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Li-FT Power wins Québec MRNF approval to defer Renard rehabilitation to June 2028

PUBT·10/05/2026 07:07:02
Li-FT Power wins Québec MRNF approval to defer Renard rehabilitation to June 2028
  • Québec’s MRNF authorized a deferral of Renard mine rehabilitation work to June 23, 2028, satisfying the last condition in Li-FT Power’s call option.
  • The decision triggers release of a non-refundable CAD 12 million option fee, paid under the June 23, 2026 agreement with Stornoway Diamonds.
  • Li-FT also advanced CAD 18 million for Renard care-and-maintenance funding, administered by Deloitte Restructuring as monitor.


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 via GlobeNewswire (Ref. ID: 202610050305PRIMZONEFULLFEED9839216) on October 05, 2026, and is solely responsible for the information contained therein.