VANCOUVER, Dec. 18, 2017 /CNW/ - Leading Edge
Materials Corp. ("Leading Edge Materials") or (the Company")
(TSXV:LEM) (OTCQB: LEMIF) is pleased to announce that the Company
has received conditional approval for the listing of common shares
of Leading Edge Materials (the "LEM Common Shares") on Nasdaq First
North. The approval is subject to completion of customary
conditions, such as share price and the minimum number of qualified
registered shareholders in Euroclear. On satisfaction of the
conditions, LEM Common Shares will trade under the symbol "LEMSE".
The Company's ISIN: CA52171T1003 remains unchanged.
A Company Description for Leading Edge Materials was prepared in
connection with the application for admission of the LEM Common
Shares to trade on Nasdaq First North. The Company Description has
been approved by Nasdaq Stockholm AB, and will be available on
Leading Edge Material's website shortly.
In corporate news, the Company also advises that due to work
commitments, Nick Demare has
resigned as a Director of Leading Edge Materials but will continue
in his role as the Company's CFO.
Blair Way, President and CEO,
stated "The Company is very pleased to have received the
conditional approval for trading on Nasdaq First North. We
look forward to working with the Swedish investment community to
grow our business. Furthermore, I note the invaluable
contribution of Nick Demare as a
founding Director of Leading Edge Materials, and we look forward to
his continued contribution as CFO".
Nasdaq First North Stockholm is a logical choice for a dual
listing of Leading Edge Materials, to both expand the Company's
European profile and broaden the European shareholder base.
With graphite, lithium, rare earth and cobalt assets located
in the Nordic region, Leading Edge Materials can deliver a unique
opportunity to European investors to take part in the high growth
lithium ion battery market.
The potential for wider dissemination of corporate information,
increased trading volume and higher exposure to prospective
European customers were considered by Leading Edge Materials in the
decision to dual list, which is anticipated to benefit both
existing and new shareholders.
On behalf of the Board,
"Blair Way"
Blair Way, President & CEO
About Leading Edge Materials
Leading Edge Materials was formed with our sights firmly focused
on the material demands of a once-in-a-generation revolution, as
the world shifts to the efficient production, storage and
preservation of low carbon energy. From the lithium batteries in
our electric vehicles to our ability to generate energy from the
sun, wind and waves LEM is focused on the green energy markets.
With a focus on Europe and assets
in innovation-rich Scandinavia, Leading Edge Materials is ideally
placed to play a pivotal role in the sustainable supply of critical
technology materials.
About Nasdaq First North
Nasdaq First North is regulated as a multilateral trading
facility, operated by the different exchanges within Nasdaq Nordic
(Nasdaq First North Denmark is regulated as an alternative
marketplace). It does not have the legal status as an EU-regulated
market. Companies at Nasdaq First North are subject to the rules of
Nasdaq First North and not the legal requirements for admission to
trading on a regulated market. The risk in such an investment may
be higher than on the main market.
Advisers
Advisers in connection to the Listing are: Remium Nordic AB
("Remium"), as Financial Adviser and Liquidity Provider,
Advokatfirman Delphi, as Legal Advisers in Sweden and, Gowling WLG, as Legal Advisers in
Canada.
About Remium
All companies listing on Nasdaq First North must engage a
Certified Adviser ("CA") as part of the listing requirements.
Remium has been appointed to serve as the Company's CA.
Important information
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this news release.
This is information that Leading Edge Materials Corp. is obliged
to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of
the contact person set out above, on December 18, 2017 at 3:15
pm Vancouver time.
Forward-Looking Information. This news release may contain
forward-looking statements and information based on current
expectations. These statements should not be read as guarantees of
future performance or results. Such statements involve known and
unknown risks, uncertainties and other factors that may cause
actual results, performance or achievements to be materially
different from those implied by such statements. Such statements
include but are not limited to, the Company's expectations
regarding the benefits of the listing on the Nasdaq First North;
the Company's ability to fulfil the customary conditions set
out in the conditional acceptance letter from Nasdaq Stockholm AB;
unexpected geological conditions; the Company's expectations
regarding exploration activities to advance critical material
projects for energy storage markets, delays in obtaining or failure
to obtain necessary permits and approvals from government
authorities. Although such statements are based on
management's reasonable assumptions, there are risk factors which
could cause the Company's actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking information contained herein. All forward-looking
information herein is qualified in its entirety by this cautionary
statement, and the Company disclaims any obligation to revise or
update any such forward-looking information or to publicly announce
the result of any revisions to any of the forward-looking
information contained herein to reflect future results, events or
developments, except as required by law.
SOURCE Leading Edge Materials