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Power Metallic acquires Li-FT Power mineral claims

PUBLIC · PNPNFJul 14, 2025

Acquiring Company

Power Metallic Mines

Acquired Company

Li-FT Power Ltd

TorontoVancouverEnergyMiningEnergyMiningMineral

Description

Power Metallic Mines Inc. has completed the acquisition of a 100% interest in 313 mineral claims totalling 167 km² from Li-FT Power Ltd. for $700,000 cash and 6,000,000 common shares. This acquisition enhances Power Metallic's land holdings in the Nisk Project Area, contributing to its exploration and development objectives.

Quick answer

Power Metallic Mines is acquiring Li-FT Power Ltd, announced July 14, 2025. Power Metallic Mines is based in Toronto, Ontario, Canada.

How much did Power Metallic Mines pay for Li-FT Power Ltd?
The deal value was not disclosed.
What does Power Metallic Mines do?
Power Metallic Mines Inc. is engaged in mineral exploration and development.
Where are Power Metallic Mines and Li-FT Power Ltd based?
Power Metallic Mines is based in Toronto, Ontario, Canada. Li-FT Power Ltd is based in Vancouver, British Columbia, Canada.
Who are the decision-makers at Power Metallic Mines?
Fundz holds 2 contacts at Power Metallic Mines. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Power Metallic Mines

Location

82 RICHMOND STREET EAST

Toronto, Ontario, Canada

About

Power Metallic Mines Inc. is engaged in mineral exploration and development. The company focuses on acquiring and exploring polymetallic mineral claims. It aims to capitalize on significant mineral discoveries. Power Metallic is listed on multiple stock exchanges, enhancing its visibility in the market.

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Frequently asked

Who acquired Li-FT Power Ltd?

Li-FT Power Ltd was acquired by Power Metallic Mines, based in Toronto. The deal was reported on July 14, 2025. Power Metallic Mines Inc. is engaged in mineral exploration and development. The company focuses on acquiring and exploring polymetallic mineral claims. It aims to capitalize on significant mineral discoveries. Power Metallic Mines is publicly traded (PNPNF) and operates in Energy.

When did Power Metallic Mines acquire Li-FT Power Ltd?

Power Metallic Mines's acquisition of Li-FT Power Ltd was reported on July 14, 2025. Power Metallic Mines Inc. has completed the acquisition of a 100% interest in 313 mineral claims totalling 167 km² from Li-FT Power Ltd. for $700,000 cash and 6,000,000 common shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Li-FT Power Ltd do?

Li-FT is a mineral exploration company engaged in the acquisition, exploration, and development of mineral properties, specifically lithium pegmatite projects located in Canada. It is privately held, operating in Energy, and is based in Vancouver.

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