VANCOUVER, Jan. 19, 2018 /CNW/ - Leading Edge Materials Corp. ("Leading Edge Materials") or (the "Company") (TSXV:LEM) (OTCQB: LEMIF) is pleased to announce that the Company has been advised that the listing application has received final approval and that the common shares of Leading Edge Materials (the "LEM Common Shares") will commence trading on Nasdaq First North at the market opening on January 22, 2018. The LEM Common Shares will be trading on Nasdaq First North under the symbol "LEMSE". The Company's ISIN: CA52171T1003 remains unchanged. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "LEM".
A Company Description for Leading Edge Materials was prepared in connection with the application for admission of the LEM Common Shares to trade on Nasdaq First North. The Company Description has been approved by Nasdaq Stockholm AB, and is available on Leading Edge Material's website.
Blair Way, President and CEO, stated "The Company is very pleased to have completed this process and commence trading of our shares on Nasdaq First North. We look forward to working with the Swedish investment community to grow our business".
Nasdaq First North Stockholm is a logical choice for a dual listing of Leading Edge Materials, to both expand the Company's European profile and broaden the European shareholder base. With graphite, lithium, rare earth and cobalt assets located in the Nordic region, Leading Edge Materials can deliver a unique opportunity to European investors to take part in the high growth lithium ion battery market.
The potential for wider dissemination of corporate information, increased trading volume and higher exposure to prospective European customers were considered by Leading Edge Materials in the decision to dual list, which is anticipated to benefit both existing and new shareholders.
