# Lithium Royalty Corp. Congratulates Li-FT on its Agreement to Acquire Winsome Resources; Solidifies the Adina Project as Major Canadian Lithium Asset Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lithium-royalty-corp-congratulates-li-ft-on-its-agreement-to-acquire-winsome-res--78d2fca3-b5e6-4916-9aa7-030ebc5ef3ef Original source: https://money.tmx.com/en/quote/LIRC/news/7492482383804937/lithium-royalty-corp-congratulates-li-ft-on-its-agreement-to-acquire-winsome-res Publisher: tmx Original announcement: 2025-12-15T13:58:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lithium Royalty Corp. - Ticker: LIRC - Exchange: TSX - Region: Québec - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-12 11:21:33 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Lithium Royalty Corp. \(LRC\) has announced that Li-FT Power Ltd. has agreed to acquire Winsome Resources, a move that consolidates the Adina lithium project in Québec. The transaction is supported by Agnico Eagle's Avenir Minerals, which intends to participate in a concurrent C$40 million financing to accelerate project development. Reasoning: The transaction consolidates a major lithium asset under a well-capitalized entity \(Li-FT with Agnico Eagle support\), directly benefiting the royalty holder \(LRC\). - Positive factor: Strategic acquisition by Li-FT of Winsome Resources consolidates Adina project - Positive factor: Support from Agnico Eagle subsidiary Avenir Minerals provides significant balance sheet strength - Positive factor: Potential for resource expansion and increased open-pittable resources - Positive factor: Existing 4.0% GOR royalty on Adina project positioned to benefit from accelerated development Facts used in scoring: 2 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The technical information was reviewed and approved in accordance with NI 43-101 by a Qualified Person. Evidence · text > reviewed and approved in accordance with NI 43-101 by Don Hains, P.Geo. **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Don Hains, P.Geo. is named as the Qualified Person. Evidence · text > approved in accordance with NI 43-101 by Don Hains, P.Geo. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/lithium-royalty-corp-congratulates-li-ft-on-its-agreement-to-acquire-winsome-res--78d2fca3-b5e6-4916-9aa7-030ebc5ef3ef#fact-resource-facts-0) Adina · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Adina - Commodity: lithium - Region: canada\_qc - Reported Region: Québec - Ticker: LIRC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:5b21f540d7a3f0462352 - Deposit or zone: Adina #### Resource Data - Category: indicated - Tonnes: 61400000 - Grade: 1.14 - Grade Unit: % Li₂O - Cutoff Grade: 0.4 - Cutoff Unit: % Li₂O #### Prior Estimate - Resource Date: 2024-09-17 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-17T00:00:00.000Z #### Dates - Event date: 2025-12-15T00:00:00.000Z Reasoning: Indicated resource component of the existing MRE being restated from the 2024 Scoping Study. Evidence · text > global Mineral Resource Estimate \(MRE\) of 61.4Mt at 1.14% Li₂O in the Indicated category #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lithium-royalty-corp-congratulates-li-ft-on-its-agreement-to-acquire-winsome-res--78d2fca3-b5e6-4916-9aa7-030ebc5ef3ef#fact-resource-facts-1) Adina · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Adina - Commodity: lithium - Region: canada\_qc - Reported Region: Québec - Ticker: LIRC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:1c7d2c723aa7cd1485c8 - Deposit or zone: Adina #### Resource Data - Category: inferred - Tonnes: 16500000 - Grade: 1.19 - Grade Unit: % Li₂O - Cutoff Grade: 0.4 - Cutoff Unit: % Li₂O #### Prior Estimate - Resource Date: 2024-09-17 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-17T00:00:00.000Z #### Dates - Event date: 2025-12-15T00:00:00.000Z Reasoning: Inferred resource component of the existing MRE being restated from the 2024 Scoping Study. Evidence · text > 16.5Mt at 1.19% Li₂O in the Inferred category #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.