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2026-11-06

← LFT management

Full background report

Francis MacDonald

President / Chief Executive Officer / Director

Career chronology

  • Current as of 2026-09-26; exact start date not supplied: Li-FT Power Ltd. — President / Chief Executive Officer / Director. Notice and Management Information Circular 2025 (Directors’ report / current executive roster)

  • Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure — co-founded Kenorland Minerals; prior Newmont greenfield exploration in Nunavut, West Africa and East Africa. Management (Management biography)

  • Approximately eight years, ending before return to Canada in 2016: Newmont Mining Corporation — Greenfields exploration geologist. Li-FT Power CEO Francis MacDonald on Preparing to Drill 60,000 Meters (interview; career chronology)

  • 2016–October 2022: Kenorland Minerals Ltd. — Co-founder; EVP Exploration (Jan 2021–Feb 2022); President (Feb–Oct 2022). Notice and Management Information Circular 2025 (Francis MacDonald principal occupation and biography)

Education and qualifications

Education and professional credentials

Not dated · issuer reported · low materiality

exploration geologist. Credentials are reported in the cited issuer or secondary biography; the issuing institutions were not independently queried in this pass.

Attribution: Individual involvement documented. The cited biography names the qualification; independent verification of award records was not available.

Relevance: Relevant professional preparation for the current position.

Management (Management biography)

Contributions and company outcomes

Company-level project and delivery record

Most recent report through cutoff · issuer reported · low materiality

Li-FT continued advancing its lithium exploration portfolio and announced a two-year option over the Renard mine; on 5 October 2026 the final MRNF condition was satisfied and the C$12 million option fee was released to creditors. Li-FT has not acquired Renard: exercise remains optional, and a definitive acquisition agreement, court approval and other regulatory approvals would be required. If it exercises, Li-FT would assume closure/remediation responsibilities and about C$18 million annual care-and-maintenance costs during the option period. These are company-level developments, not personal achievements.

Attribution: Role overlaps event; causation unproven. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution.

Relevance: Provides the company outcome against which the executive’s delivery record should be assessed.

Notice and Management Information Circular 2025 (directors’ report / operating update); Release Conditions for Renard Option Satisfied (release; option status and conditions, Oct. 5, 2026)

Suitability for the current role

Professional fit for President / Chief Executive Officer / Director

Current role as of cutoff · analyst inference · medium materiality

Role fit is an analytical inference from the documented position and the listed experience. The current role aligns with the function stated in the title; demonstrated personal outcomes are not inferred from employer results.

Attribution: Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation.

Relevance: Assesses documented capability against the current role and company stage.

Notice and Management Information Circular 2025 (Current executive roster); Management (Management biography); Notice and Management Information Circular 2025 (Directors’ report / current executive roster); Li-FT Power CEO Francis MacDonald on Preparing to Drill 60,000 Meters (interview; career chronology); Notice and Management Information Circular 2025 (Francis MacDonald principal occupation and biography)