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Leading Edge Materials amends private placing

The firm will now issue up to 7.14 million units with each consisting of one share and one share purchase warrant
Leading Edge Materials amends private placing
Lithium batteries

Leading Edge Materials Corp (CVE:LEM, OTCQB:LEMIF) has amended its earlier private placing, with units now being sold at $0.28 each.

The firm will now issue up to 7.14 million units with each consisting of one share and one share purchase warrant. Each warrant will entitle the holder to purchase one share at $0.37 each until the date which is three years from closing, which is expected to occur on or around November 30 this year.

The firm is raising funds for the development of its European lithium-ion battery materials portfolio and for general working capital.

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