LEADING EDGE MATERIALS ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT

How much capital was raised in the non-brokered private placement and at what price per share? What is the dilution impact on existing shareholders and the post‑placement share count? How will the proceeds be allocated (e.g., debt repayment, R&D, working capital, acquisitions)? What is the timeline for using the funds and are there any milestones tied to the capital raise? Does the closing of the placement affect the company’s existing financing agreements or covenants? How does this financing compare to recent capital raises by peer companies in the materials sector? What are the implications for the company's liquidity and credit profile after the placement? Will the private placement trigger any insider lock‑up periods or affect insider ownership dynamics? How might the market react to the dilution versus the perceived benefit of the new capital? Who are the investors participating in the private placement and what does their involvement signal about the company's prospects?