22:23:28 EDT Mon 26 Oct 2026
Enter Symbol
or Name
USA
CA



LFNT Resources Corp
Symbol LFNT
Shares Issued 23,550,333
Close 2026-09-22 C$ 0.10
Market Cap C$ 2,355,033
Recent Sedar+ Documents

LFNT Resources closes $430,049 private placement

2026-10-26 17:51 ET - News Release

Subject: LFNT Resources Corp. // For Immediate Release Word Document

File: '\\swfile\EmailIn\20261026 144211 Attachment LFNT_NR_20261026_Closing_PP.docx'

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LFNT CLOSES NON-BROKERED PRIVATE PLACEMENT

Vancouver, British Columbia - October 26, 2026 - LFNT Resources Corp. (CSE: LFNT) ("LFNT" or the "Company"), is pleased to announce that further to its news releases dated August 7 and October 16, 2026, it has closed its non-brokered private placement of 2,867,000 units (each, a "Unit") at a price of $0.15 per Unit for gross proceeds of $430,049.95 (the "Offering").

Each Unit consists of one common share in the capital of the Company (a "Share") and one transferable common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional Share (a "Warrant Share") at an exercise price of $0.40 per Warrant Share for a period of 24 months from the date of closing. The Warrants are subject to an acceleration provision whereby, if the closing price of the Company's common shares on the Canadian Securities Exchange (the "CSE") equals or exceeds $0.50 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.

All securities issued in connection with the Offering are subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. The Offering remains subject to final approval by the CSE.

The securities issued pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

ON BEHALF OF THE BOARD OF DIRECTORS,

LFNT RESOURCES CORP.

Shayne Taker

Chief Executive Officer

Tel: +1 236-485-1435

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the exercise of Warrants; the receipt of required regulatory approvals, including final approval by the Canadian Securities Exchange; and the intended use of the net proceeds.

Forward-looking information is based on management's current expectations and assumptions, including that any required final regulatory approvals will be obtained and the net proceeds will be used as anticipated. Such information is subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied, including changes in market conditions, the risk that the Warrants may not be exercised, delays in obtaining or failure to obtain required final approvals, and changes in the Company's working capital requirements that may affect the use of proceeds.

There can be no assurance that the assumptions underlying the forward-looking information will prove to be correct. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information except as required by applicable securities laws.

PDF Document

File: Attachment LFNT_NR_20261026_Closing_PP.pdf

LFNT CLOSES NON-BROKERED PRIVATE PLACEMENT

Vancouver, British Columbia October 26, 2026 LFNT Resources Corp. (CSE: LFNT) ("LFNT" or the "Company"), is pleased to announce that further to its news releases dated August 7 and October 16, 2026, it has closed its non-brokered private placement of 2,867,000 units (each, a "Unit") at a price of $0.15 per Unit for gross proceeds of $430,049.95 (the "Offering").

Each Unit consists of one common share in the capital of the Company (a "Share") and one transferable common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional Share (a "Warrant Share") at an exercise price of $0.40 per Warrant Share for a period of 24 months from the date of closing. The Warrants are subject to an acceleration provision whereby, if the closing price of the Company's common shares on the Canadian Securities Exchange (the "CSE") equals or exceeds $0.50 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.

All securities issued in connection with the Offering are subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. The Offering remains subject to final approval by the CSE.

The securities issued pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

ON BEHALF OF THE BOARD OF DIRECTORS,

LFNT RESOURCES CORP.

Shayne Taker Chief Executive Officer Tel: +1 236-485-1435

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the exercise of Warrants; the receipt of required regulatory approvals, including final approval by the Canadian Securities Exchange; and the intended use of the net proceeds. Forward-looking information is based on management's current expectations and assumptions, including that any required final regulatory approvals will be obtained and the net proceeds will be used as anticipated. Such information is subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied, including changes in market conditions, the risk that the Warrants may not be exercised, delays in obtaining or failure to obtain required final approvals, and changes in the Company's working capital requirements that may affect the use of proceeds. There can be no assurance that the assumptions underlying the forward-looking information will prove to be correct. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information except as required by applicable securities laws.

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