Mr. Francis MacDonald reports

LIFT UPDATES ON OPERATIONS AT THE YELLOWKNIFE LITHIUM PROJECT, NWT, CANADA

Li-FT Power Ltd. has provided an update of operations at the Yellowknife lithium project (YLP), Northwest Territories.

Due to forest fire activity in the Northwest Territories, Li-FT is temporarily demobilizing personnel, essential equipment and key drill core from Hidden Lake camp. A small maintenance crew will remain in camp at this time. Li-FT's Hidden Lake camp is not considered at immediate risk; however, smoky conditions are interfering with routine drilling operations and winds are expected to present challenging conditions for firefighting crews over the coming days. Li-FT is working with the government of the Northwest Territories to support local firefighting efforts and has released a helicopter to assist in the campaign.

Francis MacDonald, chief executive officer, stated: "We are monitoring the fire situation closely and will resume normal operations as soon as possible. Our thoughts are with the people who have been evacuated from their homes and communities and with the fire crews that are working tirelessly to protect the Northwest Territories."

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 the 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 the Northwest Territories within the Little Nahanni pegmatite field.

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