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LFNT Resources Corp
Symbol LFNT
Shares Issued 22,317,001
Close 2023-06-27 C$ 0.40
Market Cap C$ 8,926,800
Recent Sedar Documents

LFNT issues 2nd tranche of shares for Skyfire option

2023-08-21 16:23 ET - News Release

Mr. Shayne Taker reports

LFNT RESOURCES CORP. ANNOUNCES ISSUANCE OF A SECOND TRANCHE OF SHARES UNDER SKYFIRE PROPERTY OPTION AGREEMENT

Further to its news release dated May 3, 2023, LFNT Resources Corp. has made a second issuance of 100,000 common shares to two optionors pursuant to the binding letter agreement dated Aug. 19, 2022, for the option to purchase the Skyfire property, located in the Cariboo mining district in British Columbia.

The shares have been issued at a deemed price of 40 cents per share and are subject to a hold period expiring four months and one day from the date of issue.

After the issuance of the shares, the company has a total of 22,317,001 common shares issued and outstanding.

For more information about the Skyfire property and the binding letter agreement, please see the news release of the company dated May 3, 2023.

About LFNT Resources Corp.

LFNT Resources is a British Columbia based mineral exploration company focused on the development of assets containing battery metals, base metals and precious metals. LFNT holds an option in the heart of British Columbia's renowned Cariboo mining district on the 1,900-hectare Skyfire property, which is nestled between Williams Lake and 100 Mile House. Infrastructure and strong labour communities are within reach.

The company also has an option on the 9,759-hectare Sudbury project in the La Ronge region of Saskatchewan and may evaluate acquisitions of other mineral exploration assets and opportunities. LFNT's common shares are listed and trading on the Canadian Securities Exchange under trading symbol LFNT.

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