Leading Edge Materials Corp. reported audited consolidated earnings results for the year ended October 31, 2017. For the period the company reported net loss of CAD 2,920,028 compared to a loss of CAD 3,454,894 during the year ended October 31, 2016 a decrease in loss of CAD 534,866. The decreased loss is primarily attributed to the recognition of share-based compensation of CAD 1,505,250 in fiscal 2016, compared to CAD nil in fiscal 2017, on the granting and vesting of share options. Loss of CAD 0.03 per basic and diluted share compared to CAD 0.07 per basic and diluted share a year ago.