Mr. Shayne Taker
reports
LFNT ANNOUNCES UPDATE TO NON-BROKERED PRIVATE PLACEMENT
Further to its news release dated Aug. 7, 2026, LFNT Resources Corp. intends to close its
non-brokered private placement for gross proceeds of approximately $430,000 on
Oct. 23, 2026.
Pursuant to the offering, the company will issue approximately 2,866,667 units at a
price of 15 cents per unit. Each unit will consist of one common share of the company and one transferable common share purchase warrant. Each warrant will entitle
the holder to acquire one additional share at an exercise price of 40 cents per share for a period of 24
months from the closing date.
The company intends to use the net proceeds of the offering for general working capital purposes.
Completion of the offering remains subject to approval by the Canadian Securities Exchange.
We seek Safe Harbor.
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