• Release condition met for Li-FT Power’s call option on the Renard diamond mine assets or Stornoway’s equity.
• Québec authorization postpones Renard rehabilitation work to June 23, 2028, triggering release of a CAD 12 million option fee.
• Option can be exercised for CAD 1 during the two-year period ending June 23, 2028.
• Li-FT advanced CAD 18 million for care and maintenance funding; annual site costs estimated at CAD 18 million.
• Any acquisition would require a definitive deal structure and additional approvals before closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Li-FT Power Ltd. published the original content used to generate this news brief on October 05, 2026, and is solely responsible for the information contained therein.