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LIFT Closes Acquisition with SOQUEM for an Additional 25% Interest in the Galinée Property, Quebec

VANCOUVER, British Columbia, March 09, 2026 (GLOBE NEWSWIRE) — Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce further to its December 15, 2025 and February 24, 2026 press releases that it has closed its acquisition of an additional 25% interest in the exclusive exploration rights commonly known […]

Mar 09, 2026 &03070909202631; 07:07 UTC financialpost.com Trending 2/5

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Positive for markets

Sentiment score: +65/100

Moderate impact Medium-term (weeks)

WHAT THIS MEANS

Li-FT Power Ltd. has successfully closed its acquisition of an additional 25% interest in the Galinée Property in Quebec from SOQUEM, increasing its stake in this lithium exploration asset. This strategic move strengthens LIFT's position in critical mineral exploration during a period of elevated demand for battery metals.

AI CONFIDENCE

75% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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LIFT

LIFTStock

Expected to rise

Increased ownership stake in Galinée lithium property enhances asset base and exploration potential

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LIFFF

LIFFFStock

Expected to rise

OTC equivalent benefits from same positive acquisition news and expanded Quebec lithium holdings

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WS0

WS0Stock

Expected to rise

Frankfurt-listed shares benefit from strategic property acquisition in high-demand lithium jurisdiction

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LIT

LITIndex

Expected to rise

Global lithium ETF may see positive sentiment from increased exploration activity in Quebec

PRICE HISTORY

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⚡ SUGGESTED ACTION

Consider accumulating LIFT/LIFFF positions on any weakness, as increased Galinée property ownership positions the company favorably for lithium discoveries. Monitor exploration results and funding announcements for catalysts over the next 12-24 months.

KEY SIGNALS

Strategic acquisition increases lithium exploration exposureQuebec jurisdiction provides regulatory stability and infrastructure25% additional stake demonstrates confidence in property potentialTiming aligns with strong EV battery demand cycle

SECTORS INVOLVED

Mining & MetalsEnergy TransitionBattery MaterialsCritical Minerals

Analysis generated on Mar 09, 2026 at 14:46 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Financial Post. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

LIFT Closes Acquisition with SOQUEM for an Additional 25% Interest in the Galinée Property, Quebec

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