Subject: LFNT Resources Corp. // For Immediate Release
PDF Document
File: Attachment LFNT_NR_20261104_SkyfireAmendment.pdf
LFNT RESOURCES ANNOUNCES AMENDMENT TO
SKYFIRE PROPERTY OPTION AGREEMENT AND RESIGNATION OF A DIRECTOR
Vancouver, British Columbia November 4, 2026 LFNT Resources Corp. (CSE: LFNT) ("LFNT" or the
"Company"), announces that it has entered into an amending agreement dated October 27, 2026
(the "Amending Agreement") in respect of the Company's option to acquire a 100% 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
August 19, 2022, by twenty-four (24) months from their respective original due dates.
Except as expressly amended, all other terms and conditions of the original option agreement remain
unchanged, including the Company's right to earn a 100% 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 the approval by the Canadian
Securities Exchange.
The Company also announces that Kirby Renton resigned as a director of the Company, effective
October 30, 2026.
The Company thanks Mr. Renton for his contributions and service and wishes him well in his future
endeavors.
ON BEHALF OF THE BOARD OF DIRECTORS,
LFNT RESOURCES CORP.
Shayne Taker
Chief Executive Officer
Tel: +1 236-485-1435
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility
for the adequacy or accuracy of this release.
About LFNT Resources Corp.
LFNT Resources Corp. 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 ha Skyfire Property is
nestled between Williams Lake and 100 Mile House. LFNT is publicly listed on the Canadian Securities
Exchange (CSE) under trading symbol "LFNT".
Forward-Looking Information
This news release contains certain forward-looking statements and forward-looking information
within the meaning of applicable Canadian securities legislation (collectively, "forward-looking
statements"). Forward-looking statements in this news release include, but are not limited to,
statements relating to the Company's ability to satisfy the amended terms of the option agreement,
the timing and completion of exploration expenditures, future share issuances and cash payments,
the extension of time-based commitments under the option agreement, the Company's ability to
earn a 100% interest in the Skyfire Property, and the receipt of required regulatory approvals.
Forward-looking statements are based on management's reasonable assumptions, expectations,
estimates, and projections as of the date of this news release and are subject to a number of known
and unknown risks, uncertainties, and other factors that may cause actual results or events to differ
materially from those expressed or implied by such forward-looking statements. These risks and
uncertainties include, but are not limited to, the Company's ability to obtain regulatory approvals,
access to financing, changes in commodity prices, exploration and development risks, general
economic conditions, and other risks disclosed in the Company's public disclosure documents
available under its profile on SEDAR+.
There can be no assurance that the assumptions underlying the forward-looking information will
prove to be correct. Readers should not place undue reliance on forward-looking information. The
forward-looking information is made as of the date of this news release. The Company undertakes
no obligation to update or revise any forward-looking information except as required by applicable
securities laws.
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Word Document
File: '\\swfile\EmailIn\20261104 131532 Attachment LFNT_NR_20261104_SkyfireAmendment.docx'
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LFNT RESOURCES ANNOUNCES AMENDMENT TO
SKYFIRE PROPERTY OPTION AGREEMENT AND RESIGNATION OF A DIRECTOR
Vancouver, British Columbia - November 4, 2026 - LFNT Resources Corp. (CSE: LFNT) ("LFNT" or the "Company"), announces that it has entered into an amending agreement dated October 27, 2026 (the "Amending Agreement") in respect of the Company's option to acquire a 100% 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 August 19, 2022, by twenty-four (24) months from their respective original due dates.
Except as expressly amended, all other terms and conditions of the original option agreement remain unchanged, including the Company's right to earn a 100% 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 the approval by the Canadian Securities Exchange.
The Company also announces that Kirby Renton resigned as a director of the Company, effective October 30, 2026.
The Company thanks Mr. Renton for his contributions and service and wishes him well in his future endeavors.
ON BEHALF OF THE BOARD OF DIRECTORS,
LFNT RESOURCES CORP.
Shayne Taker
Chief Executive Officer
Tel: +1 236-485-1435
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
About LFNT Resources Corp.
LFNT Resources Corp. 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 ha Skyfire Property is nestled between Williams Lake and 100 Mile House. LFNT is publicly listed on the Canadian Securities Exchange (CSE) under trading symbol "LFNT".
Forward-Looking Information
This news release contains certain forward-looking statements and forward-looking information within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Forward-looking statements in this news release include, but are not limited to, statements relating to the Company's ability to satisfy the amended terms of the option agreement, the timing and completion of exploration expenditures, future share issuances and cash payments, the extension of time-based commitments under the option agreement, the Company's ability to earn a 100% interest in the Skyfire Property, and the receipt of required regulatory approvals.
Forward-looking statements are based on management's reasonable assumptions, expectations, estimates, and projections as of the date of this news release and are subject to a number of known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's ability to obtain regulatory approvals, access to financing, changes in commodity prices, exploration and development risks, general economic conditions, and other risks disclosed in the Company's public disclosure documents available under its profile on SEDAR+.
There can be no assurance that the assumptions underlying the forward-looking information will prove to be correct. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information except as required by applicable securities laws.
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