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Li-FT Power (LIFFF) Stock News

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Li-FT Power Ltd. reports developments tied to its Canadian lithium pegmatite exploration portfolio, including drilling activity, project studies, property acquisitions, and corporate financing matters. The company’s flagship asset is the Yellowknife Lithium Project in the Northwest Territories, and its portfolio also includes the Cali Project in the Little Nahanni Pegmatite Group and early-stage exploration properties in Quebec.

Recurring updates for LIFFF include work programs at Yellowknife, downstream lithium carbonate converter planning, ownership changes at the Galinée Property, share-based consideration and royalties connected to mineral property agreements, management appointments, incentive grants, governance matters, and operating or financial results.

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Li-FT Power (TSXV: LIFT / OTCQX: LIFFF) launched its 2026 Environmental Baseline Data Collection Program at the Yellowknife Lithium Project on March 31, 2026. The multi-component program expands baseline studies around the Big-Nite pegmatite cluster to support project planning, impact assessment and future permitting.

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Li-FT Power (TSXV: LIFT; OTCQX: LIFFF) closed its acquisition of an additional 25% interest in the Galinée property from SOQUEM on March 9, 2026, bringing LIFT's ownership to 75%.

Consideration was 1,000,000 common shares subject to a four-month-and-one-day statutory hold period; SOQUEM retains the remaining 25% and LIFT is operator under a joint venture.

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Li-FT Power (TSXV: LIFT; OTCQX: LIFFF) has started a Scoping Study to develop a 30ktpa lithium carbonate converter integrated with its Yellowknife Lithium Project in Northwest Territories. The study includes a high-level site evaluation and partners with SCT, an experienced lithium chemicals engineering provider.

The Converter Project aims to process spodumene concentrate into battery-grade lithium carbonate to support a domestic Canadian lithium supply chain and growing North American battery demand.

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LIFT (OTCQX: LIFFF) appointed Jeff Reinson as Senior Vice President of Development, effective Feb 25, 2026. Reinson brings 25+ years of mining project, engineering and operations leadership from roles at Burgundy Diamond Mines, First Mining Gold, Goldcorp, Newmont and Rio Tinto.

The company granted 175,000 options exercisable at $7.20 (five-year term, staged vesting) and 15,000 RSUs vesting over three years. LIFT also retained Rose & Co. for investor relations at USD $50,000 quarterly starting Feb 23, 2026, subject to TSXV approval.

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Li-FT Power (TSXV: LIFT; OTCQX: LIFFF) signed a definitive purchase agreement dated February 23, 2026 to acquire an additional 25% interest in the Galinée property from SOQUEM, which would increase LIFT’s aggregate interest to 75%.

Consideration for SOQUEM’s 25% interest is 1,000,000 common shares, subject to a four-month-and-one-day statutory hold. The transaction remains subject to TSX Venture Exchange approval and customary closing conditions. LIFT will continue as operator under the joint venture with SOQUEM.

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Li-FT Power (TSXV: LIFT / OTCQX: LIFFF) closed its acquisition of a 50% interest in the Galinée property from Azimut in Québec, adjacent to the Adina lithium deposit owned by Winsome. Consideration included 2,000,000 common shares and a 1.4% NSR.

The Azimut agreement also includes deferred consideration of $1,500,000 payable in cash or shares at the earlier of an economic study completion or 18 months post-closing; shares issued are subject to a four-month-and-one-day statutory hold.

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LIFT (TSXV: LIFT, OTCQX: LIFFF) has started a 6,770m diamond drilling program at the BIG East spodumene pegmatite within the Yellowknife Lithium Project, Northwest Territories, on Feb 17, 2026. The program targets extensions of high-grade intercepts (e.g., 1.56% Li2O over 26m) to ~300m depth.

Results will feed a Preliminary Economic Assessment (PEA) expected in 2027; BIG East currently represents roughly one third of YLP's global resource tonnes.

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Li-FT Power (TSXV: LIFT / OTCQX: LIFFF) reported results from its 2025 Yellowknife Lithium Project program. Drilling included 18 holes (3,171 m) focused on resource delineation, geotechnical work and groundwater wells. Key intercept: 1.56% Li2O over 26 m from groundwater well YLP-0295 within the Shorty pegmatite corridor. Other notable assays: 1.24% Li2O over 13 m in YLP-0290 and a 1 m sample of 0.62% Li2O in YLP-0303; several deep holes returned negligible assays. Shorty corridor mapped at least 1.4 km long and up to 100 m wide. Company also granted 2,065,000 stock options, 87,300 RSUs and 7,889 DSUs at C$7.50.

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Li-FT Power (TSXV:LIFT; OTCQX:LIFFF) signed a definitive project acquisition agreement with Azimut to acquire Azimut’s 50% interest in the Galinée property, subject to customary closing conditions and TSX Venture approval for share issuance.

Consideration includes 2,000,000 Li-FT common shares at closing, a 1.4% NSR on Galinée, and $1,500,000 deferred payable in cash or Li-FT shares upon completion of an economic study or 18 months, whichever is earlier.

Galinée highlights: wide, high-grade lithium pegmatites, multiple prospects, new spodumene-bearing boulders from recent till sampling, and proximity to Winsome’s Adina deposit.

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Li-FT Power (TSXV: LIFT / OTCQX: LIFFF) reported results from a summer 2025 indicator-mineral study at the Nottaway Lithium Project in Eeyou Istchee, Quebec. ODM processed 49 till samples and identified a 1 x 3 km area of elevated spodumene grain counts in tills, including five samples >200 grains and a top result totaling approximately 2,000 spodumene grains (800 dense + ~1,200 mid-density).

The dataset shows a clear up-ice cutoff and an associated sample of ~400 grains nearby, supporting a proximal up-ice source and indicating potential concealed spodumene-bearing pegmatites beneath till cover. The program targeted areas with very limited outcrop.

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FAQ

What is the current stock price of Li-FT Power (LIFFF)?

The current stock price of Li-FT Power (LIFFF) is $2.082 as of August 21, 2026.

What is the market cap of Li-FT Power (LIFFF)?

The market cap of Li-FT Power (LIFFF) is approximately 197.1M.