LIFT Closes Acquisition with SOQUEM for an Additional 25% Interest in the Galinée Property, Quebec

VANCOUVER, British Columbia, March 09, 2026 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce further to its December 15, 2025 and February 24, 2026 press releases that it has closed its acquisition of an additional 25% interest in the exclusive exploration rights commonly known as the Galinée property (“Galinée Property”) from SOQUEM Inc. (“SOQUEM”). Following closing, LIFT now holds a 75% interest in the Galinée Property, with the remaining 25% interest continuing to be held by SOQUEM. LIFT is the operator of the Galinée Property under joint venture with SOQUEM.