LIFT Closes Sale of 313 Claims in Quebec to Power Metallic Mines for $700,000 in Cash and 6,000,000 Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 14 2025
0mins
Should l Buy ?
Source: Yahoo Finance
Transaction Announcement: Li-FT Power Ltd. has completed a definitive agreement with Power Metallic Mines Inc. for the sale of a 100% interest in 313 claims from the Rupert Project in Quebec, receiving C$700,000 in cash and 6 million shares, along with a 0.5% net smelter returns royalty.
Deferred Share Units Grant: The company granted 20,407 Deferred Share Units to independent directors as part of their compensation for the second quarter, which will vest in one year and can be settled in common shares.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
