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LI-FT POWER AGREES TO COMBINE WITH WINSOME RESOURCES AND ACQUIRE MAJORITY INTEREST IN THE GALINÉE PROPERTY TO UNLOCK VALUE AT THE TIER-ONE ADINA PROJECT

Newswire.ca - Sun Dec 14, 2025

Trading Symbols:  TSXV: LIFT  |  ASX: WR1

VANCOUVER, BC and PERTH, Australia, Dec. 14, 2025 /CNW/ - Li-FT Power Ltd. ("Li-FT") (TSXV: LIFT) and Winsome ResourcesLimited (ASX: WR1) ("Winsome") are pleased to announce the signing of a binding scheme implementation deed (the "Agreement") whereby Li-FT will acquire 100% of the issued securities of Winsome, pursuant to Australian share and option schemes of arrangement under the Australian Corporations Act (together, the "Winsome Transaction"), subject to the satisfaction of various conditions.

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