LEADING EDGE MATERIALS ANNOUNCES C$ 6,000,000 NON-BROKERED PRIVATE PLACEMENT WITH BINDING STANDBY SUBSCRIPTION AND COMMITMENT OF CORNERSTONE SHAREHOLDER

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LEADING EDGE MATERIALS ANNOUNCES C$ 6,000,000 NON-BROKERED PRIVATE PLACEMENT WITH BINDING STANDBY SUBSCRIPTION AND COMMITMENT OF CORNERSTONE SHAREHOLDER LEADING EDGE MATERIALS ANNOUNCES C$ 6,000,000 NON-BROKERED PRIVATE PLACEMENT WITH BINDING STANDBY SUBSCRIPTION AND COMMITMENT OF CORNERSTONE SHAREHOLDER NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER, OR A SOLICITATION OF ANY OFFER, TO BUY OR SUBSCRIBE FOR ANY SECURITIES IN LEADING EDGE MATERIALS IN ANY JURISDICTION. Vancouver, July 12, 2026 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces the intent to complete a non-brokered private placement of 24,000,000 units (“Units”) at a price of C$0.25 per Unit for aggregate gross proceeds of up to C$6,000,000.00 (the “Private Placement”). Leading Edge Materials intends to use the net proceeds to advance the Company's projects in Sweden and Romania, as well as for general working capital and corporate purposes. In particular, following the recent award of a 25-year mining lease for the Norra Kärr Heavy Rare Earth Elements Project, proceeds will support Pre-Feasibility Study workstreams and environmental permitting for that project, alongside studies related to a possible restart of the Woxna Graphite mine and processing plant. The Company continues to seek alternative capital for its Romanian exploration activities, with work now focused on further defining polymetallic targets. 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$0.40 per Warrant Share until the date which is two (2) years from the closing date of the Private Placement (the “Closing Date”). The Company expects certain insiders of the Company to participate in the Private Placement. Any partic...

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