The Globe and Mail reports in its Tuesday, May 9, edition that Canaccord Genuity analyst Katie Lachapelle rates Li-FT Power "speculative buy" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Ms. Lachapelle targets the shares at $13. The Globe notes that on Monday Ms. Lachapelle became the first analyst on the Street to start coverage on the company. She acknowledges that Li-FT Power's flagship Yellowknife project is in its early stages. However, she calls the project "one of the most exciting lithium exploration land packages in Canada, the scale of which we expect to be better defined over the next 12 months."