Vancouver, January 27, 2022 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces granting of stock options (the “Options”) to directors, officers, employees and consultants to purchase an aggregate of 3,200,000 common shares (the “Optioned Shares”) of the Company, at exercise price of C$0.62 per Optioned Share, expiring on the date that is three years from the date of grant. The Options will vest 50% one year after the date of grant and 50% two years after the date of grant. The Options were issued pursuant to the terms of the Company’s Option Plan.
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 100% owned Woxna Graphite mine (Sweden), Norra Karr HREE project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).
www.leadingedgematerials.com
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