Leading Edge Materials (LEM) has notable insider buying

Leading Edge Materials (V:LEM)

Updated Thursday Apr 13, 2017 02:05 AM EDT
David Blair Way, CEO and Director, acquired 100,000 Common Shares on a direct ownership basis at a price of $0.390 through an exercise of options on April 12th, 2017. This represents a $39,000 investment into the company's shares and an account share holdings change of greater than 100%.

Leading Edge Materials Corp, formerly Flinders Resources Ltd, is a junior exploration company. The Company is engaged in the operation of its Woxna Graphite Mine located in central Sweden. The Woxna Project is located over eight kilometers west-north-west of the town of Edsbyn, northwest of the city of Gavle in Central Sweden. The Woxna Project's property is the Kringelgruvan concession. Woxna Graphite AB, a subsidiary of the Company, owns approximately four mining concessions over graphite deposits (the Kringelgruven graphite deposit, Gropabo graphite deposit, Mattsmyra graphite deposit and Mansberg graphite deposit-the Woxna Project) located along approximately 40 kilometers trend in central Sweden. The Kringelgruvan deposit lies adjacent to the processing plant, tailings dam and related infrastructure. The Company's mineral leases have total measured and indicated mineral resources of approximately 7.7 metric tons.

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Issuer details as of Apr 13, 2017 2:05 ET

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