VANCOUVER, BC, July 24, 2020 /PRNewswire/ - 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 Friday, July 24, 2020 (the "Meeting"). A total of 21,776,332 common shares were voted, representing 19.02% 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:
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. In addition, disinterested shareholder approval was obtained for the potential creation of a new "Control Person" of the Company, as more particularly described in the Company's Information Circular. The Information Circular is available for download under the Company's profile on SEDAR at www.sedar.com or on the Company's website at https://leadingedgematerials.com/investors/#1511790980717-af1a9845-4bbd
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 at www.sedar.com.
Subsequent to the Meeting, the directors appointed Lars-Eric Johansson as Non-Executive Chairman, Filip Kozlowski as Chief Executive Officer and Mr. Nick DeMare as Chief Financial Officer and Corporate Secretary. Messrs. Johansson, Major and Krafft were appointed as members of the Audit Committee.
On behalf of the Board of Directors,
Leading Edge Materials Corp.
Lars-Eric Johansson, Non-Executive Chairman
About Leading Edge Materials
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 and wind power that underpin the sustainability transition of society. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), Norra Kärr HREE project (Sweden), Bergby lithium project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).
The Company's consolidated financial statements and related management's discussion and analysis are available on the Company's website at www.leadingedgematerials.com or under its profile on SEDAR at www.sedar.com
The information was submitted for publication through the agency of the contact person set out above, on July 24, 2020, at 11:45 AM Vancouver time.
Leading Edge Materials is listed on the TSXV under the symbol "LEM", OTCQB under the symbol "LEMIF" 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 [email protected] or by phone +46 (0) 8 5030 1550.
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.
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SOURCE Leading Edge Materials