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LIFT.V ·

Li-FT Files NI 43-101 Technical Report for the Yellowknife Lithium Project

Resource Estimates Technical Reports (NI 43-101)

Li-FT Files NI 43-101 Technical Report for the

Yellowknife Lithium Project

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2023) - Li-FT Power Ltd. (CSE:

LIFT

)

(FSE:

WS0

) ("

Li-FT

" or the "

Company

") is pleased to report it has filed a technical report titled "NI 43-

101 Technical Report on the Yellowknife Lithium Project, Northwest Territories, Canada" with an

effective date of December 30, 2022 (the "

Technical Report

").

The Technical Report was prepared for the Yellowknife Lithium Project by Dr. Thomas Hawkins (P.Geo,

PhD), an independent consultant and qualified person.

The Technical Report was prepared in accordance with the Canadian Securities Administrators'

National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), and may be

found at www.li-ft.com or under the Company's profile at

www.sedar.com

.

About Li-FT

Li-FT 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. Li-FT 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 Field.

For further information, please contact:

Francis MacDonald

Chief Executive Officer

Tel: Canada: +1.778.322.8705

Tel: Germany: +49.1522.1073741

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", "intend", "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 are based on current expectations and various

estimates, factors and assumptions and involve known and unknown risks, uncertainties and other

factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties

and assumptions which are difficult to predict. Factors that could cause the actual results to differ

materially from those in forward-looking statements include the continued availability of capital and

financing, and general economic, market or business conditions, including the effects of COVID-19.

Forward-looking statements contained in this press release are expressly qualified by this cautionary

statement. These statements should not be read as guarantees of future performance or results. Such

statements involve known and unknown risks, uncertainties and other factors that may cause actual

results, performance or achievements to be materially different from those implied by such

statements. Although such statements are based on management's reasonable assumptions, there

can be no assurance that the statements will prove to be accurate or that management's expectations

or estimates of future developments, circumstances or results will materialize. The Company

assumes no responsibility to update or revise forward-looking information to reflect new events or

circumstances unless required by law. Readers should not place undue reliance on the Company's

forward-looking statements.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that

term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this

release.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR

DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/151235