Azimut and SOQUEM to Participate in LiFT Power’s Consolidation of the Galinée-Adina Lithium District in the James Bay Region of Quebec

LONGUEUIL, Quebec, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the signing, together with SOQUEM Inc. (“SOQUEM”), of a non-binding letter of intent (“LOI”) to restructure their 50/50 joint venture on the Galinée Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec by selling an aggregate 75% interest in the Property to LiFT Power Ltd. (“LiFT”) (TSXV: LIFT, OTCQX: LIFFF). This transaction is disclosed in conjunction with LiFT’s announcement, on December 15, 2025 (in Australia), of its proposed acquisition of Winsome Resources Ltd. (“Winsome”), the owner of the adjacent development-stage Adina property (see Figures 1 and 2).