Mr. Francis MacDonald reports

LIFT ANNOUNCES THE COMMENCEMENT OF OTCQX TRADING

Li-FT Power Ltd.'s common shares will begin trading on the OTCQX Best Market under the ticker symbol LIFFF, effective at the opening of trading on Thursday, Aug. 10, 2023. The OTCQX Best Market is the highest tier of OTC Markets, which operates markets on which 12,000 United States and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the company to U.S. investors.

Francis MacDonald, chief executive officer of Li-FT, commented: "We are delighted to announce Li-FT's graduation from the Pink Market to the OTCQX Market. This will allow greater access and visibility for the company as we advance our maiden 45,000-metre drill program at the Yellowknife lithium project in Northwest Territories in Canada. We continue to expand our presence within the U.S. investment community during an exciting time for the company; trading our shares on the OTCQX Market will facilitate further expansion and growth for Li-FT."

Li-FT is in the process of securing Depository Trust Company (DTC) eligibility for its common shares. DTC manages electronic clearing and settlement of publicly traded companies across the United States and in 131 other countries. Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades.

Li-FT's listing on the Canadian Securities Exchange and trading its shares on the OTCQX contribute to a growing awareness of the company and affords investors a lower-barrier access to trading.

About Li-FT Power Ltd.

Li-FT is a mineral exploration company engaged in the acquisition, exploration and development of lithium pegmatite projects located in Canada. The company's flagship project is the Yellowknife lithium project located in Northwest Territories, Canada. Li-FT also holds three early-stage exploration properties in Quebec, Canada, with excellent potential for the discovery of buried lithium pegmatites, as well as the Cali project in Northwest Territories within the Little Nahanni pegmatite field.

We seek Safe Harbor.