Li-FT Power posts Q2 loss as Winsome deal lifts share-based pay, consulting costs, company says

Reuters2026/08/13 21:37

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For the six months ended June 30, 2026, net loss widened to CAD 12.59 million from CAD 1.43 million year earlier.
Operating loss rose to CAD 11.14 million from CAD 2.3 million, driven by higher share-based compensation, staffing, consultants.
Cash used in operating activities increased to CAD 6.31 million from CAD 1.97 million, reflecting higher overhead and prepaid expenses.
Investing cash outflow climbed to CAD 22.26 million, including CAD 12 million paid for the Renard mine site option fee.
Financing inflows reached CAD 45.57 million from share issuance, lifting cash to CAD 18.81 million at June 30 from CAD 1.82 million.

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 on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Li-FT Power posts Q2 loss as Winsome deal lifts share-based pay, consulting costs, company says

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