Leading Edge Materials Raises Stake to 90% in Romanian JV

Deal Summary

Leading Edge Materials Corp. announced it has increased its ownership in the Bihor Sud Exploration Licence joint venture in Romania to 90% by amending its shareholders' agreement with REMAT Group Management SRL. The move reflects eight years of investment and positions LEM to fund further underground exploration at the Avram Iancu project. Deal terms and value were not disclosed.