LEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO APRIL 30, 2026

About this update from Leading Edge Materials Corp.

LEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO APRIL 30, 2026 Vancouver, June 19, 2026 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces results for the fiscal period ending April 30, 2026. All references to dollar amounts in this release are in Canadian dollars. Highlights During and After the Quarter During the six months ended April 30, 2026: Results of Operations Three Months Ended April 30, 2026, Compared to Three Months Ended January 31, 2026 During the three months ended April 30, 2026 (“Q2 2026”) the Company reported a net loss of $1,357,598 compared to a reported net loss of $745,947 for the three months ended January 31, 2026 (“Q1 2026”), an increase in loss of $611,651 is due to share based compensation of $804,590 in Q2 2026 (Q1 2026- $205,574). Three Months Ended April 30, 2026, Compared to Three months Ended April 30, 2025 During the three months ended April 30, 2026 (“2026 period”), the Company reported a net loss of $1,357,598 compared to a net loss of $1,179,168 for the three months ended April 30, 2025 (“2025 period”), an increase in loss of $178,430, the increase in loss mainly due to share based compensation of $804,590 (Q2 2025- $585,529) and professional fees of $60,358 (Q2 2025- $4,886). Selected Financial Data The following selected financial information is derived from the unaudited condensed consolidated interim financial statements of the Company prepared in accordance with IFRS. Financial Condition / Capital Resources During the three months ended April 30, 2026, the Company recorded a net loss of $1,357,598 and, as of April 30, 2026, the Company had an accumulated deficit of $54,672,768 and working capital of $539,488. The Company is maintaining its Woxna Graphite Mine on a “production-ready” basis to minimize costs. The Company continues to review options for Woxna, which include the possibility of contracting with a long-term partner willing to pay for secure natural graphite produced to the highest ESG and sustainability standards. The Company currently lacks sufficient financial resources to fund its operations and meet its obligations for the next twelve months from the date these financial statements are issued. Continued operations are dependent on the Company's ability to secure additional financing.Management ...

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