Li-FT Power Ltd.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Leonard Francis MacDonald
- Full Time Employees
- 12
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 1218-1030 West Georgia Street Vancouver BC Canada V6E 2Y3
- IPO Date
- Jun 27, 2022
- Website
- li-ft.com
- Similar Companies
- Business
- Li-FT Power Ltd. is a mineral exploration company focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada; its flagship asset is the 100%-owned Yellowknife Lithium Project, comprising 13 mineral leases and one mineral claim covering 1,504.7 hectares in the Northwest Territories; the company also holds 100% interests in the DeStaffany, LDG, and Mackay Lithium Projects in the Northwest Territories, the Cali Project within the Little Nahanni Pegmatite Group, and three early-stage greenfield exploration properties—Rupert, Pontax, and Moyenne—in Quebec's James Bay region, targeting buried lithium pegmatites. Incorporated in 2021 and headquartered at 1218-1030 West Georgia Street, Vancouver, British Columbia, Li-FT Power operates exclusively in Canada, a mining-friendly jurisdiction, with a lean team of three employees led by President, CEO, and Director Leonard MacDonald; it trades on the TSX Venture Exchange under ticker LIFT.V, OTCQX as LIFFF, and Frankfurt as WS0. In recent developments, the company acquired the Shorty West Lithium mineral claim from Infinity Stone Ventures Corp. in July 2024, expanding its Yellowknife Lithium Project footprint adjacent to existing Shorty claims, pending TSX Venture Exchange approval with no finder's fees; it entered a definitive agreement with North Arrow Minerals Inc. on December 19, 2024, to acquire 100% interest in the DeStaffany, LDG, and Mackay projects via issuance of 250,000 common shares, closing the transaction in January 2025 to integrate additional pegmatite dykes into its Yellowknife area evaluation and resource growth efforts; Li-FT plans drilling on two projects in 2025 alongside ongoing environmental baseline data collection.
Company News
Release Conditions for Renard Option Satisfied
Li-FT Power Projects Featured in Canada Investment Summit Prospectus
LIFT Closes C$23 Million Public Offering
LIFT Announces C$20 Million Public Offering
LIFT Announces Key Executive Appointments for Next Phase of Development
LIFT Announces Commencement of Drilling at the Adina-Galinée Lithium Project, Québec
Court Approves Option to Acquire the Renard Mine Site
LIFT Reports Drill Results from Yellowknife Lithium Project, NWT
LIFT Files NI 43-101 Technical Report on the Adina-Galinée Lithium Project, Quebec, Canada
LIFT Intersects 26 m at 1.29% Li2O at its BIG East pegmatite, Yellowknife Lithium Project, NWT
LIFT Intersects 26 m at 1.29% Li2O at its BIG East pegmatite, Yellowknife Lithium Project, NWT
LIFT Provides Update on Timetable for Combination Transaction With Winsome Resources
LIFT Announces That Winsome Resources Securityholders Have Voted in Favour of the Proposed Combination Transaction
LIFT Commences 2026 Environmental Baseline Data Collection Program at the Yellowknife Lithium Project
LIFT Closes Acquisition with SOQUEM for an Additional 25% Interest in the Galinée Property, Quebec
LIFT Commences Lithium Carbonate Converter Scoping Study as Part of Integrated Downstream Strategy for the Yellowknife Lithium Project
LIFT Appoints Jeff Reinson as Senior Vice President of Development
LIFT Signs Definitive Purchase Agreement with SOQUEM for a 25% Interest in the Galinée Property, Quebec
THE Mining Investment Event Announces 2026 Issuers and Welcomes New and Returning Partners
Azimut complète la transaction sur la Propriété Galinée avec LiFT Power, région de la Baie-James, Québec