Brief: Leading Edge Materials Says To Initiate Transition Of Swedish Unit Woxna Graphite AB Into Freestanding Co
28/05/2019 02:52
May 27 (Reuters) - Leading Edge Materials Corp LEM.V :
* LEADING EDGE MATERIALS FINALIZES STRATEGIC REVIEW AND
UPDATES
EXECUTION PATH FOR WOXNA GRAPHITE MINE
* BOARD HAS RESOLVED TO INITIATE TRANSITION OF ITS SWEDISH
SUBSIDIARY WOXNA GRAPHITE AB INTO A FREESTANDING COMPANY
* LEADING EDGE MATERIALS - TRANSITION PROCESS WILL BE
INITIATED
IMMEDIATELY
* BOARD IS NOW IDENTIFYING APPROPRIATE LEADERSHIP AND OTHER
RESOURCES REQUIRED TO ENABLE SWIFT PROGRESS
* BOARD WILL CONTINUE TO EXECUTE ON OTHER ASSETS WITHIN
COMPANY'S
PORTFOLIO IN NORDIC REGION AND ROMANIA
Source text for Eikon: ID:nCNWbcM96a
Further company coverage: LEM.V
((Reuters.Briefs@thomsonreuters.com;))
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