Li-FT Power Ltd. and Winsome Resources Limited announced the signing of a binding scheme implementation deed whereby Li-FT will acquire 100% of the issued securities of Winsome. Winsome shareholders will receive 0.107 of a Li-FT common share or a CDI for each ordinary share of Winsome held.
Li-FT has also entered into a non-binding letter of intent with Azimut Exploration and SOQUEM to acquire an aggregate 75% interest in the Galinée property, which is immediately adjacent to and is interpreted to host a continuation of the mineralization of the Adina project.
The Winsome Transaction and Galinée Transaction have the support of Li-FT's strategic shareholder, Avenir Minerals.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.