Leading Edge Materials Announces Results of Annual General Meeting of Shareholders

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LEADING EDGE MATERIALS ANNOUNCES RESULTS OF
ANNUAL GENERAL MEETING OF SHAREHOLDERS

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Vancouver, April 23, 2025 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces the results of the Company’s Annual General Meeting of Shareholders held on April 23, 2025 (the “Meeting”).

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A total of 94,970,462 common shares were represented in person or by proxy at the Meeting, representing 40.90% of the votes attached to all outstanding common shares of the Company as at the record date. All the matters submitted to the shareholders, as set out in the Notice of Meeting and Information Circular dated March 19, 2025, were voted in favour, including: (a) fixing the size of the Board of the Company to three; (b) the approval of the stock options plan, pursuant to which the Company may grant stock options up to 10% of its issued and outstanding common shares at the time of grant; and (c) the appointment of D&H Group LLP, Chartered Professional Accounts, as the auditors of the Company for the ensuing year.
Messrs. Lars-Eric Johansson, Daniel Major and Eric Krafft were re-elected to serve as directors of the Company, with the percentage of votes cast for each director as follows:
  

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Additional details of the results of the Meeting are provided in the Report of Voting Results filed under the Company’s profile on SEDAR at www.sedarplus.com

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The Company also announces granting of stock options (the “Options”) to directors, officers and consultants of the Company to purchase an aggregate of 6,850,000 common shares (the “Optioned Shares”) of the Company, at exercise price of C$0.24 per Optioned Share, expiring on the date that is 5 years from the date of grant for directors and officers and three years from the date of grant for consultants. The Options will vest 33% on the date of the grant, 33% one year after the date of grant and 34% two years after the date of grant. The Options were issued pursuant to the terms of the Company’s Option Plan.

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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 further information, please contact the Company at:
[email protected]
www.leadingedgematerials.com

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About Leading Edge Materials

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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 batteries for electromobility and energy storage, permanent magnets for electric motors and wind power, and defense applications. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), 100% owned Norra Karr HREE project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).

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Additional Information

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The information was submitted for publication through the agency of the contact person set out above, on April 23, 2024, at 3:00 pm Vancouver time.

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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 [email protected] or by phone +46 (0) 8 5030 1550.