Leading Edge Materials Announces Results of Annual and Special Meeting of Shareholders
Enter Wall Street with StreetInsider Premium. Claim your one week free trial here.
Vancouver, April 28, 2022 – Leading Edge Materials Corp. (“Advanced materials“or the”Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces the results of the annual and special meeting of shareholders of the Company held on April 28, 2022 (the “Meeting”).
A total of 52,608,851 ordinary shares were represented in person or by proxy at the Meeting, representing 34.69% of the votes attached to all outstanding ordinary shares of the Company on the record date. All matters submitted to shareholders, as set out in the notice of meeting and information circular dated March 23, 2022, were voted in favor, including: (a) fixing the size of the Board of the Company at three ; (b) the adoption of a new stock option plan, under which the Company may grant stock options for up to 10% of its issued and outstanding common shares at time of grant; and (c) the appointment of D&H Group LLP, Chartered Professional Accounts, as the Company’s auditors for the coming year.
Messrs. Lars-Eric Johansson, Daniel Major and Eric Krafft were re-elected as directors of the Company, the percentage of votes cast for each director being as follows:
|Candidate||vote for||% For||Votes withheld||% Retained|
|Lars Eric Johansson||52 607 251||100.00||1,600||0.00|
Additional details of the results of the Meeting are provided in the Report of Voting Results filed under the Company’s profile on SEDAR at www.sedar.com
Following the Meeting, the Board reappointed Mr. Johansson as Non-Executive Chairman, Mr. Filip Kozlowski as Chief Executive Officer, Mr. Sanjay Swarup as Chief Financial Officer and Ms. Manuela Balaj-Coroiu was appointed Secretary General to replace Mr. Nick DeMare. Messrs. Johansson, Major and Krafft have been appointed members of the audit committee.
On behalf of the Board of Directors,Leading Edge Materials Corp.
Filip Kozlowski, CEO
For more information, please contact the Company at:[email protected] www.leadingedgematerials.com
About Advanced MaterialsLeading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw materials projects located in the European Union. Critical raw materials are determined as such by the European Union according to their economic importance and the risk of supply. 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 to climate neutrality. The project portfolio includes the 100% owned Woxna Graphite mine (Sweden), the Norra Karr HREE project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).
The information was submitted for publication through the contact listed above on April 28, 2022, 2:00 p.m. Vancouver time.
Leading Edge Materials is listed on the TSX Venture Exchange under the symbol “LEM”, on the OTCQB under the symbol “LEMIF” and on Nasdaq First North Stockholm under the symbol “LEMSE”. Mangold Fondkommission AB is the company’s certified advisor on Nasdaq First North and can be contacted by email [email protected] or by phone +46 (0) 8 5030 1550.
Notice to readers
This press release may contain statements that constitute “forward-looking information” under applicable Canadian securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors or its officers regarding the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and expressions similar, with respect to the Company, or its management, are intended to identify such forward-looking information. Investors are cautioned that such forward-looking information is not a guarantee of future business activities and involves risks and uncertainties, and that the future business activities of the Company may differ materially from those contained in the forward-looking information due to various factors. including, but not limited to, fluctuations in market prices, the success of the Company’s operations, the continued availability of capital and financing, and general economic, market or business conditions. There can be no assurance that such information will prove to be accurate and, therefore, readers are urged to rely on their own assessment of such uncertainties. The Company undertakes no obligation to update any forward-looking information except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Source: Leading Edge Materials Corp.