**Li-FT Power Expands Portfolio with Winsome Acquisition and Strategic Galinée Stake**
Li-FT Power Ltd. is making a significant move in the resource sector. The company has locked in a binding deal to take full ownership of Winsome Resources Limited, with each Winsome shareholder getting 0.107 of a Li-FT common share (or CDI equivalent) for every ordinary share they hold.
But that's just the first piece of the puzzle. Simultaneously, Li-FT has signed a non-binding letter of intent to scoop up a 75% stake in the Galinée property alongside Azimut Exploration and SOQUEM. Here's what makes this interesting: Galinée sits right next to the Adina project and shows signs of hosting the same mineralization that's already been identified there.
**Why This Matters**
The double-move reveals Li-FT's clear strategy—consolidate promising assets while expanding into adjacent high-potential zones. The fact that Avenir Minerals, Li-FT's strategic shareholder, is backing both transactions shows confidence in management's vision. The Winsome acquisition brings full operational control, while the Galinée play positions Li-FT to potentially unlock more value in a geologically favorable region.
For investors watching the resource sector, this is a textbook example of strategic consolidation combined with exploration optionality.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
**Li-FT Power Expands Portfolio with Winsome Acquisition and Strategic Galinée Stake**
Li-FT Power Ltd. is making a significant move in the resource sector. The company has locked in a binding deal to take full ownership of Winsome Resources Limited, with each Winsome shareholder getting 0.107 of a Li-FT common share (or CDI equivalent) for every ordinary share they hold.
But that's just the first piece of the puzzle. Simultaneously, Li-FT has signed a non-binding letter of intent to scoop up a 75% stake in the Galinée property alongside Azimut Exploration and SOQUEM. Here's what makes this interesting: Galinée sits right next to the Adina project and shows signs of hosting the same mineralization that's already been identified there.
**Why This Matters**
The double-move reveals Li-FT's clear strategy—consolidate promising assets while expanding into adjacent high-potential zones. The fact that Avenir Minerals, Li-FT's strategic shareholder, is backing both transactions shows confidence in management's vision. The Winsome acquisition brings full operational control, while the Galinée play positions Li-FT to potentially unlock more value in a geologically favorable region.
For investors watching the resource sector, this is a textbook example of strategic consolidation combined with exploration optionality.