Mr. Kurt Budge reports

LEADING EDGE MATERIALS ACCEPTED AS A PROJECT PARTNER BY EIT RAWMATERIALS

Leading Edge Materials Corp. has been accepted by EIT Raw Materials as a project partner. EIT RawMaterials represents a powerful knowledge and Innovation community in Europe.

About EIT Raw Materials

EIT RawMaterials is the largest and most active raw materials knowledge and innovation network globally, comprising over 300 partner organizations across the entire raw materials value chain. EIT RawMaterials demonstrates its dedication to advancing and supporting a circular economy in Europe by fostering innovation, collaboration and sustainable practices. Mandated by the European Commission, EIT RawMaterials leads the European Raw Materials Alliance (ERMA), which includes around 800 members representing an investment potential of more than 25 billion euros.

Since its founding, EIT RawMaterials has deployed over 700 million euros in direct strategic funding to support more than 800 projects and start-ups, unlocking approximately 8.3 billion euros in additional indirect investment into critical raw materials projects and technologies across Europe and beyond.

Supported by the European Institute of Innovation and Technology (EIT), a body of the European Union, EIT RawMaterials was established in 2015 to advance Europe's transition to a sustainable economy. Its mission is to secure a sustainable supply of raw materials for Europe, close material loops and design innovative product solutions, with the goal to position raw materials as a strategic strength for Europe through innovation, education and entrepreneurship.

Kurt Budge, chief executive officer, comments:

"Becoming a project partner of EIT RawMaterials is an important step forwards for Leading Edge Materials. We're committed to contributing meaningfully to the organization's work in advancing Europe's critical raw materials ecosystem. During the Autumn, attending a partner day in Brussels, CEO dinner in Stockholm, and Rare Earths and Magnets Conference in Stuttgart have already provided tremendous value and networking opportunities. We are excited for the year ahead."

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).

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