LIFT Signs Definitive Purchase Agreement with SOQUEM for a 25% Interest in the Galinée Property, Quebec

Core Viewpoint - Li-FT Power Ltd. has entered into a definitive purchase agreement with SOQUEM Inc. to acquire an additional 25% interest in the Galinée property, increasing its total interest to 75% [1][2] Group 1: Acquisition Details - The purchase agreement involves the issuance of 1,000,000 common shares to SOQUEM for the 25% interest in the Galinée Property [2] - The transaction is subject to approval from the TSX Venture Exchange and other customary closing conditions [2] Group 2: Company Overview - Li-FT Power Ltd. is focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project in Northwest Territories [3] - The company also holds three early-stage exploration properties in Quebec and the Cali Project in Northwest Territories, which have potential for lithium pegmatite discoveries [3]