LIFT Commences 2026 Environmental Baseline Data Collection Program at the Yellowknife Lithium Project
LIFT COMMENCES 2026 ENVIRONMENTAL BASELINE DATA
COLLECTION PROGRAM AT THE YELLOWKNIFE LITHIUM
PROJECT
March 31 , 202 6 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) ( TSXV: LIFT )
(OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce the launch of the 2026 Environmental
Baseline Data Collection Program , representing the next phase of environmental studies at the
Yellowknife Lithium Project (the “Project”). The 2026 program will expand the geographic extent
of baseline data collection activities conducted to date, focusing on the Big -Nite pegmatite
cluster. This work will continue to support ongoing project planning and future permitting
activities, including Environmental Assessment.
The 2026 program represents the continuation of multi -year baseline studies that are used to
understand current environmental , cultural, and socioeconomic conditions in the area . The
Program will include local and regional baseline data collection activities and will focus on areas
immediately adjacent to known pegmatite dykes where Project infrastructure may be present in
the future (Figure 1). Lakes and streams that are immediately up - and down-stream of potential
future infrastructure will also be included in the program, along with areas that are up - and
downwind of potential future Project activities. The Program will build on previous work in the
area and will include aquatic, atmospheric, terrestrial, and human environment components and
will employ approaches rooted in the scientific method and Indigenous Knowledge.
Figure 1 – Location of LIFT’s Yellowknife Lithium Project and baseline data collection study area .
LIFT is working closely with local Indigenous communities and regulatory authorities to develop
and execute the baseline data collection programs for the Project. Community engagement
sessions specific to baseline data collection programs were held in 2024 and 2025, with
additional sessions planned for 202 6. The Program will be managed by Det’on Cho
Environmental, which is owned by the Yellowknives Dene First Nation and prioritises Indigenous
employment.
April Hayward, C hief Sustainability Officer of LIFT, comments, “Strong baseline data is
fundamental to responsible project development. By combining rigorous science and Indigenous
Knowledge, these studies help inform project design and impact assessment as we advance the
Yellowknife Lithium Project.”
Baseline Data Collection Program Components
Aquatics Program: The program includes bathymetry, hydrology, hydrogeology, and water quality
surveys as well as fish, fish habitat, and aquatic life surveys. The program began on April 5th with
under-ice water quality sampling, fish habitat surveys , and winter hydrological surveys . The
aquatics program will continue on an approximately monthly basis until the end of September or
beginning of October, when freeze-up is likely to occur.
Atmospherics Program: The program includes air quality, noise, vibration, light, and
meteorological components to establish ambient conditions in and around the Project area. The
atmospheric data collection program will begin in late spring/early summer will continue year -
round going forward.
Terrestrial Program: The program include s vegetation, soils and terrain, permafrost, host rock
geochemistry, and wildlife components. Soils and vegetation field programs will occur in the
summer (July -September) and will be used to verify models built from geological maps and
remote sensing data. The host rock geochemistry program will build upon initial work completed
in previous years and will include static and kinetic testing of host rock. The wildlife program will
include acoustic data collection, t, a nd the continuation of camera trapping, which commenced
in the autumn of 2023.
Human Environment Program: The 2026 program will build on archaeological studies, Indigenous
resource use, and Indigenous knowledge studies completed previously. and will focus on heritage
resources and land and resource use components.
LIFT Retains VLP for Market-Making Services
LIFT has, subject to regulatory approval, entered into an agreement dated March 30, 2026 with
Venture Liquidity Providers Inc. ( “VLP”) to provide market-making services in accordance with
applicable TSX Venture Exchange policies. Pursuant to the agreement, VLP will provide
assistance in maintaining an orderly trading market for the common shares of the company.
The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer
Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other
applicable laws. The agreement i s for an initial term of three months, which will automatically
extend for successive one -month terms, unless terminated by either party upon notice. For its
services, the Company has agreed to pay VLP $5,000 CAD per month. The agreement may be
terminated at any time by the Company or VLP. The Company and VLP act at arm's length, and
VLP has no present interest, directly or indirectly, in the Company or its securities. The finances
and the shares required for the market-making service are provided by W.D. Latimer. The fee paid
by the company to VLP is for services only.
VLP is a specialized consulting firm based in Toronto providing a variety of services focused on
TSX-V-listed issuers.
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.
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