LEADING EDGE MATERIALS ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

LEADING EDGE MATERIALS ANNOUNCES RESULTS OF
ANNUAL GENERAL MEETING OF SHAREHOLDERS

Vancouver, April 25, 2024 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces the results of the Company’s Annual General Meeting of Shareholders held on April 25, 2024 (the “Meeting”).

A total of 84,326,601 common shares were represented in person or by proxy at the Meeting, representing 44.16% of the votes attached to all outstanding common shares of the Company as at the record date. All the matters submitted to the shareholders, as set out in the Notice of Meeting and Information Circular dated March 19, 2024, were voted in favour, including: (a) fixing the size of the Board of the Company to three; (b) the approval of the stock options plan, pursuant to which the Company may grant stock options up to 10% of its issued and outstanding common shares at the time of grant; and (c) the appointment of D&H Group LLP, Chartered Professional Accounts, as the auditors of the Company for the ensuing year.
Messrs. Lars-Eric Johansson, Daniel Major and Eric Krafft were re-elected to serve as directors of the Company, with the percentage of votes cast for each director as follows:
  

Nominee	Votes For	% For	Votes Withheld	% Withheld
Lars-Eric Johansson	84,262,345	99.92	64,256	0.08
Daniel Major	84,261,841	99.92	64,760	0.08
Eric Krafft	84,259,065	99.92	67,536	0.08

Additional details of the results of the Meeting are provided in the Report of Voting Results filed under the Company’s profile on SEDAR at www.sedarplus.com

The Company also announces granting of stock options (the “Options”) to directors, officers and consultants of the Company to purchase an aggregate of 9,650,000 common shares (the “Optioned Shares”) of the Company, at exercise price of C$0.10 per Optioned Share, expiring on the date that is 5 years from the date of grant for directors and officers and three years from the date of grant for consultants. The Options will vest 33% on the date of the grant, 33% one year after the date of grant and 34% two years after the date of grant. The Options were issued pursuant to the terms of the Company’s Option Plan.