VANCOUVER, April 16, 2019 /CNW/ - Leading Edge
Materials Corp. ("Leading Edge Materials") or
("the Company") (TSXV: LEM) (Nasdaq First North:
LEMSE) (OTCQB: LEMIF) announces the voting results from
the Company's Annual General of Shareholders held on Tuesday, April 16, 2019 (the
"Meeting"). A total of 18,061,571 common shares were
voted, representing 18.91% of the Company's issued and outstanding
common shares. Shareholders voted in favour of setting the
number of directors at three (3) and for the re-election of all
director nominees.
The percentage of votes cast for each director is as
follows:
Nominee
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
|
|
|
|
|
Michael
Hudson
|
17,997,490
|
99.65%
|
64,081
|
0.35%
|
|
|
|
|
|
Mark
Saxon
|
18,038,540
|
99.87%
|
23,031
|
0.13%
|
|
|
|
|
|
Filip
Kozlowski
|
18,039,740
|
99.88%
|
21,831
|
0.12%
|
In addition, shareholders also approved the ratification of the
Company's 10% rolling stock option plan and the appointment of
D&H Group LLP, Chartered Professional Accountants, as the
auditors of the Company for the ensuing year and the authorization
for the directors of the Company to fix their remuneration.
Additional details of the results of the Meeting will be
provided in a Report of Voting Results to be filed under the
Company's profile on SEDAR www.sedar.com
Subsequent to the Meeting, the directors appointed Michael Hudson as Non-Executive Chairman,
Mark Saxon as Interim President and
Chief Executive Officer and Mr. Nick
DeMare as Chief Financial Officer and Corporate
Secretary. Messrs. Hudson, Kozlowski and Saxon were appointed
as members of the Audit Committee.
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.
Additional Information
The information was submitted for publication through the agency
of the contact person set out below, on April 16, 2019 at 10:45
AM Vancouver time.
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 Certified
Adviser on Nasdaq First North and may be contacted via email
CA@mangold.se or by phone +46 (0) 8 5030 1550.
On behalf of the Board of Directors,
Leading Edge
Materials Corp.
Mr. Michael Hudson, Chairman
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 the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this news release.
SOURCE Leading Edge Materials