Leading Edge Materials Engages European Lithium Ion Battery Experts
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 27, 2016) - Leading Edge Materials Corp. ("Leading Edge Materials") or ("the Company") (TSX VENTURE:LEM)(OTCQB:LEMIF) is pleased announce that Taranis GmbH ("Taranis"), a German consulting firm with extensive experience in the production of lithium ion batteries, has been retained to provide strategic advisory services to the Company.
Taranis will support Leading Edge Materials in the development of a work program to accelerate commercialization of Woxna graphite concentrates for the European lithium ion battery market. Taranis bring a team experienced in lithium ion battery research and production to assist with engagement with end users in the European Union.
Blair Way, President and CEO, stated "this agreement provides Leading Edge Materials with critical technical expertise and access to a deep network within the European lithium ion battery market.".
Taranis GmbH is represented by Mr. Frits Obers and Mr. Stefan Theuerkauf. Mr. Obers was previously Managing Director of GAIA Akkumulatorenwerke GmbH ("GAIA"), one of the first battery cell producers in the European Union. During his 5-year tenure, Mr Obers was responsible for overseeing lithium ion battery projects for the automotive, shipping, military and aerospace industries. Prior to joining GAIA, Mr. Obers was a partner of an international consulting firm.
Prior to Taranis GmbH, Mr Theuerkauf was head of product and process development, and process engineering at GAIA for 12 years. In this position, he headed up multi-disciplinary development teams which designed and built complex battery systems for both mobility and stationary storage. Projects completed by Mr Theuerkauf include hybrid racing car, electric vehicles, backup storage systems, military submarines, rockets, and a solar powered ship.
On behalf of the Board,
Blair Way, President & CEO
The qualified person as defined in National Instrument 43-101 for the Woxna project, Blair Way, President and Chief Executive Officer and a director of the Company, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this release.
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