Brief: Leading Edge Materials Reports Q1 Results

Leading Edge Materials

28/03/2019 21:02

March 28 (Reuters) - Leading Edge Materials Corp  LEM.V :
    * LEADING EDGE MATERIALS CORP QTRLY LOSS PER SHARE $0.01
    * LEADING EDGE MATERIALS - MAINTAINS WOXNA GRAPHITE MINE ON
"PRODUCTION-READY" BASIS TO MINIMIZE COSTS
    * LEADING EDGE MATERIALS CORP - HAS NO SIGNIFICANT BUDGET
ALLOCATED FOR NORRA KÄRR OR BERGBY PROJECTS
    * LEADING EDGE - WILL NEED ADDITIONAL CAPITAL TO MAINTAIN
CURRENT
LEVELS OF RESEARCH AND DEVELOPMENT, RECOMMENCE OPERATIONS AT
WOXNA GRAPHITE MINE & UPGRADE PLANT
    * LEADING EDGE MATERIALS - NO ASSURANCE ADDITIONAL CAPITAL
WILL BE
AVAILABLE TO CO ON ACCEPTABLE TERMS OR AT ALL
    * LEADING EDGE MATERIALS - WHETHER CO CAN GENERATE POSITIVE
CASH
FLOW AND ACHIEVE PROFITABILITY IS UNCERTAIN
    * LEADING EDGE MATERIALS - UNCERTAINTIES CAST SIGNIFICANT
DOUBT
UPON CO'S ABILITY TO CONTINUE AS GOING CONCERN

Source text for Eikon:  ID:nCNW1MxFYa 
Further company coverage:  LEM.V 

 (Reuters.Briefs@thomsonreuters.com)