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An announcement from Li-FT Power Ltd. ( (TSE:LIFT) ) is now available.
Li-FT Power has updated the terms of its previously announced financing tied to its proposed acquisition of Winsome Resources, increasing the issue price of its flow-through subscription receipts from C$6.45 to C$6.88, which boosts expected gross proceeds from that portion of the offering to C$26.7 million. The overall offerings, which also include non-flow-through subscription receipts and common shares and are led by a Canaccord Genuity–managed underwriting syndicate, remain targeted to raise approximately C$40 million excluding any underwriters’ options, with closing anticipated around January 29, 2026, subject to regulatory approvals, providing additional capital to advance Li-FT’s lithium projects and support its expansion strategy through the Winsome acquisition.
The most recent analyst rating on (TSE:LIFT) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on Li-FT Power Ltd. stock, see the TSE:LIFT Stock Forecast page.
Spark’s Take on TSE:LIFT Stock
According to Spark, TipRanks’ AI Analyst, TSE:LIFT is a Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses and cash burn), partially offset by a strong low-leverage balance sheet. Technicals are supportive with a positive longer-term trend, while valuation is challenged by negative earnings and no dividend data. Recent corporate events are constructive, reflecting positive exploration progress and strategic asset consolidation.
To see Spark’s full report on TSE:LIFT stock, click here.
More about Li-FT Power Ltd.
Li-FT Power Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of lithium pegmatite projects. Its flagship asset is the Yellowknife Lithium Project in Canada’s Northwest Territories, complemented by three early-stage lithium exploration properties in Quebec and the Cali Project in the Northwest Territories’ Little Nahanni Pegmatite Group.
Average Trading Volume: 58,856
Technical Sentiment Signal: Buy
Current Market Cap: C$345.7M
Find detailed analytics on LIFT stock on TipRanks’ Stock Analysis page.