Li-FT completes Yellowknife environmental baseline work

Executive Summary

• Li‑FT Power Ltd. completed the first full year of seasonal environmental baseline studies for its Yellowknife lithium project, a key step toward advanced permitting and mine‑planning activities.
• The study program, conducted with indigenous‑owned Det’on Cho Environmental, gathered extensive aquatic, atmospheric, terrestrial and human‑environment data across the project area.
• Li‑FT entered into a 30‑day media services contract with Freedom Financial Research LLC, paying $100,000 (U.S.) for marketing and digital communications support.

Key Details

• Baseline Study Scope: Covered bathymetry, hydrology, hydrogeology, water quality, fish habitat, noise, vibration, light, air quality, meteorology, vegetation, soils, permafrost, host‑rock geochemistry, wildlife, heritage resources, land use and indigenous knowledge integration.
• Field Program Timing: Aquatic, terrestrial and human‑environment surveys conducted monthly from April to September 2025; atmospheric noise/vibration/light surveys in late summer; air quality monitoring began summer‑2025 and will continue year‑round.
• Data Utilization: Baseline data will inform environmental assessment filings, mine‑planning, economic studies and ongoing regulatory engagement with Northwest Territories authorities and local indigenous communities.
• Indigenous Partnership: Program led by Det’on Cho Environmental (Yellowknives Dene First Nation) under Li‑FT direction, emphasizing integration of scientific methods with indigenous knowledge.
• Historical Context: Builds on data collected in 2023–2024 and extensive regional historical records; future studies will be refined collaboratively with communities and regulators.
• Management Quote: April Hayward, Chief Sustainability Officer, highlighted the milestone’s importance for responsible decision‑making and continued collaboration with indigenous partners.
• Marketing Services Agreement: Li‑FT contracted Freedom Financial Research LLC (FFR) for a 30‑day marketing services engagement covering social media management, content creation, distribution and digital marketing.
• Compensation: One‑time cash payment of $100,000 USD to FFR; no securities issued; parties are arm’s length with no ownership interest in Li‑FT.

Notable Quotes

“The safe and successful completion of our first full year of seasonal environmental baseline data collection is a significant achievement… This work will provide the foundation for informed, responsible decision making as we continue to advance the project through mine planning, economic studies and environmental assessment.” – April Hayward, Chief Sustainability Officer, Li‑FT Power Ltd.