| Previous Close | 0.3200 |
| Open | 0.3250 |
| Bid | 0.2950 x 0 |
| Ask | 0.3000 x 0 |
| Day's Range | 0.3000 - 0.3350 |
| 52 Week Range | 0.0050 - 0.4500 |
| Volume | 47,992 |
| Avg. Volume | 153,843 |
| Market Cap | 44.058M |
| Beta (5Y Monthly) | 0.79 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0150 |
| Earnings Date | Jan. 27, 2021 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 3.10 |
- GlobeNewswire
Leading Edge Materials appoints Sanjay Swarup as new CFO
Vancouver, March 1, 2021 – Leading Edge Materials Corp. (“Leading Edge” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) wishes to announce it has appointed Sanjay Swarup as the new CFO of the Company replacing Nick Demare effective as of today. Mr. Swarup holds a Master of Business Administration from Cranfield School of Management (Bedforshire, UK) and is a chartered accountant from India and the UK with over 25 years of experience in accounting and business consulting, with 15 of those years in the resource industry. Mr. Swarup has held the role of CFO for a number of UK and Canadian listed resource companies. Between 2009 and 2018 Mr. Swarup was the CFO of TSX-listed Mandalay Resources which operates a producing gold mine in Sweden. Filip Kozlowski, CEO states “I am looking forward to working with an experienced professional like Mr. Swarup. Being based in the UK and having previously held the role of CFO of a company with an operating mine in Sweden aligns well with our strategy to focus the leadership of Leading Edge in Europe to advance the development of our Swedish and Romanian projects more efficiently. I also want to thank Mr. Demare for the invaluable support he has provided for Leading Edge since the founding of the company.” On behalf of the Board of Directors, Leading Edge Materials Corp. Filip Kozlowski, CEO For further information, please contact the Company at: info@leadingedgematerials.com www.leadingedgematerials.com Follow us Twitter: https://twitter.com/LeadingEdgeMtls Linkedin: https://www.linkedin.com/company/leading-edge-materials-corp/ About Leading Edge Materials Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw material projects located in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to high growth technologies such as lithium-ion batteries and permanent magnets for electric motors and wind power that underpin the sustainability transition of society. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), Norra Kärr HREE project (Sweden), Bergby lithium project (Sweden, pending sale) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania). Additional Information The information was submitted for publication through the agency of the contact person set out above, on March 1, 2020 at 4.15 am Vancouver time. Leading Edge Materials is listed on the TSXV under the symbol “LEM”, OTCQB under the symbol “LEMIF” and Nasdaq First North Stockholm under the symbol "LEMSE". Mangold Fondkommission AB is the Company’s Certified Adviser on Nasdaq First North and may be contacted via email CA@mangold.se or by phone +46 (0) 8 5030 1550. Reader Advisory This news release may contain statements which constitute “forward-looking information” under applicable Canadian securities laws, including statements regarding plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking information. Investors are cautioned that any such forward-looking information is not a guarantee of future business activities and involves risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking information as a result of various factors, including, but not limited to, fluctuations in market prices, risks relating to the inability of the parties to satisfy the conditions precedent to the closing of the Agreement, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Attachment 20210301 LEM appoints Sanjay Swarup as new CFO
- CNW Group
/R E M I N D E R -- Media Advisory - Deputy Prime Minister's itinerary for Friday, February 26, 2021/
25, 2021 /CNW/ -Note: All times localToronto, Ontario 6:30 a.The Deputy Prime Minister will virtually participate in the G20 Finance Ministers and Central Bank Governors meeting, hosted by Italy.
- GlobeNewswire
LEADING EDGE MATERIALS SIGNS DEFINITIVE AGREEMENT TO SELL 100% OF THE BERGBY LITHIUM PROJECT
Vancouver, February 11, 2021 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) is pleased to announce it has signed a definitive agreement (the “Agreement”) with CSE-listed United Lithium Corp. (“ULTH”) for the sale of 100% (the “Transaction”) of the Bergby Lithium project (the “Project”). The Agreement follows the previously announced signing of a non-binding Letter of Intent contemplating the Transaction (December 6, 2020) and is subject to certain closing conditions which the Company and ULTH will work to finalize. On and subject to the conditions set forth in the Agreement, the Company will receive the following consideration under the Transaction: CAD$250,000 in cash on the closing date of the Transaction (the “Closing Date”);1,031,864 common shares in the capital of ULTH (each, a “ULTH Share”);400,000 common share purchase warrants (the “Warrants”) with each Warrant entitling the Company to acquire, for a period of 36 months, one ULTH Share at an exercise price equal to approximately CAD$0.485;an additional $250,000 in cash on the date that is 6 months following the Closing Date; a 2% net smelter returns royalty on the Project, which shall be subject to a buyback right in favour of ULTH for CAD$1,000,000; andsubject to the Company acquiring certain additional mineral claims in the region of the Project prior to March 21, 2021 (the “Bonus Date”), receival of such additional number of common share purchase warrants (“Bonus Warrants”) as is equal to CAD$250,000 divided by the 10-day volume weighted average trading price of the ULTH Shares on the CSE as of the date immediately preceding the Bonus Date (the “Bonus Price”) with each Bonus Warrant entitling the Company to acquire, for a period of 36 months, one ULTH Share at an exercisable price equal to the Bonus Price. ULTH will also commit to the Company to exercise reasonable commercial efforts toward spending CAD$1,000,000 on exploration work on the Project within 18 months from the Closing Date. The ULTH Shares to be issued pursuant to the Transaction shall be subject to an escrow restriction whereby 20% of such ULTH Shares shall be released after each subsequent four (4) month period following the Closing Date. Upon completion of the Transaction, the Company, at its sole cost, will make available to ULTH the part-time services of its Chief Geologist to provide geological support in exploring the Project for a period of 12 months following the Closing Date. Filip Kozlowski, CEO states “We are extremely happy to have come to an agreement and move towards closing on the sale of the Bergby Lithium project. Upon closing, United Lithium intends to commence an extensive exploration program on the project which will hopefully extend the discovery for the benefit of its shareholders and Leading Edge Materials after having received part of the consideration in ULTH shares. More importantly, handing over the project will enable us to focus our resources even further on rapidly delivering on the ongoing development work for the Woxna Graphite mine and the Norra Karr heavy REE project. Over the last few months we have seen increasing prices for graphite and magnet rare earths such as dysprosium, terbium, neodymium and praseodymium with an ensuing significant increase in interest from the investor community for assets that are targeting these raw materials and we are now in a much stronger position to deliver on this momentum.” The Project located in central Sweden 25km north of Gavle was staked by the Company in 2016 and covers three exploration permits for a total of 1903Ha. A prospecting campaign with mapping and sampling identified an extensive lithium-mineralized spodumene pegmatite boulder field and outcrops. The discovery was followed up with two separate drilling campaigns totaling 1525m of drilling in 33 drill holes to a maximum depth of 131.1m over an approximate 1500m strike length. On behalf of the Board of Directors, Leading Edge Materials Corp. Filip Kozlowski, CEO For further information, please contact the Company at: info@leadingedgematerials.com www.leadingedgematerials.com Follow us Twitter: https://twitter.com/LeadingEdgeMtls Linkedin: https://www.linkedin.com/company/leading-edge-materials-corp/ About Leading Edge Materials Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw material projects located in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to high growth technologies such as lithium-ion batteries and permanent magnets for electric motors and wind power that underpin the sustainability transition of society. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), Norra Kärr HREE project (Sweden), Bergby lithium project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania). Additional Information The information was submitted for publication through the agency of the contact person set out above, on February 11, 2020 at 6.15 am Vancouver time. Leading Edge Materials is listed on the TSXV under the symbol “LEM”, OTCQB under the symbol “LEMIF” and Nasdaq First North Stockholm under the symbol "LEMSE". Mangold Fondkommission AB is the Company’s Certified Adviser on Nasdaq First North and may be contacted via email CA@mangold.se or by phone +46 (0) 8 5030 1550. About United Lithium Corp. United Lithium Corp. (CSE: ULTH) is an exploration & development company energized by the global demand for lithium. The company is targeting lithium projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development and production opportunities. Reader Advisory This news release may contain statements which constitute “forward-looking information” under applicable Canadian securities laws, including statements regarding plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company or with respect to the Agreement and the likelihood that the Transaction will be completed. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking information. Investors are cautioned that any such forward-looking information is not a guarantee of future business activities and involves risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking information as a result of various factors, including, but not limited to, fluctuations in market prices, risks relating to the inability of the parties to satisfy the conditions precedent to the closing of the Agreement, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Attachment 20210211 LEM signs definitive agreement to sell 100% of Bergby lithium project
