Li-FT Files NI 43-101 Technical Report for the Yellowknife Lithium Project

January 13, 2023 7:00 AM EST | Source: Li-FT Power Ltd.

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2023) - Li-FT Power Ltd. (CSE: LIFT) (FSE: WS0) ("Li-FT" or the "Company") is pleased to report it has filed a technical report titled "NI 43-101 Technical Report on the Yellowknife Lithium Project, Northwest Territories, Canada" with an effective date of December 30, 2022 (the "Technical Report").

The Technical Report was prepared for the Yellowknife Lithium Project by Dr. Thomas Hawkins (P.Geo, PhD), an independent consultant and qualified person.

The Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects ("NI 43‐101"), and may be found at www.li-ft.com or under the Company's profile at www.sedar.com.

About Li-FT

Li-FT 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 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 Field.

For further information, please contact:

Francis MacDonald
Chief Executive Officer
Tel: Canada: +1.778.322.8705
Tel: Germany: +49.1522.1073741
Email: francis@li-ft.com
Website: www.li-ft.com

Cautionary Statement Regarding Forward-Looking Information

Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151235

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