LEADING EDGE MATERIALS WELCOMES SWEDISH MINERAL STRATEGY AND POTENTIAL MEASURES TO ACCELERATE STRATEGIC PROJECTS

Leading Edge Materials Corp. (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) welcomes the Swedish Government's newly announced Mineral Strategy, which places critical raw materials and mining at the centre of Sweden's industrial competitiveness and national security agenda. The Government’s strategy outlines a series of proposed initiatives intended to strengthen Sweden's position as a leading supplier of critical raw materials while improving the conditions for the development of strategically important mining projects. The proposed reforms are highly relevant to the advancement of the Company's 100%-owned Norra Kärr Heavy Rare Earth Elements Project, one of Europe's richest deposits of dysprosium and terbium.

The Swedish Government announced that it will launch an inquiry into the Minerals Act and the broader mining permitting system with the objective of creating a more efficient and predictable approval process. The Government indicated that the EU’s Critical Raw Materials act will serve as a model, including consideration of statutory timelines for different stages of permitting. If implemented, these reforms could provide greater certainty for strategically important projects such as Norra Kärr by reducing permitting complexity and improving the predictability of regulatory timelines.

The Mineral Strategy also proposes an inquiry into how Sweden could participate in the financing of strategic mining projects. While no specific funding mechanism has been decided, the Government noted that one option could be the establishment of a state-owned investment company to support the development of prioritized mining projects. Such an instrument would represent a significant policy development, as Sweden currently has limited direct financial participation in new mining developments outside its ownership of LKAB, a state-owned Swedish mining company. The Government highlighted increasing international competition for critical minerals and acknowledged that many jurisdictions actively support domestic mining industries through strategic investment. The proposed inquiry is intended to examine how Sweden can strengthen its competitiveness in this environment.

Recognizing that local acceptance is fundamental to successful mine development, the Government also announced an inquiry into new models for local value sharing. The review will examine potential changes to Sweden's existing mineral compensation framework with the objective of ensuring that communities hosting mining projects receive greater economic benefits while maintaining Sweden's competitiveness as a mining jurisdiction. With Norra Kärr, Greenna Mineral has already made significant progress in building relations with local stakeholders and the Government’s initiatives in these areas will only support a healthy and ongoing dialogu