# LI-FT POWER AGREES TO COMBINE WITH WINSOME RESOURCES AND ACQUIRE MAJORITY INTEREST IN THE GALIN&\#xC9;E PROPERTY TO UNLOCK VALUE AT THE TIER-ONE ADINA PROJECT

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/li-ft-power-agrees-to-combine-with-winsome-resources-and-acquire-majority-intere--7772b0c3-333c-4cd5-a6e9-e9b0062ca9e1

Original source: https://money.tmx.com/en/quote/AZM/news/5357883669362497/li-ft-power-agrees-to-combine-with-winsome-resources-and-acquire-majority-intere

Publisher: tmx

Original announcement: 2025-12-14T23:07:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Li-FT Power Ltd.

- Ticker: LIFT

- Exchange: TSX

- Region: Québec

- Primary commodity: Lithium

- Secondary commodities: Cesium, Tantalum

- Document categories: Agreement transaction, Capital raise, Resource update

- Extracted: 2026-08-24 07:40:03 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Li-FT Power has agreed to acquire 100% of Winsome Resources through a scheme of arrangement and has entered a non-binding LOI to acquire a 75% interest in the Galinée property. To fund these developments, Li-FT is launching a concurrent C$40 million capital raise.

Reasoning: The announcement details a major corporate combination and asset consolidation strategy involving two significant lithium projects and a substantial capital raise.

- Positive factor: Transformative acquisition of Winsome Resources

- Positive factor: Strategic acquisition of Galinée property to expand Adina project

- Positive factor: Concurrent C$40 million capital raise to fund development

- Positive factor: Significant premium offered to Winsome shareholders

- Negative factor: Transactions are subject to multiple closing conditions and regulatory approvals

- Negative factor: Galinée transaction is currently non-binding

Facts used in scoring: 3

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document restates the Adina Mineral Resource Estimate to provide context for the transaction.

Evidence · text

> Adina deposit hosts 61.4 Mt at 1.14% Li 2 O \(Indicated\) and 16.5 Mt at 1.19% Li 2 O \(Inferred\)

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Adina resource includes a significant 16.5 Mt Inferred component.

Evidence · text

> 16.5 Mt at 1.19% Li 2 O \(Inferred\)

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The Adina MRE is explicitly identified as a historical estimate under NI 43-101.

Evidence · text

> Li-FT intends to initiate the requisite work... to have a mineral resource estimate in respect of a combined Adina-Galinée property prepared.

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.