Leading Edge Materials Corp. announced preliminary Live Cycle Assessment (“LCA”) results for its Woxna Graphite anode project. The LCA results show that the production of 1 tonne of natural graphite anode material (coated spherical purified graphite (“CSPG”)) from natural graphite extracted at the Woxna Graphite mine is forecast to have an impact of 1.8 tonnes CO2 eq. Minviro applied the same methodology in the report to evaluate current Chinese natural and synthetic graphite anode material, with Woxna CSPG demonstrating an 85% to 90% lower impact than the current market dominant Chinese alternatives. A significant factor influencing the dramatically reduced carbon footprint for Woxna Graphite is the access to hydropower as the main electricity source. It is worth noting that 62.5% of the 1.8 tonnes CO2 eq. for Woxna Graphite was due to the inherited carbon footprint from production of argon and nitrogen gases used in the processes. The Company has been in contact with a local supplier of these gasses which offer climate neutral alternatives. This offers a future potential to further minimize the carbon footprint of Woxna Graphite compared with current existing suppliers when these lower impact alternatives can be incorporated. The LCA study will now be sent out for external review to an independent panel of experts after which final results will be confirmed. The Company wishes to point out that the preliminary results above might change in either direction after the independent panel has finalized their review. Once the report is finalized the Company will make the report available for any interested parties, especially interested potential customers that have a clear strategy to minimize carbon footprint along their value chains. Minviro based their work on inputs and outputs generated from the previously announced Preliminary Economic Assessment study (“PEA”) on the Woxna Graphite project. The goal of the LCA was to quantify environmental impacts addressed through different impact categories for the production of coated spherical purified graphite (“CSPG”) produced from natural graphite extracted at the Woxna Graphite mine. The LCA study was conducted according to the requirements of the ISO-104040:2006 and ISO-14044:2006 standards and used a cradle-to-gate approach.