LI-FT POWER TO MERGE WITH WINSOME RESOURCES AND TAKE CONTROL OF GALINÉE PROPERTY TO MAXIMIZE VALUE AT TIER-ONE ADINA PROJECT

Li-FT Power Ltd. Acquires Winsome Resources: Li-FT Power Ltd. has signed a binding agreement to acquire 100% of Winsome Resources, offering a share exchange ratio that represents a significant premium to Winsome's recent share prices, with the transaction expected to enhance Li-FT's lithium project portfolio.

Galinée Property Acquisition: In addition to the Winsome acquisition, Li-FT has entered a non-binding letter of intent to acquire a 75% interest in the Galinée property, which is adjacent to the Adina project, potentially increasing the scale and resource profile of their lithium assets.

Shareholder Support and Financial Strategy: The transaction has received unanimous support from Winsome's board and major shareholders, with Li-FT planning a concurrent private placement to raise C$30 million for exploration and development, conditional on the completion of the Winsome acquisition.

Strategic Growth and Market Positioning: The combined entity will benefit from enhanced market capitalization, access to capital, and a dual listing on the TSX Venture Exchange and the Australian Securities Exchange, positioning it as a leading hard rock lithium developer in Canada.