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Leading Edge Materials to Raise CA$6 Million via Private Placement
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05:00 AM EDT, 07/13/2026 (MT Newswires) -- Leading Edge Materials (LEMSE.ST) plans to raise CA$6 million via a nonbrokered private placement offer of 24 million units at CA$0.25 apiece, according to a Sunday statement published Monday. The resource properties exploration and development company said the unit comprises one ordinary share and one purchase warrant. The warrant entitles holders to one share at CA$0.40 apiece within two years of completing the offer. The company plans to use the proceeds for its Swedish and Romanian projects, general working capital, and other corporate uses.
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