Announcement • Apr 01
Li-FT Power Ltd Commences 2026 Environmental Baseline Data Collection Program at Yellowknife Lithium Project Li-FT Power Ltd. announced the launch of the 2026 Environmental Baseline Data Collection Program, representing the next phase of environmental studies at the Yellowknife Lithium Project. The 2026 program will expand the geographic extent of baseline data collection activities conducted to date, focusing on the Big-Nite pegmatite cluster. This work will continue to support ongoing project planning and future permitting activities, including Environmental Assessment. The 2026 program represents the continuation of multi-year baseline studies that are used to understand current environmental, cultural, and socioeconomic conditions in the area. The Program will include local and regional baseline data collection activities and will focus on areas immediately adjacent to known pegmatite dykes where Project infrastructure may be present in the future. Lakes and streams that are immediately up- and down-stream of potential future infrastructure will also be included in the program, along with areas that are up- and downwind of potential future Project activities. The Program will build on previous work in the area and will include aquatic, atmospheric, terrestrial, and human environment components and will employ approaches rooted in the scientific method and Indigenous Knowledge. Li-FT Power Ltd. is working closely with local Indigenous communities and regulatory authorities to develop and execute the baseline data collection programs for the Project. Community engagement sessions specific to baseline data collection programs were held in 2024 and 2025, with additional sessions planned for 2026. The Program will be managed by Det’on Cho Environmental, which is owned by the Yellowknives Dene First Nation and prioritises Indigenous employment. Aquatics Program: The program includes bathymetry, hydrology, hydrogeology, and water quality surveys as well as fish, fish habitat, and aquatic life surveys. The program began on April 5th with under-ice water quality sampling, fish habitat surveys, and winter hydrological surveys. The aquatics program will continue on an approximately monthly basis until the end of September or beginning of October, when freeze-up is likely to occur. Atmospherics Program: The program includes air quality, noise, vibration, light, and meteorological components to establish ambient conditions in and around the Project area. The atmospheric data collection program will begin in late spring/early summer will continue year-round going forward. Terrestrial Program: The program includes vegetation, soils and terrain, permafrost, host rock geochemistry, and wildlife components. Soils and vegetation field programs will occur in the summer (July-September) and will be used to verify models built from geological maps and remote sensing data. The host rock geochemistry program will build upon initial work completed in previous years and will include static and kinetic testing of host rock. The wildlife program will include acoustic data collection, t, and the continuation of camera trapping, which commenced in the autumn of 2023. Human Environment Program: The 2026 program will build on archaeological studies, Indigenous resource use, and Indigenous knowledge studies completed previously. and will focus on heritage resources and land and resource use components. Announcement • Mar 17
Li-FT Power Ltd., Annual General Meeting, May 15, 2026 Li-FT Power Ltd., Annual General Meeting, May 15, 2026. Announcement • Mar 10
Li-FT Power Ltd. (TSXV:LIFT) completed the acquisition of 75% stake in Galinée property from SOQUEM Inc. and Azimut Exploration Inc. (TSXV:AZM). Li-FT Power Ltd. (TSXV:LIFT) signed a non-binding letter of intent to acquire 75% stake in Galinée property from SOQUEM Inc. and Azimut Exploration Inc. (TSXV:AZM) for CAD 16.6 million on December 14, 2025. Li-FT Power Ltd. entered into a definitive project acquisition agreement to acquire 50% stake in Galinée property from Azimut Exploration Inc. on December 23, 2025. Li-FT Power Ltd. entered into a definitive purchase agreement to acquire 25% stake in Galinée property from SOQUEM Inc. As part of consideration, an upfront consideration of 2 million common equity will be issued of Li-FT Power Ltd and a 1.4% net smelter return royalty and a deferred cash consideration of CAD1.5 million will be paid against 50% stake of Azimut Exploration Inc, and an upfront consideration of 1 million common equity will be issued of Li-FT Power Ltd against 25% stake in SOQUEM Inc. The remaining interest in the Galinée Property currently being held by SOQUEM. In a related transaction, Li-FT Power Ltd. signed a binding scheme implementation deed to acquire Winsome Resources Limited (ASX:WR1) for approximately AUD 140 million and is subject to completion of the Galinée Transaction.
The Galinée Transaction have the support of Li-FT's strategic shareholder, Avenir Minerals Limited, which has extensive permitting, operating, and construction expertise in Québec. Completion of the Galinée Transaction remains subject to execution of such definitive documentation, receipt of TSX Venture Exchange’s approval of the issuance, and listing of the Closing Date Consideration Shares and various other closing conditions that are considered customary. As of February 18, 2026 , Li-FT power has completed the acquisition of 50% interest in the Galinée property from Azimut Exploration. The SOQUEM Transaction is subject to the receipt of TSX Venture Exchange approval and the satisfaction of other customary closing conditions. The transaction is expected to complete on or before February 28, 2026.
Alan Hutchiso of Osler, Hoskin & Harcourt LLP acted as legal advisor for Li-FT Power Ltd.
Li-FT Power Ltd. (TSXV:LIFT) completed the acquisition of 75% stake in Galinée property from SOQUEM Inc. and Azimut Exploration Inc. (TSXV:AZM) on March 9, 2026.