LIFT Closes Acquisition with SOQUEM for an Additional 25% Interest in the Galinée Property, Quebec

Core Viewpoint - Li-FT Power Ltd. has successfully acquired an additional 25% interest in the Galinée property, increasing its total ownership to 75% [1]. Group 1: Acquisition Details - The acquisition of the 25% interest from SOQUEM Inc. was completed as per the terms of the purchase agreement [2]. - The consideration for the acquisition consisted of 1,000,000 common shares of Li-FT Power Ltd., which are subject to a statutory hold period of four months and one day [2]. Group 2: Company Overview - Li-FT Power Ltd. is a mineral exploration company focused on 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 are believed to have significant potential for lithium discovery [3].