Mr. Shayne Taker reports
LFNT RESOURCES ANNOUNCES AMENDMENT TO
SKYFIRE PROPERTY OPTION AGREEMENT
LFNT Resources Corp. has entered into an amending agreement dated Dec. 19, 2025, in respect of the company's option to acquire a 100-per-cent interest in the Skyfire property, located in the Cariboo mining district of British Columbia.
Pursuant to the amending agreement and in consideration of a cash payment of $32,000 and the issuance of an additional 200,000 common shares of the company to the optionors, the parties have agreed to extend all remaining exploration expenditure requirements, share issuance obligations, cash payment obligations and other time-based commitments under the original agreement dated Aug. 19, 2022, by 12 months from their respective original due dates.
Except as expressly amended, all other terms and conditions of the original option agreement remain unchanged and in full force and effect, including the company's right to earn a 100-per-cent interest in the Skyfire property, subject to an underlying net smelter return royalty.
The common shares to be issued pursuant to the amending agreement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws.
The issuance of the additional common shares remains subject to acceptance by the Canadian Securities Exchange and applicable securities laws.
About LFNT Resources Corp.
LFNT Resources is a British Columbia-based mineral exploration company focused on the development of assets containing battery, base and precious metals. LFNT holds a land position in the heart of British Columbia's renowned Cariboo mining district. LFNT's 1,900-hectare Skyfire property is nestled between Williams Lake and 100 Mile House. LFNT is publicly listed on the Canadian Securities Exchange under the trading symbol LFNT.
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