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2026-11-06
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Li-FT Power Ltd.

Scoping Study Developer · Lithium · Canada Rating locked: sign in to view v6.2
Last 2026-11-06
A$1.34
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$126.8M
EV
A$82.2M
Cash
C$18.8M
Debt
C$0

Funding, performance and ownership

Financials & Capital

As of 2026-06-30
Cash C$18.8M Unknown
Debt C$0 Net cash C$18.8M
Basic shares 94.7M 2026-08-12
Runway Unknown June 30 cash predates August proceeds and continuing Renard and drilling costs; no precise post-quarter cash burn disclosed.

Liquidity

Financial position

C$18.814m June cash, C$12m prepaid option fee in trust and C$23.0115m August gross raise; Renard care and maintenance is an additional potential C$18m first-year obligation.

Capital structure

Ownership and dilution

Ordinary shares
94.7M
Fully diluted
99M

86,720,017 at June 30 plus 7,935,000 issued August 12 = 94,655,017 common shares. Add 4,102,375 options and 238,787 units for conservative 98,996,179 fully diluted; some DSUs may cash settle and out-of-money options are included for conservatism.

Security classes5
ClassTypeQuantityStrikeExpiry
Common shares, including 1:1 ASX CDIsOrdinary Share94.7M——
Options after July lapses and July grantOption4.1M——
Restricted share units after July grants/lapsesPerformance Right109.8K——
Deferred share units; some cash-settleableOther54K——
Performance share unitsPerformance Right75K——

KPI history

Operating metrics

1 periods
Operating metric source table1
MetricProjectPeriodPeriod typeValueStatus
Free Cash FlowCompanysix months ended June 30, 2026Half Year-6,306,000 CAD operating cash flow onlyReported
Company guidance1
MetricProjectPeriodLowHighStatus
Expected First Concentrate (Company Target)adinacompany development roadmap2,0302,030 calendar yearCurrent

Capital history

Capital events

1 events · newest first
DateEventAmountSharesPriceStatusTerms
2026-08-12Ann. 2026-08-05RaisingCommon SharesC$23M7.9MC$2.9CompletedFull over-allotment exercised; 5% headline commission with selected lower-fee orders.Max 7.9M · Period 2026-08-04 to 2026-08-12 · Canaccord Genuity-led syndicate · Holder approval required

Contracts and ownership

Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.

Partial · as of 2026-09-26

Current June 2026 financial notes and Renard terms identify material disclosed interests; underlying vendor contracts and precise closure/care-cost terms were not accessible.

Exclusive conditional Renard acquisition right; no ownership yet and closure liability unquantified.

Other · Active
Counterparties
Stornoway Diamonds (Canada) Inc. · 11272420 Canada Inc. · Deloitte Restructuring Inc.
Applies to
Renard Mine Site Option · Adina Lithium Project · Lithium
Economic direction
Mixed
Period
2026-06-23 to 2028-06-23
Key terms
option fee paid: 12,000,000 CAD
first-year care and maintenance: 18,000,000 CAD
exercise price: 1 CAD
How it affects our valuation

No valuation treatment is available for this arrangement.

LIFT operates Galinée at 75%; SOQUEM retains 25% economic ownership.

Joint Venture · Active
Counterparties
SOQUEM Inc.
Applies to
Galinée Property · Lithium
Economic direction
Mixed
Period
From 2026-03-09; no end date stated
Key terms
LIFT interest: 75 %
SOQUEM interest: 25 %
How it affects our valuation

No valuation treatment is available for this arrangement.

Azimut retains a 1.4% net smelter return royalty on Galinée.

Royalty · Active
Counterparties
Azimut Exploration Inc.
Applies to
Galinée Property · Lithium
Economic direction
Burden
Period
From 2026-02-18; no end date stated
Key terms
net smelter return royalty: 1.4 %
How it affects our valuation

No valuation treatment is available for this arrangement.

Deferred cash or conditional share consideration separate from the Galinée royalty.

Other · Active
Counterparties
Azimut Exploration Inc.
Applies to
Galinée Property · Lithium
Economic direction
Burden
Period
From 2026-02-18; no end date stated
Key terms
deferred consideration: 1,500,000 CAD
How it affects our valuation

No valuation treatment is available for this arrangement.

Gross overriding royalty burdens core Yellowknife leases.

Royalty · Active
Counterparties
Original Yellowknife vendors
Applies to
Yellowknife Lithium Project · Lithium
Economic direction
Burden
Period
From 2022-12-30; no end date stated
Key terms
gross overriding royalty: 2 %
How it affects our valuation

No valuation treatment is available for this arrangement.

Net profits royalty applies to eleven Yellowknife leases.

Royalty · Active
Counterparties
Original Yellowknife vendors
Applies to
Yellowknife Lithium Project · Lithium
Economic direction
Burden
Period
From 2022-12-30; no end date stated
Key terms
net profits royalty: 2 %
How it affects our valuation

No valuation treatment is available for this arrangement.

Cali exploration project carries a 2% gross royalty.

Royalty · Active
Counterparties
Original Cali vendors
Applies to
Cali Project · Lithium
Economic direction
Burden
Period
From 2022-12-30; no end date stated
Key terms
gross overriding royalty: 2 %
How it affects our valuation

No valuation treatment is available for this arrangement.

Kenorland holds a 2% NSR on the remaining Rupert property.

Royalty · Active
Counterparties
Kenorland Minerals Ltd.
Applies to
Rupert Project · Lithium
Economic direction
Burden
Period
From 2022-02-02; no end date stated
Key terms
net smelter return royalty: 2 %
How it affects our valuation

No valuation treatment is available for this arrangement.

LIFT retains a 0.5% NSR on the 313 Rupert claims sold to Power Metallic.

Royalty · Active
Counterparties
Power Metallic Mines Inc.
Applies to
Rupert Project · Lithium
Economic direction
Benefit
Period
From 2025-07-14; no end date stated
Key terms
net smelter return royalty: 0.5 %
How it affects our valuation

No valuation treatment is available for this arrangement.