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LEADING EDGE MATERIALS NEWS RELEASE LEADING EDGE MATERIALS CORP . 14th Floor 1040 West Georgia Street , Vancouver , BC , V6E 4H1 info@leadingedgematerials.com | www.leadingedgematerials.com TSX.V : LEM | Nasdaq First North : LEMSE | OTCQB : LEMIF | FRA : 7FL September 18 , 2026 LEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO JULY 31 , 2026 AND ANNOUNCES CLOSING OF THE SECOND TRANCHE OF PRIVATE PLACEMENT Vancouver , September 18 , 2026 - Leading Edge Materials Corp. ( " Leading Edge Materials " or the " Company " ) ( TSXV : LEM ) ( Nasdaq First North : LEMSE ) ( OTCQB : LEMIF ) ( FRA : 7FL ) announces results for the fiscal period ending July 31 , 2026. All references to dollar amounts in this release are in Canadian dollars . Highlights During and After the Quarter During the three months ended July 31 , 2026 : • • • • • On May 26 , 2026 , the Company announced it had agreed to increase its stake in the Bihor Sud Exploration Licence joint venture to 90 % , following an amendment to the shareholders joint venture agreement ( " JVA " ) originally entered into with REMAT Group Management SRL ( " REMAT " ) on August 9 , 2018 . On June 9 , 2026 , the Company announced testwork results on ore sourced from the Woxna Graphite Mine ( " Woxna " ) . The programme was designed to evaluate new processing techniques aimed at producing large- flake , high - purity flake graphite concentrate suitable for premium industrial and battery applications . The testwork , using a simple , industrially practical two - stage alkaline process ( without an energy - intensive pre- heating step ) , achieved 99.96 % LOI ( loss on ignition ) - suggesting a preferred route for commercial scale- up to meet high - end industrial specifications . On June 28 , 2026 , the Company announced that its wholly - owned Swedish subsidiary , GREENNA Mineral AB ( " GMAB " ) , has been granted an Exploitation Concession - 25 - year mining lease - for the Norra Kärr Heavy Rare Earth Elements Project in Sweden . On July 12 , 2026 , the Company announced the intent to complete a non - brokered private placement of 24,000,000 units ( " Units " ) at a price of C $ 0.25 per Unit for aggregate gross proceeds of up to C $ 6,000,000.00 ( the " Private Placement ” ) . The Company's cornerstone shareholder , Mr Eric Krafft , has agreed to subscribe for any Units not otherwise purchased by investors under the private placement . On July 20 , 2026 , the Company provided an update on its midstream processing strategy for eudialyte concentrate from the Norra Kärr - and the path toward pilot - scale hydrometallurgical testing , a key step in demonstrating the process at commercial scale . This builds on the significant flowsheet development work completed over the last 15 years , and new research into silicate management under the Vinnova funded SHLENK project . On July 26 , 2026 , the Company welcomed the Swedish Government's new Mineral Strategy , which places critical raw materials and mining at the centre of Sweden's industrial competitiveness and national security agenda . After the three months ended July 31 , 2026 : • On August 18 , 2026 , the Company closed a first tranche of the private placement announced previously on July 12 , 2026 , issuing 16,032,000 common shares at a price of $ 0.25 / share for gross proceeds of CAD $ 4,008,000 .