04:34 PM EST, 01/23/2025 (MT Newswires) -- North Arrow Minerals ( NHAWF ) on Thursday said it closed the sale of three lithium properties located in Canada's Northwest Territories to Li-FT Power Ltd. ( LIFFF ) in exchange for 250,000 common shares of Li-FT.

North Arrow transferred a 100% interest in the DeStaffany, LDG and MacKay lithium properties, subject to existing royalty interests on the DeStaffany and LDG properties.

"Closing of this sale provides North Arrow with exposure to the continued evaluation of these NWT lithium properties as well as Li-FT's advanced Yellowknife Lithium Project, while allowing our team to focus on exploration of the Kraaipan Gold Project in Botswana," said North Arrow chief executive Ken Armstrong.