Harfang Gets Approval from Li-FT Power to Move Forward with Second Option at Pontax
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 23 2025
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Harfang Exploration and Li-FT Power Agreement: Harfang Exploration has received notice from Li-FT Power regarding the decision to proceed with the second option for the Pontax Property in Quebec, following an option agreement signed in July 2022.
Details of the Second Option: Li-FT Power will acquire an additional 19% interest in the Pontax Property by paying Harfang $50,000 and incurring $3,350,000 in exploration expenditures, potentially increasing its total interest to 70%.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
