Mr. Francis MacDonald reports

LIFT RESUMES DRILLING AT THE YELLOWKNIFE LITHIUM PROJECT, NWT

Diamond drilling has resumed at Li-FT Power Ltd.'s Yellowknife lithium project. Drilling activities were suspended on Aug. 15, 2023, due to wildfire activity near the city of Yellowknife. Drilling has resumed with one drill rig at the Echo target and will scale up to six drill rigs by Sept. 16, 2023, which will continue into October. No damage to any samples, equipment or infrastructure has been sustained during the evacuation.

Francis MacDonald, chief executive officer of Li-FT, comments: "We are relieved that the threat from wildfires in the vicinity of Yellowknife has decreased, and that residents and industry have been welcomed back to the area. We would like to commend front-line responders, essential workers, and the indigenous, municipal, territorial and federal governments for their efforts to resolve this very challenging situation, and all residents who have been displaced for their tenacity and resilience during this difficult time. We are delighted to resume what has been a highly successful exploration program to date."

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 Northwest Territories within the Little Nahanni pegmatite field.

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