Mr. Francis MacDonald reports

LIFT CLOSES ACQUISITION WITH SOQUEM FOR AN ADDITIONAL 25% INTEREST IN THE GALINEE PROPERTY, QUEBEC

Further to its Dec. 15, 2025, and Feb. 24, 2026, press releases, Li-FT Power Ltd. has closed its acquisition of an additional 25-per-cent interest in the exclusive exploration rights commonly known as the Galinee property from Soquem Inc. Following closing, Li-FT now holds a 75-per-cent interest in the Galinee property, with the remaining 25-per-cent interest continuing to be held by Soquem. Li-FT is the operator of the Galinee property under joint venture with Soquem.

Under the terms of the purchase agreement with Soquem, consideration for Soquem's 25-per-cent interest in the Galinee property consisted of one million common shares in the capital of the company. The common shares issued pursuant to the Soquem agreement are subject to a statutory hold period of four months and one day in accordance with applicable Canadian securities laws.

About Li-FT Power Ltd.

Li-FT Power 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. Li-FT Power 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.

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