LEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO APRIL 30, 2026

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentLEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO APRIL 30, 2026Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentVancouver, June 19, 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 April 30, 2026. All references to dollar amounts in this release are in Canadian dollars.Article contentWe apologize, but this video has failed to load.

Try refreshing your browser, ortap here to see other videos from our team.Article contentHighlights During and After the QuarterArticle contentDuring the six months ended April 30, 2026:Article contentOn February 2, 2026, the Company provided an update on its exploration activities in Romania and latest assay results.On February 8, 2026, the Company announced that its 100% owned Swedish subsidiary Greenna Mineral AB (“GMAB”) had signed an MoU with Ascension Earth Resources (“Ascension”) in relation to HREE recovery from Norra Kärr eudialyte.

On March 10, 2026, the Company announced that the Mining Inspectorate had chosen to submit the Company’s application for an Exploitation Concession for Norra Kärr to the Swedish Government for a final decision. The Mining Inspectorate itself recommends in its decision that the application should be approved.On March 18, 2026, the Company announced that the Competent Person’s Report (“CPR”) for the Bihor Sud Polymetallic Exploration Project (“Bihor Sud”) in Romania had been filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”).

On April 19, 2026, the Company provided a status update on the Company’s application for an Exploitation Concession for Norra Kärr and that the Company had been in formal communication with the Government ministry responsible for handling the application.On April 28, 2026, the Company announced granting of stock options (the “Options”) to directors and officers of the Company to purchase an aggregate of 7,200,000 common shares (the “Optioned Shares”) of the Company, at exercise price of C$0.31 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.Article contentArticle contentResults of OperationsArticle contentTop StoriesGet the latest headlines, breaking news and columns.

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Article contentThree Months Ended April 30, 2026, Compared to Three Months Ended January 31, 2026Article contentDuring the three months ended April 30, 2026 (“Q2 2026”) the Company reported a net loss of $1,357,598 compared to a reported net loss of $745,947 for the three months ended January 31, 2026 (“Q1 2026”), an increase in loss of $611,651 is due to share based compensation of $804,590 in Q2 2026 (Q1 2026- $205,574).Article contentThree Months Ended April 30, 2026, Compared to Three months Ended April 30, 2025Article contentDuring the three months ended April 30, 2026 (“2026 period”), the Company reported a net loss of $1,357,598 compared to a net loss of $1,179,168 for the three months ended April 30, 2025 (“2025 period”), an increase in loss of $178,430, the increase in loss mainly due to share based compensation of $804,590 (Q2 2025- $585,529) and professional fees of $60,358 (Q2 2025- $4,886).Article contentSelected Financial DataArticle contentThe following selected financial information is derived from the unaudited condensed consolidated interim financial statements of the Company prepared in accordance with IFRS.

Article contentArticle content Fiscal 2026Fiscal 2025Fiscal 2024 Three Months EndedApril 30,2026$January 31,2026$October 31,2025$July 31,2025$April 30,2025$January 31,2025$October 31,2024$July 31,2024$Operations Expenses (1,381,717) (791,117) (731,190) (697,621) (1,070,402) (696,037) (97,209) (797,070) Other items 24,119 45,170 (25,684) 86,314 (108,766) 26,821 (222,820) (25,168)Comprehensive profit/(loss) (1,357,598) (745,947) (756,874) (611,307) (1,179,168) (669,216) (320,029) (822,238)Basic Profit/(loss) per share(0.01)(0.00)(0.

00)(0.00)(0.01)(0.

00)(0.00)(0.00)Diluted profit/(