Nicox Extends Existing Flexible Equity Financing
NCX 470 Denali confirmatory Phase 3 results expected mid-August to mid-September 2025
August 08, 2025 – release at 7:30 am
Sophia Antipolis, France
Nicox SA (Euronext Growth Paris: FR0013018124, ALCOX), an international ophthalmology company, today announced an extension of the PACEO1 equity line of financing entered into with Vester Finance on March 5, 2025, with an additional maximum of 5,000,000 shares (a maximum of 6.43% of the currently issued share capital2 and 4.26% on a fully-diluted basis3). The other terms of the financing, as announced on March 6, 2025, remain unchanged, including the conditions and issue price of the additional shares4.
Based on estimated cash and debt positions and expected income from existing agreements, the Company estimates that it is financed into Q3 2026. This cash runway excludes proceeds from the financing announced today but could be further extended depending on the performance of it. If any of the assumptions around estimated income or costs change, this may impact the cash runway of the Company.
Under the terms of the amendment signed on August 7, 2025, Vester Finance agreed to subscribe for an additional maximum of up to 5,000,000 additional shares in the Company, at its own initiative, on terms as set out in the Press Release of March 6, 2025. For information purposes only, at the current share price5, the total gross proceeds of the additional shares in this financing would potentially be €3.1 million. Assuming full use of the extension to this equity line, a shareholder holding 1.00% of Nicox's capital before the transaction would see a reduction in his stake to 0.94% of the capital. The Company may terminate this agreement at any time without penalty.
This transaction was authorized by the Chief Executive Officer using a delegation granted by the meeting of the Board of Directors of August 7, 2025, who themselves used the delegation granted by the General Meeting of the shareholders of the Company on June 27, 2025, under the 13th resolution6. There is no requirement for a prospectus to be submitted to the Autorité des marchés financiers (AMF).
Vester Finance, who holds approximately 4% of the share capital, is acting in the capacity as a shareholder of Nicox and also as an investor who may sell all or part of the shares over a short or long period time.
Risk Factors
Risks factors which are likely to have a material effect on Nicox's business are presented in section 3 of the ' Rapport Annuel 2024 ' which is available on Nicox's website (www.nicox.com).
The sale of the shares is likely to have an impact on the volatility and liquidity of the stock, as well as on the Company's share price.
The number of shares issued under this transaction and admitted to trading will be announced on the Company's website. About Nicox Nicox SA is an international ophthalmology company developing innovative solutions to help maintain vision and improve ocular health. Nicox's lead program in clinical development is NCX 470 (bimatoprost grenod), a novel nitric oxide-donating bimatoprost eye drop, for lowering intraocular pressure in patients with open-angle glaucoma or ocular hypertension licensed to Ocumension Therapeutics for the Chinese, Korean and Southeast Asian markets and to Kowa elsewhere. Nicox also has a preclinical research program on NCX 1728, a nitric oxide-donating phosphodiesterase-5 inhibitor, with Glaukos. Nicox's first product, VYZULTA® in glaucoma, licensed exclusively worldwide to Bausch + Lomb, is available commercially in the U.S. and over 15 other territories. Nicox generates revenue from ZERVIATE® in allergic conjunctivitis, licensed in multiple geographies, including to Harrow, Inc. in the U.S., and Ocumension Therapeutics in the Chinese and in the majority of Southeast Asian markets.
Nicox, headquartered in Sophia Antipolis, France, is listed on Euronext Growth Paris (Ticker symbol: ALCOX) and is part of the CAC Healthcare index.
For more information www.nicox.com Analyst coverage
H.C. Wainwright & Co Yi Chen New York, U.S. The views expressed by analysts in their coverage of Nicox are those of the author and do not reflect the views of Nicox. Additionally, the information contained in their reports may not be correct or current. Nicox disavows any obligation to correct or to update the information contained in analyst reports. Contacts NicoxGavin SpencerChief Executive OfficerT +33 (0)4 97 24 53 00
[email protected] Disclaimer This press release and the information contained therein do not constitute an offer to sell or an offer to subscribe, or a solicitation to purchase or to subscribe Nicox's shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The distribution of this press release may be restricted in certain jurisdictions by local law. Persons coming into possession of this press release are required to comply with all local regulations applicable to this press release.
The information contained in this document may be modified without prior notice. This information includes forward-looking statements. Such forward-looking statements are not guarantees of future performance. These statements are based on current expectations or beliefs of the management of Nicox S.A. and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Nicox S.A. and its affiliates, directors, officers, employees, advisers or agents, do not undertake, nor do they have any obligation, to provide updates or to revise any forward-looking statements.
Risks factors which are likely to have a material effect on Nicox's business are presented in section 3 of the ' Rapport Annuel 2024 ' which is available on Nicox's website (www.nicox.com).
Finally, this press release may be drafted in the French and English languages. If both versions are interpreted differently, the French language version shall prevail. Nicox S.A.Sundesk Sophia Antipolis, Bâtiment C, Emerald Square, Rue Evariste Galois, 06410 Biot, France
T +33 (0)4 97 24 53 00
1 Programme d'Augmentation de Capital par Exercice d'Options (Capital increase program through exercise of warrants)
2 Non-diluted share capital as of 31 July 2025
3 Taking into account the issue of 39,536,771 new shares issuable at the date of this press release on the exercise of stock options (1,187,205 shares), the vesting of restricted stock (4,072,785 shares), the exercise of warrants (20,234,228 shares) and the conversion of bonds convertible into equity (14,042,553 shares)
4 The lowest volume-weighted average daily price of the share over the two consecutive trading sessions preceding an exercise request, after applying a maximum discount of 6.5%
5 Closing price of €0.62 on August 7, 2025
6 Delegation of competence to the Board of Directors to increase the share capital for the benefit of a category of investors without preferential right of subscription of the shareholders
Attachment EN_FinancingAugust2025_PR_FINAL
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Business News
2 hours ago
- Time Business News
The Role of AI in Personalizing the Customer Journey
Personalization is no longer just a buzzword—it's a critical component of a successful customer experience strategy. As competition intensifies and consumer expectations rise, businesses must deliver hyper-personalized experiences to stand out. This is where Artificial Intelligence (AI) plays a transformative role. AI is revolutionizing how brands understand, interact with, and serve their customers throughout the buyer journey. From awareness to post-purchase, AI enables businesses to tailor interactions at scale, in real-time. Modern consumers expect brands to know who they are, what they want, and when they want it. According to McKinsey & Company, companies that excel at personalization generate 40% more revenue from those activities than average players. Additionally, 71% of consumers expect companies to deliver personalized interactions, and 76% get frustrated when this doesn't happen. In other words, personalization isn't a luxury—it's an expectation. AI-powered personalization refers to using machine learning, natural language processing (NLP), and predictive analytics to tailor customer experiences across various channels and touchpoints. It leverages real-time and historical data to make, like courier package delivery systems, intelligent decisions about what content, product, or message to serve each user. Unlike traditional rule-based personalization, AI systems learn and adapt continuously. They identify patterns and make recommendations with increasing accuracy over time. In the initial stage of the customer journey, AI helps brands deliver the right message to the right audience. AI in programmatic advertising allows for real-time bidding and targeting based on behavioral data. AI-powered tools like Meta's Advantage+ and Google Ads' Smart Bidding automatically optimize ad performance. Predictive algorithms analyze customer segments and choose the best creative formats or messaging. Once a prospect shows interest, AI refines the experience further by delivering personalized content or product recommendations. E-commerce platforms like Amazon and Shopify use AI to suggest products based on browsing history, cart activity, and similar customer behavior. Content recommendation engines (like those used by Netflix or YouTube) keep users engaged longer by suggesting personalized media options. When customers are ready to convert, AI simplifies the process: AI chatbots provide real-time answers to pre-purchase questions, increasing conversion rates and reducing support costs. Dynamic pricing algorithms adjust prices based on demand, user behavior, and competitor pricing. Email automation platforms like Klaviyo and Mailchimp use AI to send personalized messages at optimal times. After a purchase, AI plays a critical role in retention: Predictive analytics helps identify at-risk customers and trigger proactive retention campaigns. AI suggests loyalty rewards based on customer value and behavior. Post-purchase emails, tailored with AI, recommend complementary products or services. Customer Data Platforms (CDPs): Aggregate and unify customer data from various sources Aggregate and unify customer data from various sources AI-driven CRM Systems: Salesforce Einstein, HubSpot AI, and Zoho Zia use AI integration to guide sales and marketing decisions. Salesforce Einstein, HubSpot AI, and Zoho Zia use AI integration to guide sales and marketing decisions. Recommendation Engines: Tools like Dynamic Yield, Adobe Target, and Algolia personalize content and product suggestions Tools like Dynamic Yield, Adobe Target, and Algolia personalize content and product suggestions Natural Language Processing: Powers chatbots like Drift, Intercom, and ChatGPT-based solutions to offer human-like support. While powerful, AI-driven personalization comes with challenges: Data privacy concerns: Striking a balance between personalization and respecting privacy is crucial. Transparency and compliance with GDPR and CCPA are non-negotiable. Striking a balance between personalization and respecting privacy is crucial. Transparency and compliance with GDPR and CCPA are non-negotiable. Bias in algorithms: Poorly trained models may reinforce biases, leading to inaccurate personalization. Poorly trained models may reinforce biases, leading to inaccurate personalization. Integration complexity: AI systems require clean, structured data and often need integration with legacy systems. Amazon: Amazon uses AI extensively to personalize product recommendations, which account for 35% of total sales. Their recommendation system is based on collaborative filtering, deep learning, and clickstream analysis. Spotify: Spotify's AI tailors playlists like Discover Weekly and Release Radar to individual listening habits. This personalization drives user loyalty and increases listening time. Starbucks: Through its Deep Brew AI engine, Starbucks customizes offers, drink suggestions, and email content based on customer behavior and weather, location, and order history. The next wave of AI will be conversational and contextual. As technologies like Generative AI, augmented reality (AR), and edge AI advance, personalization will go beyond product suggestions and into immersive, human-like experiences. We're also likely to see more AI Employees—virtual brand representatives that engage with customers across platforms like social media, email, and websites in real-time, offering personalized assistance at scale. The role of AI in personalizing the customer journey is undeniable. It empowers brands to deliver value-driven, relevant, and seamless experiences at every stage of the funnel. As customer expectations evolve, the businesses that win will be those that invest in intelligent, AI-powered personalization systems. Personalization at scale is no longer a future goal—it's a present necessity. TIME BUSINESS NEWS
Yahoo
6 hours ago
- Yahoo
REGISTRATION OF THE COMBINATION OF SHARES OF DIGITALIST GROUP PLC, AND ADJUSTMENT OF THE MAXIMUM NUMBERS OF SHARES AVAILABLE FOR SUBSCRIPTION UNDER THE COMPANY'S CONVERTIBLE LOANS AND 2021 STOCK OPTION PROGRAM, AND THE SUBSCRIPTION PRICES
REGISTRATION OF THE COMBINATION OF SHARES OF DIGITALIST GROUP PLC, AND ADJUSTMENT OF THE MAXIMUM NUMBERS OF SHARES IN THE COMPANY AVAILABLE FOR SUBSCRIPTION UNDER THE COMPANY'S CONVERTIBLE LOAN INSTRUMENTS AND THE 2021 STOCK OPTION PROGRAM, AS WELL AS THE SUBSCRIPTION PRICES Digitalist Group Plc Stock Exchange Release 16 August 2025 at 11:05 Combination of Shares and Related Directed Share Issue Without Consideration, Redemption and Cancellation of Shares Digitalist Group Plc ('Digitalist Group' or the 'Company') has, on the previously announced combination date of 15 August 2025, implemented the combination of the Company's shares, i.e. the reduction of the number of shares, as well as the related directed share issue without consideration, redemption of shares and cancellation of shares. Following the combination of shares, the Company's new total number of shares is 2,773,721. The new number of shares has today, 16 August 2025, been registered with the Trade Register maintained by the Finnish Patent and Registration Office, and trading in the Company's shares with the new total number of shares will commence on Monday, 18 August 2025, on the official list of Nasdaq Helsinki Ltd under the new ISIN code FI4000591698. The Company's trading code DIGIGR will remain unchanged. The Extraordinary General Meeting of the Company held on 13 August 2025 resolved on the combination of shares and the related redemption of shares so that after the combination of shares, one (1) share in the Company corresponds to every 250 shares in the Company. In connection with the implementation of the combination of shares, the Board of Directors resolved to implement the directed share issue without consideration resolved by the Extraordinary General Meeting, in which the Company has transferred without consideration in total 636,238 of its own shares held by the Company, so that the number of shares recorded in each book-entry account holding shares in the Company is divisible by 250. The total market value of the shares transferred without consideration, based on the closing price on 15 August 2025, was approximately 11,706.78 euros. Following the directed share issue, the Company has redeemed without consideration 249 shares for each 250 shares in the Company, in accordance with the resolution of the Extraordinary General Meeting. The shares of the Company redeemed in connection with the combination of shares have been cancelled immediately. In addition, in connection with the combination of shares, a total of 205 of the Company's own shares held by the Company were cancelled in order for the number of the Company's own shares held by the Company and the total number of shares in the Company to be divisible by 250. Following the combination of shares, Digitalist Group holds 28,114 of its own shares. The purpose of the combination of shares is to improve the prerequisites for trading in the Company's shares by increasing the value of an individual share and to enhance the formation of the share price. The procedure relating to the combination of shares is described in more detail in the stock exchange release published by Digitalist Group on 13 August 2025 concerning the resolutions of the Extraordinary General Meeting. In accordance with the provisions of the Finnish Limited Liability Companies Act regarding related party transactions, the members of the Board of Directors of Digitalist Group, Paul Ehrnrooth and Peter Eriksson, did not participate in the decision-making concerning Turret Oy Ab in relation to the combination of shares. Adjustment of the maximum numbers of shares in the Company available for subscription under the Company's convertible loan instruments and the 2021 stock option programme, as well as the subscription prices As a consequence of the implementation of the combination of the Company's shares, the Board of Directors of the Company resolved on the changes resulting from the combination of shares as set out below: to the maximum numbers of new shares in the Company available for subscription, and to the subscription prices, under the Company's convertible loan instruments subscribed for by Turret Oy Ab ('Turret') and Holdix Oy Ab ('Holdix') (each a 'Convertible Loan' and together the 'Convertible Loans') 2021/1, 2021/2, 2021/3, 2021/4, 2022/1, 2025/1 and 2025/2, in accordance with the terms and conditions (the 'Terms and Conditions') of the respective instruments; and to the maximum numbers of new shares in the Company available for subscription, and to the subscription prices, under the option rights granted pursuant to the Company's 2021 Stock Option Program, and partly to the lapse of certain option rights. Convertible Loans 2021/1, 2021/3, 2022/1 and 2025/1 The Board of Directors of the Company resolved on the following changes to the maximum numbers of new shares in the Company available for subscription, and to the subscription prices, under the Convertible Loans 2021/1, 2021/3, 2022/1 and 2025/1 subscribed for by Turret: In accordance with Clause 11 of the terms and conditions of the Convertible Loans (the 'Terms and Conditions'), the Conversion Price of a share (meaning the per-share subscription price under the Finnish Limited Liability Companies Act) shall be the volume-weighted average price of the Company's share on Nasdaq Helsinki Ltd during the six (6) months preceding the delivery of a Conversion Notice as defined in Clause 13 of the Terms and Conditions, provided, however, that the volume-weighted average price of the Company's share calculated for the period preceding 18 August 2025 shall be multiplied by 250; The bonds under Convertible Loan 2021/1 may be converted into a maximum of 260,000 new shares in the Company; The bonds under Convertible Loan 2021/3 may be converted into a maximum of 5,204,280 new shares in the Company; The bonds under Convertible Loan 2022/1 may be converted into a maximum of 772,600 new shares in the Company; The bonds under Convertible Loan 2025/1 may be converted into a maximum of 951,772 new shares in the Company. In accordance with the provisions of the Finnish Limited Liability Companies Act regarding related party transactions, the members of the Board of Directors of Digitalist Group, Paul Ehrnrooth and Peter Eriksson, did not participate in the decision-making concerning Convertible Loans 2021/1, 2021/3, 2022/1 and 2025/ Loans 2021/2, 2021/4 and 2025/2 The Board of Directors of the Company resolved on the following changes to the maximum numbers of new shares in the Company available for subscription, and to the subscription prices, under the Convertible Loans 2021/2, 2021/4 and 2025/2 subscribed for by Holdix: In accordance with Clause 11 of the terms and conditions of the Convertible Loans (the 'Terms and Conditions'), the Conversion Price of a share (meaning the per-share subscription price under the Finnish Limited Liability Companies Act) shall be the volume-weighted average price of the Company's share on Nasdaq Helsinki Ltd during the six (6) months preceding the delivery of a Conversion Notice as defined in Clause 13 of the Terms and Conditions, provided, however, that the volume-weighted average price of the Company's share calculated for the period preceding 18 August 2025 shall be multiplied by 250; The bonds under Convertible Loan 2021/2 may be converted into a maximum of 140,000 new shares in the Company; The bonds under Convertible Loan 2021/4 may be converted into a maximum of 2,424,450 new shares in the Company; The bonds under Convertible Loan 2025/2 may be converted into a maximum of 377,584 new shares in the Option Program 2021 Digitalist Group has only one stock option program in force, namely the Stock Option Program 2021. All valid option rights granted to recipients under the Stock Option Program 2021 have been designated with the identifier 2021A2 ('Option Rights 2021A2'), and no other option rights with different identifiers under the Stock Option Program 2021 remain in force. Each Option Right 2021A2 entitles its holder to subscribe for one new share in the Company. Before the combination of shares, there were 7,300,000 Option Rights 2021A2 in force, and under their terms the subscription price for new shares in the Company with the Option Rights 2021A2 was EUR 0.0298 per share. The subscription period for the Option Rights 2021A2 commences on 1 January 2026 and ends on 31 December 2026. On 15 August 2025, the Board of Directors of the Company resolved to amend the terms of the Option Rights 2021A2 granted under the Stock Option Program 2021 so as to take into account the combination of shares as follows: the Option Rights 2021A2 may be used to subscribe for a maximum of 29,200 new shares in the Company; and the subscription price for the new shares in the Company to be subscribed for with the Option Rights 2021A2 shall be EUR 7.45 per share. The Board of Directors of the Company resolved that the other option rights under the Stock Option Program 2021 (2021A1, 2021B1, 2021B2 and 2021C1) have lapsed. DIGITALIST GROUP PLC Board of Directors For further information, please contact: CEO Magnus Leijonborg, tel. +46 76 315 8422, Chair of the Board: Esa Matikainen, tel. +358 40 506 0080, Distribution: Nasdaq Helsinki Ltd Main media Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
13 hours ago
- Business Upturn
LEADING EDGE MATERIALS ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT
By GlobeNewswire Published on August 16, 2025, 02:30 IST LEADING EDGE MATERIALS ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT 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, August 15, 2025 – Leading Edge Materials Corp. ('Leading Edge Materials' or the 'Company') (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) announces announce the closing of the non-brokered private placement financing (the 'Private Placement') previously announced on June 10, 2025. Pursuant to the Private Placement, the Company has issued 17,738,500 units (the 'Units') at a price of C$0.16 per Unit for aggregate gross proceeds of C$2,838,160. Each Unit consists 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'). Leading Edge Materials intends to use net proceeds for the Company's projects, located in Sweden and Romania and for general working capital and corporate purposes. A finder's fee of 6% was paid to arm's length third party on a portion of the Private Placement. The Private Placement is subject to final approval from the TSX Venture Exchange (the 'Exchange'). The securities issued pursuant to the Private Placement are subject to applicable statutory resale restrictions, including a hold period expiring on December 15, 2025, pursuant to applicable Canadian securities laws. Insiders of the Company purchased a total of 10,666,000 Units under the Private Placement which constitutes a 'related party transaction' as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ('MI 61-101'). The Company relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the fact that neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, exceeded 25% of the Company's market capitalization as determined in accordance with MI 61-101. Mr. Eric Krafft, a director of the Company, has subscribed for and acquired 10,666,000 Common Shares under the Private Placement. Prior to the Private Placement, Mr. Krafft beneficially owned and controlled 85,056,577 Common Shares and 22,852,173 warrants of the Company. Mr. Krafft is a Control Person (as defined by the policies of the Exchange), beneficially holding 95,722,577 common shares and 33,518,173 warrants of the Company, representing approximately 38.30% of the issued and outstanding Common Shares on a non-diluted basis, and 48.28% on a partially diluted basis, assuming the exercise of warrants held by Mr. Krafft only. The Company obtained disinterested shareholder approval at the Annual General Meeting held on July 24, 2020 for Mr. Krafft to become a Control Person of the Company. Eric Krafft has acquired the Units for investment purposes and has a long-term view of his investment. In the future, Mr. Krafft may take such actions in respect of his investment in the Company as he may deem appropriate, depending on the market conditions and circumstances at that time. The foregoing disclosure regarding Mr. Krafft's holdings is being disseminated pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues (NI 62-103). A copy of Mr. Krafft's early warning report will appear on the Company's profile on SEDAR Plus. The information herein with respect to the number of Mr. Krafft's securities and his intention relating thereto are not within the knowledge of the Company and are provided by Mr. Krafft. The securities have not been, and will not be, registered under the U.S. Securities Act, or any United States state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable United States state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. This news release is not a prospectus under Regulation (EU) 2017/1129 (the 'EU Prospectus Regulation'). The Company has not authorized any offer of securities to the public (as defined in the EU Prospectus Regulation) in any EEA member state and no such prospectus has been or will be prepared in connection with the Private Placement. On behalf of the Board of Directors, Leading Edge Materials Corp. Kurt Budge, CEO For further information, please contact the Company at: [email protected] Follow usTwitter: Linkedin: About Leading Edge Materials Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw material projects located in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to high growth technologies such as lithium-ion batteries and permanent magnets for electric motors, wind turbines and defense applications. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), 100% owned Norra Kärr Heavy Rare Earth Elements project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania). Additional Information This information is information that Leading Edge Materials Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at August 15, 2025 at 2:30 PM Vancouver time. Leading Edge Materials is listed on the TSXV under the symbol 'LEM', OTCQB under the symbol 'LEMIF' and Nasdaq First North Stockholm under the symbol 'LEMSE'. Svensk Kapitalmarknadsgranskning ('SKMG') is the Company's Certified Adviser for the Nasdaq First North Growth Market (Stockholm) and may be contacted via email [email protected] or by phone +46 (0)8 913 008. Reader Advisory 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. This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking, including statements with respect to the closing of the Private Placement, the receipt of regulatory approvals, and the use of proceeds from the Private Placement. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, the Company's ability to close the Private Placement, the Company's ability to obtain the required regulatory approvals, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Important information for EEA Investors The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. 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. Any investment decision in connection with the Private Placement must be made on the basis of all publicly available information relating to the Company and the Company's shares/Units. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. This announcement does not purport to identify or suggest the risks (direct or indirect) which may be associated with an investment in the Company or the new shares/Units. This press release is not a prospectus for the purposes of the EU Prospectus Regulation. Leading Edge Materials has not authorized any offer to the public of Units, shares or rights in any member state of the EEA and no prospectus has been or will be prepared in connection with the Private Placement. In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, 'qualified investors' who are (i) persons having professional experience in matters relating to investments who fall within the definition of 'investment professionals' in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order'); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this document and should not act or rely on it. Attachment LEM – 2025 News Release Annoucing Closing of Financing-final Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
