Li-FT Power

VANCOUVER, BC / ACCESSWIRE / October 23, 2024 / Li-FT Power Ltd. ("LIFT" or the "Company") (TSXV:LIFT)(OTCQX:LIFFF)(Frankfurt:WS0) is pleased to announce a non-brokered private placement consisting of (i) 2,694,895 common shares of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (each, a "Flow-Through Share") at a price of $5.6575 and (ii) 1,645,000 common shares of the Company (each, a "Hard Dollar Share") at a price of $3.65 per Hard Dollar Share for aggregate gross proceeds of approximately $21,250,618 (the "Offering"). » Mehr auf accesswire.com

Highlights: The maiden resource estimate at the Yellowknife Lithium Project represents the 3rd largest hard-rock maiden resource estimate in Canada and the 10th largest hosted in the Western Hemisphere. 6 of the 8 spodumene dykes included in the maiden resource estimate have unconstrained mineralization, providing significant opportunity for growth. » Mehr auf accesswire.com

VANCOUVER, British Columbia, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to report results from the metallurgical sampling program completed in 2023 and 2024 across eight spodumene deposits within the Yellowknife Lithium Project, Northwest Territories, Canada. Metallurgical test work comprised of heavy liquid separation (HLS) testing, dense media separation (DMS) testing, and batch flotation testing was executed by SGS Canada Inc. (“SGS”) in Lakefield, Ontario. Testing was completed on samples from the Big East (BigE), Big West (BigW), Nite, Ki, Echo, Fi Main (FiM), Fi Southwest (FiSW), and Hi pegmatites. » Mehr auf globenewswire.com