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Li-FT Power Ltd.

09:00 AM EST - Li-FT Power Ltd. : Announced that it has obtained a Type A Land Use Permit from the Mackenzie Valley Land and Water Board for its Cali project in Northwest Territories. The Land Use Permit will enable LIFT to expand its exploration activities in the Cali area and allows the Company to establish an exploration camp and fuel caches, conduct diamond and reverse circulation drilling, and construct & maintain winter access roads. This Permit will grant the Company adaptability to scale up its exploration efforts, adjusting its approach according to the findings and enhanced knowledge of the area. The Land Use Permit has a term of five years, which may be extended for an additional two years. Li-FT Power Ltd. shares V.LIFT are trading unchanged at $5.75.