LEADING EDGE MATERIALS ANNOUNCES UPDATE ON NON-BROKERED PRIVATE PLACEMENT
Leading Edge Materials (OTCQB:LEMIF) has announced a 30-day extension for closing its previously announced non-brokered private placement. The company aims to raise up to C$4 million through the issuance of 25 million units at C$0.16 per unit. The terms remain unchanged from the June 10, 2025 announcement.
The proceeds will support the company's projects in Sweden and Romania, along with general working capital needs. Company insiders are expected to participate in the placement, constituting a related party transaction under MI 61-101, though exemptions from formal valuation requirements are anticipated.
The private placement targets Canadian, Nordic, and international investors, with securities subject to a four-month hold period. The offering requires regulatory approvals, including TSX Venture Exchange approval.
Leading Edge Materials (OTCQB:LEMIF) ha annunciato una proroga di 30 giorni per la chiusura della sua offerta privata non mediata precedentemente comunicata. La società punta a raccogliere fino a 4 milioni di dollari canadesi attraverso l'emissione di 25 milioni di unità a C$0,16 per unità. Le condizioni restano invariate rispetto all'annuncio del 10 giugno 2025.
I proventi sosterranno i progetti dell'azienda in Svezia e Romania, oltre a coprire le esigenze generali di capitale circolante. È previsto che gli insider della società partecipino all'offerta, configurando una transazione con parti correlate ai sensi del MI 61-101, sebbene si prevedano esenzioni dai requisiti formali di valutazione.
L'offerta privata è rivolta a investitori canadesi, nordici e internazionali, con titoli soggetti a un periodo di blocco di quattro mesi. L'offerta richiede approvazioni regolamentari, inclusa l'autorizzazione della TSX Venture Exchange.
Leading Edge Materials (OTCQB:LEMIF) ha anunciado una prórroga de 30 días para el cierre de su colocación privada no intermediada previamente anunciada. La compañía busca recaudar hasta 4 millones de dólares canadienses mediante la emisión de 25 millones de unidades a C$0.16 por unidad. Los términos permanecen sin cambios desde el anuncio del 10 de junio de 2025.
Los fondos apoyarán los proyectos de la empresa en Suecia y Rumania, además de cubrir necesidades generales de capital de trabajo. Se espera que los directivos de la compañía participen en la colocación, constituyendo una transacción con partes relacionadas bajo MI 61-101, aunque se anticipan exenciones de los requisitos formales de valoración.
La colocación privada está dirigida a inversores canadienses, nórdicos e internacionales, con valores sujetos a un período de retención de cuatro meses. La oferta requiere aprobaciones regulatorias, incluida la aprobación de la Bolsa de Valores TSX Venture.
Leading Edge Materials (OTCQB:LEMIF)는 이전에 발표한 비중개 사모 발행 마감일을 30일 연장한다고 발표했습니다. 회사는 단위당 C$0.16에 2,500만 단위를 발행하여 최대 400만 캐나다 달러를 조달하는 것을 목표로 하고 있습니다. 조건은 2025년 6월 10일 발표와 동일하게 유지됩니다.
조달 자금은 스웨덴과 루마니아에서 회사의 프로젝트와 일반 운영 자금에 사용될 예정입니다. 회사 내부자가 이 발행에 참여할 것으로 예상되며, 이는 MI 61-101에 따른 관련 당사자 거래에 해당하지만, 공식 평가 요건 면제도 예상됩니다.
사모 발행은 캐나다, 북유럽 및 국제 투자자를 대상으로 하며, 증권은 4개월의 보유 기간이 적용됩니다. 이 제안은 TSX 벤처 거래소 승인을 포함한 규제 승인을 필요로 합니다.
Leading Edge Materials (OTCQB:LEMIF) a annoncé une prolongation de 30 jours pour la clôture de son placement privé non parrainé précédemment annoncé. La société vise à lever jusqu'à 4 millions de dollars canadiens par l'émission de 25 millions d'unités à 0,16 CAD par unité. Les conditions restent inchangées par rapport à l'annonce du 10 juin 2025.
Les fonds serviront à soutenir les projets de la société en Suède et en Roumanie, ainsi que les besoins généraux en fonds de roulement. Il est prévu que des initiés de la société participent au placement, constituant une opération avec des parties liées selon MI 61-101, bien que des exemptions aux exigences formelles d'évaluation soient anticipées.
Le placement privé cible des investisseurs canadiens, nordiques et internationaux, les titres étant soumis à une période de blocage de quatre mois. L'offre nécessite des approbations réglementaires, y compris celle de la TSX Venture Exchange.
Leading Edge Materials (OTCQB:LEMIF) hat eine 30-tägige Verlängerung für den Abschluss seiner zuvor angekündigten privat platzierten Kapitalerhöhung ohne Vermittler bekannt gegeben. Das Unternehmen plant, bis zu 4 Millionen kanadische Dollar durch die Ausgabe von 25 Millionen Einheiten zu je 0,16 CAD zu beschaffen. Die Bedingungen bleiben unverändert gegenüber der Ankündigung vom 10. Juni 2025.
Die Erlöse werden die Projekte des Unternehmens in Schweden und Rumänien sowie den allgemeinen Kapitalbedarf unterstützen. Es wird erwartet, dass Insider des Unternehmens an der Platzierung teilnehmen, was eine Transaktion mit nahestehenden Parteien gemäß MI 61-101 darstellt, wobei jedoch Ausnahmen von den formalen Bewertungsanforderungen erwartet werden.
Die Privatplatzierung richtet sich an kanadische, nordische und internationale Investoren, wobei die Wertpapiere einer viermonatigen Haltefrist unterliegen. Das Angebot erfordert behördliche Genehmigungen, einschließlich der Genehmigung der TSX Venture Exchange.
- Potential to raise up to C$4 million in fresh capital
- Expected insider participation demonstrates management confidence
- Funds will advance strategic projects in Sweden and Romania
- 30-day extension suggests potential challenges in completing the placement
- Dilution for existing shareholders at C$0.16 per unit
- Four-month hold period restricts immediate trading of new shares
LEADING EDGE MATERIALS ANNOUNCES UPDATE ON NON-BROKERED PRIVATE PLACEMENT
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Vancouver, July 17, 2025 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) announces that pursuant to the news release disseminated on June 10, 2025 the Company is extending by 30 days the closing of the Private Placement. The Company announced on June 10, 2025 a non-brokered private placement of up to 25,000,000 units (“Units”) at a price of C
The terms of the Private Placement as announced on June 10, 2025 remain the same and there are no materials changes in the affairs of the Company since June 10, 2025
Leading Edge Materials intends to use net proceeds for the Company’s projects, located in Sweden and Romania and for general working capital and corporate purposes.
The Company expects certain insiders of the Company to participate in the Private Placement. Any participation by insiders in the Private Placement constitutes a “related party transaction” as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). However, the Company expects to rely on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the fact that neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, would exceed
The Private Placement is directed towards Canadian, Nordic and other international investors. All securities issued under the Private Placement, including securities issuable on exercise of the Warrants, will be delivered from Canada and are subject to a hold period expiring four months and one day from the Closing Date.
The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.
A finders’ fees may be payable on a portion of the Private Placement.
The securities have not been, and will not be, registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the U.S. or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
This news release is not a prospectus under Regulation (EU) 2017/1129 (the “EU Prospectus Regulation”). The Company has not authorized any offer of securities to the public (as defined in the EU Prospectus Regulation) in any EEA member state and no such prospectus has been or will be prepared in connection with the Private Placement.
On behalf of the Board of Directors,
Leading Edge Materials Corp.
Kurt Budge, CEO
For further information, please contact the Company at:
info@leadingedgematerials.com
www.leadingedgematerials.com
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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 batteries for electromobility and energy storage and permanent magnets for electric motors and wind power that underpin the clean energy transition towards climate neutrality. The portfolio of projects includes the
Additional Information
This information is information that Leading Edge Materials Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at July 17, 2025 at 1:30 PM 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”. Svensk Kapitalmarknadsgranskning (“SKMG”) is the Company’s Certified Adviser for the Nasdaq First North Growth Market (Stockholm) and may be contacted via email ca@skmg.se or by phone +46 (0)8 913 008.
Reader Advisory
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.
This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking, including statements with respect to the closing of the Private Placement, the receipt of regulatory approvals, and the use of proceeds from the Private Placement. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, the Company’s ability to close the Private Placement, the Company’s ability to obtain the required regulatory approvals, 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 policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Important information for EEA Investors
The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. 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.
Any investment decision in connection with the Private Placement must be made on the basis of all publicly available information relating to the Company and the Company’s shares/Units. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. This announcement does not purport to identify or suggest the risks (direct or indirect) which may be associated with an investment in the Company or the new shares/Units.
This press release is not a prospectus for the purposes of the EU Prospectus Regulation. Leading Edge Materials has not authorized any offer to the public of Units, shares or rights in any member state of the EEA and no prospectus has been or will be prepared in connection with the Private Placement.
In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, “qualified investors” who are (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” 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 persons together being referred to as “relevant persons”). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this document and should not act or rely on it.
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FAQ
What is the size and price of Leading Edge Materials' private placement offering?
Why did LEMIF extend their private placement closing date?
How will Leading Edge Materials use the proceeds from the private placement?
Are insiders participating in Leading Edge Materials' private placement?
What restrictions apply to the new securities from LEMIF's private placement?
