VANCOUVER, Oct. 12, 2018 /CNW/ - Leading Edge Materials
Corp. ("Leading Edge Materials") or (the
"Company") (TSXV: LEM) (Nasdaq First North:
LEMSE) (OTCQB: LEMIF) reports that the Company's Swedish
subsidiary Tasman Metals AB has been granted membership of the
Swedish Association of Mines, Mineral and Metal Producers
(Svemin).
Svemin represents approximately 40 companies at all stages of
Swedish extractive industries. Svemin provides a single point
of contact for government and community to liaise and engage with
the exploration and mining industry and defines a "code of conduct"
to which all members agree to adhere. Svemin has recently
published an extensive policy document entitled "Guidance for
Exploration in Sweden" which
provides an excellent overview of the Swedish exploration and
mining industry
(https://www.svemin.se/english/publications-and-downloads/).
Leading Edge Materials is a long term and active participant in
the Swedish mining industry, in particular towards the discovery
and production of critical and battery raw materials. The
Nordic region is very well placed for production of the materials
essential for a transition to renewable energies and
electrification.
Blair Way, President and CEO,
stated "While we acknowledge the recent challenges in permitting of
some mining projects in Sweden, we
are happy to take a long-term industry view and add our voice to
improving the system for all stakeholders through Svemin.
Sweden has a long history of raw
material extraction and innovation, and the recent surging demand
for critical and battery raw materials provides an excellent
opportunity for Sweden to remain
an industry leader. Leading Edge Materials is proud to be at
the forefront of the renewable energy and electrification
transition."
On behalf of the Board of Directors,
Leading Edge
Materials Corp.
Mr. Blair Way, President and
CEO
About Leading Edge Materials
Leading Edge Materials is a Canadian public company focused on
production of high value critical raw materials for the European
market, with an operating base in the Nordic region, a region well
recognized for its promotion and investment in innovation. LEM's
flagship asset is the Woxna Graphite production facility located in
central Sweden targeting the
supply of specialty materials for lithium ion battery production.
LEM's assets and research focus are towards the raw materials for
Li-ion batteries (graphite, lithium, cobalt); materials for high
thermal efficiency building products (graphite, silica, nepheline);
and materials that improve the efficiency of energy generation
(dysprosium, neodymium, hafnium). Investments are linked to the
global shift to low-carbon energy generation and energy storage.
Leading Edge Materials currently operate in four divisions,
Graphite, Lithium, Rare Earth and Cobalt. Mangold
Fondkommission AB is the Company's Certified Adviser ("CA") as part
of the listing requirements for Nasdaq First North.
Additional Information
Leading Edge Materials is listed on the TSXV under the symbol
"LEM" and Nasdaq First North Stockholm under the symbol "
LEMSE". Mangold Fondkommission AB is the Company's CA on
Nasdaq First North and may be contacted at +46 (0) 8 5030 1550.
Reader Advisory
This news release may contain statements which constitute
"forward-looking information", including statements regarding the
plans, intentions, beliefs and current expectations of the Company,
its directors, or its officers with respect to the future business
activities of the Company. The words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate",
"expect" and similar expressions, as they relate to the Company, or
its management, are intended to identify such forward-looking
statements. Investors are cautioned that any such forward-looking
statements are not guarantees of future business activities and
involve risks and uncertainties, and that the Company's future
business activities may differ materially from those in the
forward-looking statements as a result of various factors,
including, but not limited to, fluctuations in market prices,
successes of the operations of the Company, continued availability
of capital and financing and general economic, market or business
conditions. There can be no assurances that such information will
prove accurate and, therefore, readers are advised to rely on their
own evaluation of such uncertainties. The Company does not assume
any obligation to update any forward-looking information except as
required under the applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE Leading Edge Materials