Business
Mr. Eric Krafft Reports Participation on the Private Placement of Leading Edge Materials Corp.
NOT FOR DISTRIBUTION TO UNITED STATES NEWWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLEOR IN PART, IN OR INTO THE UNITED STATES Mr. Eric Krafft Reports Participation on the Private Placement of Leading Edge Materials Corp. MONACO, August 19, 2025 /CNW/ - Mr. Eric Krafft announces that, Mr. Eric Krafft, Director of Leading Edge Materials Corp. (the “Company”) or (“LEM”) has purchased under the Company’s most recent non-brokered private pl
About this update from Leading Edge Materials Corp.
[{"type":"text","content":"NOT FOR DISTRIBUTION TO UNITED STATES NEWWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLEOR IN PART, IN OR INTO THE UNITED STATES","length":187,"tagName":"p"},{"type":"text","content":"Mr. Eric Krafft Reports Participation on the Private Placement of Leading Edge Materials Corp. ","length":94,"tagName":"p"},{"type":"text","content":"MONACO, August 19, 2025 /CNW/ - Mr. Eric Krafft announces that, Mr. Eric Krafft, Director of Leading Edge Materials Corp. (the “Company”) or (“LEM”) has purchased under the Company’s most recent non-brokered private placement 10,666,000 Units of LEM (“Units”) at a price of CAD$0.16 per Unit (the “Acquisition”) for aggregate proceeds of $1,706,560. Each Unit will consist of one (1) common share (each, a “Common Share”) in the capital of the Company and one (1) Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share (a “Warrant Share”) at a price of C$0.32 per Warrant Share until the date which is four (4) years from the closing date of the Private Placement (the “Closing Date”).","length":741,"tagName":"p"},{"type":"text","content":"Upon closing of the Acquisition, Mr. Krafft holds 95,722,577 Common Shares representing 38.30% of the issued and outstanding Common Shares, and 27.17% of the Common Shares on a fully diluted basis. The 10,666,000 Common Shares acquired by Mr. Krafft pursuant to the Acquisition, represent approximately 4.27% of the issued and outstanding Common Shares of LEM, on a non-diluted basis, and 3.03% on a fully-diluted basis.","length":420,"tagName":"p"},{"type":"text","content":"Prior to the Acquisition, Mr. Krafft owned and controlled 85,056,577 Common Shares of LEM, representing approximately 36.63% of the then issued and outstanding Common Shares of LEM, on a non-diluted basis, 22,852,173 share purchase warrants (the “Warrants”) to acquire 22,852,173 additional Common Shares of LEM and 6,500,000 stock options (the “Options”) to acquire an additional 6,500,000 Common Shares of LEM.","length":412,"tagName":"p"},{"type":"text","content":"Immediately after the Acquisition, Mr. Eric Krafft owns and controls 95,722,577 Common Shares of LEM, representing approximately 38.30% of the issued and outstanding Common Shares of LEM, 33,518,173 Warrants and 6,500,000 Options. Assumi...