Mr. Kurt Budge reports

LEADING EDGE MATERIALS ANNOUNCES UPDATE ON PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT

Further to Leading Edge Materials Corp.'s news release disseminated on Aug. 15, 2025, there was no finder's fee paid in connection with the closing of the financing.

This news release is not a prospectus under Regulation (EU) 2017/1129. 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.

About Leading Edge Materials Corp.

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 lithium-ion batteries and permanent magnets for electric motors, wind turbines and defence applications. The portfolio of projects includes the 100-per-cent-owned Woxna Graphite mine (Sweden), 100-per-cent-owned Norra Karr heavy rare-earth elements project (Sweden) and the 51-per-cent-owned Bihor Sud nickel cobalt exploration alliance (Romania).

We seek Safe Harbor.