction in which such deal, solicitation or sale would be illegal.
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This press release is not a prospectus under Regulation (EU) 2017/1129 (the “EU Prospectus Regulation”). The Company has actually not licensed any deal of securities to the general public (as specified in the EU Prospectus Regulation) in any EEA member state and no such prospectus has actually been or will be prepared in connection with the Private Placement.
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On behalf of the Board of Directors,
Leading Edge Materials Corp.
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Kurt Budge, CEO
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For additional details, please call the Company at:
[email protected]
www.leadingedgematerials.com
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Business Head Office (Vancouver, Canada): 778-686-5357
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About Leading Edge Materials
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Leading Edge Materials Corp. is a Canadian-listed business concentrated on establishing crucial basic material properties throughout the European Union. Its main focus is the completely owned Norra Kärr Heavy Rare Earth Element job in Sweden– among the world’s most tactically substantial heavy unusual earth deposits and amongst the couple of advanced-stage tasks within the EU efficient in producing dysprosium, terbium, and yttrium at significant scale.
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Located in among the world’s most politically and regulative steady mining environments, Norra Kärr is well-positioned to contribute straight to the goals of the EU’s Critical Raw Materials Act, consisting of the bloc’s target of sourcing 10% of its important basic material usage locally by 2030. Beyond unusual earths, the Company likewise holds the Woxna Graphite mine in Sweden– a totally built and allowed center– in addition to a 90% stake in the Bihor Sud Nickel-Cobalt expedition alliance in Romania.
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Extra Information
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The info was sent for publication through the company of the contact individual set out above, on September 28, at 00:00 pm Vancouver time.
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Leading Edge Materials is noted on the TSXV under the sign “LEM”, OTCQB under the sign “LEMIF” and Nasdaq First North Stockholm under the sign “LEMSE”. Svensk Kapitalmarknadsgranskning (“SKMG”) is the Company’s Certified Adviser for the Nasdaq First North Growth Market (Stockholm) and might be gotten in touch with by means of e-mail [email protected] or by phone +46 (0 )8 913 008.
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Reader Advisory
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This news release does not make up a deal, or a solicitation of any deal, to purchase or subscribe for any securities in Leading Edge Materials in any jurisdiction.
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This press release might consist of positive info that goes through dangers and unpredictabilities. All declarations within, aside from declarations of historic reality, are to be thought about positive, consisting of declarations with regard to the closing of the Private Placement, the invoice of regulative approvals, and using profits from the Private Placement. The Company thinks the expectations revealed in such positive details are based on sensible presumptions, such info is not a warranty of future efficiency and real outcomes or advancements might vary materially from those included in positive info. Elements that might trigger real outcomes to vary materially from those in positive info consist of, however are not restricted to, variations in market value, successes of the operations of the Company, the Company’s capability to close the Private Placement, the Company’s capability to acquire the necessary regulative approvals, continued schedule of capital and funding and basic financial, market or organization conditions. There can be no guarantees that such info will show precise and, for that reason, readers are recommended to count on their own examination of such unpredictabilities. The Company does not presume any responsibility to upgrade any positive details other than as needed under the relevant securities laws.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is specified in policies of the TSX Venture Exchange) accepts duty for the adequacy or precision of this release.
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Crucial details for EEA Investors
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The release, statement or circulation of this news release may, in particular jurisdictions, go through constraints. The receivers of this news release in jurisdictions where this news release has actually been released or dispersed will notify themselves of and follow such limitations. This news release does not make up a deal, or a solicitation of any deal, to purchase or subscribe for any securities in Leading Edge Materials in any jurisdiction.
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Any financial investment choice in connection with the Private Placement need to be made on the basis of all openly offered details connecting to the Company and the Company’s shares/Units. The info consisted of in this statement is for background functions just and does not profess to be complete or total. No dependence might be put for any function on the details included in this statement or its precision or efficiency. This statement does not profess to determine or recommend the threats (direct or indirect) which might be related to a financial investment in the Company or the brand-new shares/Units.
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This news release is not a prospectus for the functions of the EU Prospectus Regulation. Leading Edge Materials has actually not licensed any deal to the general public of Units, shares or rights in any member state of the EEA and no prospectus has actually been or will be prepared in connection with the Private Placement.
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In the United Kingdom, this file and any other products in relation to the securities explained herein is just being dispersed to, and is just directed at, and any financial investment or financial investment activity to which this file relates is offered just to, and will be taken part in just with, “certified financiers” who are (i) individuals having expert experience in matters associating with financial investments who fall within the meaning of “financial investment specialists” in Article 19( 5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities falling within Article 49( 2 )(a) to (d) of the Order (all such individuals together being described as “appropriate individuals”). In the United Kingdom, any financial investment or financial investment activity to which this interaction relates is readily available just to, and will be participated in just with, pertinent individuals. Individuals who are not pertinent individuals ought to not take any action on the basis of this file and ought to not act or depend on it.
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