Mr. Shayne Taker reports

LFNT ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

LFNT Resources Corp. intends to complete a non-brokered private placement of up to four million units of the company at a price of 15 cents per unit for aggregate gross proceeds of up to $600,000.

Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at an exercise price of 40 cents per warrant share for a period of 24 months from the closing date of the offering.

If, at any time following the date that is four months and one day after the applicable closing date, the closing price of the company's common shares on the Canadian Securities Exchange equals or exceeds 50 cents per share for 10 consecutive trading days, the company may accelerate the expiry date of the warrants by issuing a news release announcing that the warrants will expire 30 days following the date of such news release. Any warrants not exercised before the accelerated expiry date will expire and be of no further force or effect.

The company intends to use the net proceeds of the offering for general working capital purposes.

The offering may close in one or more tranches and remains subject to the approval of the Canadian Securities Exchange. The securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day from their respective dates of issuance in accordance with applicable securities laws.

The company may pay finders' fees in connection with the offering in cash, securities or a combination thereof, subject to compliance with applicable securities laws and the policies of the CSE. No insiders of the company are expected to participate in the offering.

We seek Safe Harbor.