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LEADING EDGE MATERIALS CO - LEMIF STOCK NEWS

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Leading Edge Materials Corp. (LEMIF) is a Canadian public company focused on developing critical raw material projects in the European Union. The company's projects include the Woxna Graphite mine, Norra Karr HREE project, and the Bihor Sud Nickel Cobalt exploration alliance. These projects are aligned with high-growth technologies such as batteries for electromobility and energy storage, supporting the clean energy transition. Leading Edge Materials aims to secure a sustainable supply of essential materials. The company's commitment to environmental responsibility and technological innovation drives its mission to contribute to climate neutrality.

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Leading Edge Materials reports extensive Zn-Pb-Ag mineralization in Romania's Bihor Sud Project. Over 8 km of galleries in G2 have been accessed, revealing significant mineralization. A silver-rich zone in G7 is noted. A 1,500 m Co-Ni drill program will begin in G7 in July 2024, followed by a 6,000 m program in G2. The G2 gallery reveals Pb-Zn grades of several percent and notable silver grades. Chip samples showed a Zn-equivalent average grade of 7.34%. The company's underground mapping and sampling continue, with drilling set to start later in the year.

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Leading Edge Materials has appointed Kurt Budge as CEO, effective May 19, 2024. Budge brings 30 years of mining experience, including a recent tenure as CEO of Beowulf Mining. The company is focused on obtaining a Strategic Project designation for its Rare Earth Elements at Norra Kärr in Sweden under the EU Critical Raw Materials Act. Other key projects include the Woxna graphite mine in Sweden and the Bihor Sud nickel and cobalt exploration project in Romania. The board is optimistic about Budge's leadership and the potential for significant value creation.

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Leading Edge Materials Corp. announces the results of its Annual General Meeting of Shareholders held on April 25, 2024. A total of 84,326,601 common shares were represented, with all matters voted in favor, including fixing the Board size, approving the stock options plan, and appointing auditors. Directors Lars-Eric Johansson, Daniel Major, and Eric Krafft were re-elected. The Company also granted stock options to purchase 9,650,000 common shares to directors, officers, and consultants at C$0.10 per share.
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Leading Edge Materials Corp. announces its Annual General Meeting of Shareholders to be held on April 25, 2024, in Vancouver. The meeting will cover various agenda items, including financial statements review, director elections, and stock option plan approval.
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Leading Edge Materials Corp. reports quarterly results for the fiscal period ending January 31, 2024. The company received positive assay results for Co-Ni-Au, extending the zone of occurrences.
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Leading Edge Materials Corp. announces fiscal 2023 results, highlighting significant mineralization and exploration progress in Romania. The company also reported stock option grants, private placement financing, and continued positive assay results for Cobalt, Nickel, and Gold.
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Leading Edge Materials Corp. (LEM) reports continued high-grade cobalt-nickel results from systematic gallery chip sampling at the Bihor Sud project in Romania. The sampling exceeds high-grade Co-Ni-Au mineralization within Gallery G7, with multiple mineralized zones within a 400m long section. The highlights include 6.7% Co, 13.0% Ni, and 7.5 g/t Au, with 33% exceeding 0.44% Ni equivalent.
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Leading Edge Materials receives high-grade cobalt-nickel and copper-zinc-lead results from systematic gallery chip sampling in Romania. Highlights include 3.5% cobalt, 29.7% nickel, 15.65 g/t gold in Gallery 7, and 11.7% copper, 18.7% zinc, 11.7% lead, and 649 g/t silver in Gallery 4. Channel sampling and underground diamond drilling to follow.
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Leading Edge Materials reports Q3 2023 results, with a decrease in net loss compared to Q2 2023 and Q3 2022. The company closed a non-brokered private placement, raising C$2.5 million. Working capital is at $848,952. The company is maintaining the Woxna Graphite Mine and evaluating a potential restart. There are new political initiatives in the EU to support mining of critical raw materials. The Norra Kärr project has potential as a cornerstone supplier to Western magnet producers. Encouraging results from the Bihor Sud exploration project.
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Leading Edge Materials closes C$2.5M private placement, issuing 21,739,130 units at C$0.115 per unit. Proceeds to be used for projects in Sweden and Romania, and for working capital. Insiders purchased 12,052,173 units. Mr. Eric Krafft, a director, now holds 38.75% of common shares on a non-diluted basis.
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FAQ

What is the current stock price of LEADING EDGE MATERIALS CO (LEMIF)?

The current stock price of LEADING EDGE MATERIALS CO (LEMIF) is $0.065 as of December 23, 2024.

What is the market cap of LEADING EDGE MATERIALS CO (LEMIF)?

The market cap of LEADING EDGE MATERIALS CO (LEMIF) is approximately 16.5M.

What is Leading Edge Materials Corp. (LEMIF)?

Leading Edge Materials Corp. (LEMIF) is a Canadian public company focusing on developing critical raw material projects in the European Union.

What projects is Leading Edge Materials involved in?

Leading Edge Materials is engaged in projects like the Woxna Graphite mine, Norra Karr HREE project, and the Bihor Sud Nickel Cobalt exploration alliance.

How does Leading Edge Materials contribute to the clean energy transition?

Leading Edge Materials supports high-growth technologies like batteries for electromobility and energy storage, which are crucial for the clean energy transition.

What are the key goals of Leading Edge Materials?

Leading Edge Materials aims to secure a sustainable supply of essential materials, commit to environmental responsibility, and drive technological innovation for climate neutrality.

LEADING EDGE MATERIALS CO

OTC:LEMIF

LEMIF Rankings

LEMIF Stock Data

16.52M
141.19M
39.16%
0.04%
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Basic Materials
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