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LIFT Closes C$23 Million Public Offering

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, British Columbia, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (ASX: LFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce that it has completed its previously announced “bought deal” public offering of 7,935,000 common shares of the Company (the “Offered Shares”), which includes the exercise in full of the over-allotment option, at a price of C$2.90 per Offered Share for gross proceeds of C$23,011,500 (the “Offering”).

LIFT Announces C$20 Million Public Offering

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ THE SHELF PROSPECTUS SUPPLEMENT, THE CORRESPONDING BASE SHELF PROSPECTUS AND ANY AMENDMENT TO THE DOCUMENTS ARE ACCESSIBLE THROUGH SEDAR+, OR WILL BE ACCESSIBLE THROUGH SEDAR+ WITHIN 2 BUSINESS DAYS, AS APPLICABLE. VANCOUVER, British Columbia, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Li-FT Power Ltd.