Leading Edge Materials closes C$ 6 million private placement at C$ 0.25/share

Bitget2026/09/28 07:01

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Leading Edge Materials closed a C$6 million unit private placement, issuing 24,000,000 units at C$0.25 each.
Final tranche issued 6,868,000 shares for gross proceeds of C$1.72 million.
Each unit includes one share, one warrant exercisable at C$0.40 for two years.
Proceeds earmarked for Norra Kärr pre-feasibility work, environmental permitting, working capital, Woxna restart studies.
Director Eric Krafft bought 5,468,000 units, lifting his stake to 40.52% on a non-diluted basis.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leading Edge Materials Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609280301OMX_____CNEWS_EN_GNW1001274832_en) on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Leading Edge Materials closes C$ 6 million private placement at C$ 0.25/share

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