Li-FT

Canaccord Genuity Acted as Lead Underwriter and Sole-Bookrunner to Li-FT on its $48 Million Private Placement, Including Full Exercise of the Underwriters’ Option

In connection with the proposed acquisition of Winsome Resources Limited (“Winsome”) (ASX:WR1), Canaccord Genuity Corp. is pleased to announce that on January 29, 2026, its client, Li-FT Power Ltd. (“Li-FT” or the “Company”) (TSXV:LIFT) successfully closed its private placement consisting of (i) 3,876,000 flow-through subscription receipts of the Company (the “FT Subscription Receipts”) at a price of $6.88 per FT Subscription Receipt, (ii) 2,209,300 subscription receipts of the Company (the “Non-FT Subscription Receipts”) at a price of $4.30 per Non-FT Subscription Receipt, (iii) 775,200 flow-through shares of the Company (the “FT Shares”) at a price of $6.45 per FT Share and (iv) 1,627,800 common shares of the Company (the “Non-FT Shares”) at a price of $4.30 per Non-FT Share for aggregate gross proceeds of $48,166,450 (the “Offering”).

The gross proceeds from the Offering will be used to fund exploration and development activities at the Yellowknife Lithium Project, and the Adina-Galinée Project (conditional upon completion of the Winsome transaction).

Canaccord Genuity acted as lead underwriter and sole-bookrunner to Li-FT with respect to the Offering and, since 2022, has led ~$133 million in equity offerings for the Company.

Li-FT is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. Li-FT’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 Group.