LIFT To Acquire Shorty West Lithium Claim

18 July 2024

 

July 18, 2024 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce that it has entered into a mineral property purchase agreement dated July 17, 2024 with Infinity Stone Ventures Corp. (CSE: GEMS) to acquire the Shorty West Lithium mineral claim (the “Shorty West Claim”), which is adjacent to the Company’s Yellowknife Lithium Project. As consideration for the Shorty West Claim, the Company will issue 12,000 common shares, which will be subject to applicable resale restrictions under Canadian securities laws. The completion of the acquisition is subject to the approval of the TSX Venture Exchange. No finder’s fees are payable in connection with the acquisition.

About LIFT

LIFT is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. The Company’s flagship project is the Yellowknife Lithium Project located in Northwest Territories, Canada. LIFT also holds three early-stage exploration properties in Quebec, Canada with excellent potential for the discovery of buried lithium pegmatites, as well as the Cali Project in Northwest Territories within the Little Nahanni Pegmatite Group.