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LEADING EDGE MATERIALS CLOSES C$6,000,000 PRIVATE PLACEMENTNOT 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 VIOLATIO…
The company issued 24,000,000 units in total, including a final tranche of 6,868,000 shares for C$1.72 million. Each unit includes one share and one warrant exercisable at C$0.40 for two years.
Leading Edge Materials said it closed a C$6,000,000 private placement.
Leading Edge Materials (LEMSE) closes the first tranche of a C$6,000,000 private placement with a binding standby subscription and a cornerstone shareholder commitment.