Li-FT Power

Primary ticker: TSXV:LIFT, OCTQX:LIFFF, FRA:WS0
Stage of development: Exploration
Primary minerals:Lithium
Project to promote: Yellowknife Lithium Project
Project location: Canada
Website: www.li-ft.com
Corporate presentation: Click here

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. The Yellowknife Lithium Project is comprised of mineral leases that cover the majority of the lithium pegmatites that make up the Yellowknife Pegmatite Province. Numerous spodumene-bearing pegmatites with strike lengths up to 1,800 m and widths up to 30 m outcrop within the Project are prominent enough to be easily visible from satellite imagery.

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 Group.

Cash: CAD3M
Debt: NIL

Major shareholders:
Founders- 55%
Commodity Capital- 4.8%
Extract Capital- 0.8%
Tribeca Investment Partners- 0.8%
Management Ownership -3%

Financials

Management Profile

Daniel Gordon, Head of Investor Relations

Daniel has 15 years of investor relations experience within the resource space, having worked with exploration, development, and producing miners in the precious, base, and green metals sectors. His expertise spans across various stages of mining projects, making him a trusted advisor in the industry.

What is your rationale for taking part in 121 Mining Investment?

Equity interest and potential raise coming up

What recent news would you like to highlight to investors attending?

Oct.1st- Mineral resource estimate release, September 23rd- Metallurgical testing results

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
MRE release

6 Months:
PEA release

12 Months:
further discovery on our two other projects in the portfolio

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Lithium market is currently at a bottom, oversupply of lithium in the market right now that is causing the price of lithium to collapse.

What do you think makes your company such a compelling investment?

We are one of the largest projects in the Americas, we have an excellent portfolio of assets, we have proven management team and our projects proximity to infrastructure makes us stand out in comparison to most of our peers.

What are the top 3 key investor takeaways?

The Yellowknife Lithium Project is the third largest initial resource estimate in Canada for hard rock lithium projects and 10th in the Western Hemisphere, Excellent access to infrastructure with a paved highway running through a portion of the project as well as access to rail and ports on the west coast and the Company has two additional projects with excellent discovery potential that are currently getting no value.