Information about the Lithium Yellowknife Project, NWT, Canada

Li-FT Power Ltd. (CSE: LIFT) (OTCQX: LIFFF) (FSE: WS0) (“LIFT” or the “Company”) provides an update on activities at the Liti Yellowknife Project (YLP), NWT: Due to forest fires in the Northwest Territories, LIFT is temporarily demobilizing staff, essential equipment, and the main drilling rig from the Hidden Lake Camp.

A small maintenance crew will remain at the camp during this time. LIFT’s Hidden Lake Camp is not considered immediately at risk; however, smoke conditions are hindering regular drilling operations, and anticipated winds will pose challenging conditions for firefighting teams in the coming days. LIFT is working with the Government of the Northwest Territories to support local firefighting efforts and has dispatched a helicopter to assist in the campaign.

Francis MacDonald, CEO, stated, “We are closely monitoring the wildfire situation and will resume normal operations as soon as possible. Our thoughts are with those who have been evacuated from their homes and communities and with the tireless firefighting teams working to protect the Northwest Territories.”

Introduction to LIFT

LIFT is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects in Canada. The Company’s flagship project is the Liti Yellowknife Project located in the Northwest Territories, Canada. LIFT also holds three early-stage exploration assets in Quebec, Canada, with significant potential for discovering buried lithium pegmatites, as well as the Cali Project within the Nahanni Pegmatite Field in the Northwest Territories.

Contact:

Francis MacDonald

Phone: +1.604.609.6185

Email: info@li-ft.com

Forward-Looking Information Statement

Some of the statements in this press release constitute forward-looking information or statements (collectively referred to as “forward-looking statements”), including those identified by the expressions “anticipate,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “should,” and similar expressions to the extent they relate to the Company or its management. Forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward-looking statements. These forward-looking statements are based on current expectations and various estimates, factors, and assumptions and involve known and unknown risks, uncertainties, and other factors, whether or not currently known.

Forward-looking statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Factors that could cause actual results to differ materially from those indicated by such forward-looking statements include the ability to continue to access capital and financing, as well as economic, market, or general business conditions, including the impact of COVID-19. Forward-looking statements in this press release are identified clearly as such statements. These statements should not be relied upon as guarantees of future performance or results. Such statements relate to risks that are known and unknown, uncertain, and other factors that may cause actual results, performance, or achievements to be materially different from what is implied in those statements. Although such statements are based on reasonable assumptions of the Company’s management, there can be no assurance that such statements will prove to be accurate or the expectations or estimates of the management about developments, circumstances, or results in the future will be realized. The Company disclaims any intention or obligation to update or revise any forward-looking information statement to reflect subsequent events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking information statement to reflect subsequent events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking information statement to reflect subsequent events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

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