tiprankstipranks
Li-FT Power Ltd. Raising Funds for Lithium Project
Company Announcements

Li-FT Power Ltd. Raising Funds for Lithium Project

Li-FT Power Ltd. (TSE:LIFT) has released an update.

Don't Miss our Black Friday Offers:

Li-FT Power Ltd. has launched a public offering to raise over $7 million through the sale of flow-through shares, alongside a concurrent private placement aimed at garnering an additional $3 million. The capital raised will fund the Yellowknife Lithium Project in Canada, with tax benefits being passed to investors. The offerings, which are already underway, are expected to close by March 27, 2024, subject to regulatory approvals.

For further insights into TSE:LIFT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskLi-FT Power Reports Key Yellowknife Project Update
TipRanks Canadian Auto-Generated NewsdeskLi-FT Power Secures $21.3 Million Investment
TipRanks Canadian Auto-Generated NewsdeskLi-FT Power Unveils Major Lithium Resource in Canada
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App