LIFT Appoints Jeff Reinson as Senior Vice President of Development
LIFT APPOINTS JEFF REINSON AS SENIOR VICE PRESIDENT OF
DEVELOPMENT
February 25, 2026 – Vancouver, B.C., Li-FT Power Ltd. (“ LIFT” or the “ Company”) (TSXV: LIFT)
(OTCQX: LIFFF ) ( Frankfurt: WS0) is pleased to announce the appointment of Jeff Reinson, a
seasoned mining executive who brings over 25 years of project and engineering leadership
experience to the role of Senior Vice President of Development.
Mr. Reinson previously served as Vice President of Operations at Burgundy Diamond Mines,
where he oversaw the 24/7 operations of Ekati Diamond Mine. Prior to his tenure at Burgundy, he
was Chief Operating Officer at First Mining Gold Corp. Throughout his career, he has held senior
leadership and project director roles with internationally recognized mining companies, including
Goldcorp, Newmont, and Rio Tinto. Jeff holds a Master of Science (M.Sc.) and a Bachelor of
Science (B.Sc.) in Civil Engineering from the University of Saskatchewan.
In connection with the appointment of Mr. Reinson, the Company has granted a total of 175,000
stock options (the "Options") and 15,000 restricted share units (“RSUs”) pursuant to its Omnibus
Share Incentive Plan (the “Plan”). The Options are exercisable at a price of $ 7.20 per share and
will fully vest after two years, with one quarter of the total options vesting at each six -month
anniversary, subject to continued service, and will expire five years from the date of grant. In
addition, the Company has granted 15,000 RSUs, which will vest in equal annual installments over
a three -year period, subject to continued service, and will be settled in common shares upon
vesting at a deemed price of $7.20 per share, in accordance with the terms of the Plan.
Francis MacDonald, President & CEO of LIFT comments , “We’re very pleased to welcome Jeff
Reinson to L IFT. Jeff brings more than 25 years of project development, engineering and
operational leadership across a range of mining operations, and his experience will be a major
asset as we advance our portfolio and strengthen our execution capabilities. We look forward to
the leadership and discipline he will bring to the team as we continue progressing the Company’s
next phase of growth.”
Investor Relations Engagement
LIFT is pleased to announce that it has retained Rose & Company (Rose & Co.) to provide investor
relations and institutional investor outreach services to the Company (the “Services”). The
Services will include institutional investor outreach and ongoing engagement, non-deal roadshow
support, and advice regarding capital markets communications.
In consideration for the Services, Rose & Co. will be paid USD$50,000 quarterly in advance,
starting February 2 3, 2026 , with the first quarterly retainer being due within 30 days of
commencement. The Services have an initial term of one year ending February 22, 2027, and may
be extended on an annual basis thereafter. Rose & Co. does not have any direct or indirect interest
in the Company, or its securities, nor any right or intent to acquire such an interest. The agreement
with Rose & Co. is subject to the approval of the TSX Venture Exchange.
Founded in 2015, Rose & Co. is an independent capital markets advisory firm that provides
strategic counsel and investor engagement support to public companies. To learn more about
Rose & Co., please visit www.roseandco.com.
About LIFT
LIFT is a mineral exploration company engaged in the acquisition, exploration, and development
of lithium pegmatite projects located in Canada. The Company’s flagship project is the
Yellowknife Lithium Project located in Northwest Territories, Canada. LIFT also holds three early-
stage exploration properties in Quebec, Canada with excellent potential for the discovery of buried
lithium pegmatites, as well as the Cali Project in Northwest Territories within the Little Nahanni
Pegmatite Group.
For further information, please contact:
Francis MacDonald Daniel Gordon
Chief Executive Officer Investor Relations
Tel: + 1.604.609.6185 Tel: +1.604.609.6185
Email: [email protected] Email: [email protected]
Website: www.li-ft.com
Cautionary Statement Regarding Forward-Looking Information
Certain statements included in this press release constitute forward -looking information or
statements (collectively, “forward -looking statements”), including those identified by the
expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “inten d”, “may”, “should” and
similar expressions to the extent they relate to the Company or its management. The 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 and information reflect management's current beliefs and are based on assumptions
made by and information currently available to the company with respect to the matter described
in this new release.
Forward-looking statements involve risks and uncertainties, which are based on current
expectations as of the date of this release and subject to known and unknown risks and
uncertainties that could cause actual results to differ materially from those expressed or implied
by such statements. Additional information about these assumptions and risks and uncertainties
is contained under "Risk Factors" in the Company's latest annual information form filed on March
21, 2025, which is available under the Company' s SEDAR+ profile at www.sedarplus.ca, and in
other filings that the Company has made and may make with applicable securities authorities in
the future. Forward -looking statements contained herein are made only as to the date of this
press release and we undertake no obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise, except as required by law. We
caution investors not to place considerable reliance on the forward-looking statements contained
in this press release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this news release.