LFNT Resources Corp. announced that it has signed a definitive agreement allowing the company an option to acquire a 100% interest in the 9,759 hectare Sudbury Project, consisting of six (6) mineral claims in the La Ronge Region of Saskatchewan, Canada. The Sudbury Project is located 40 km northwest of La Ronge, Saskatchewan (See Figure 1) and covers a series of disruptive magnetic features just off the Precambrian Shield.

These structures have been interpreted to be caused by magmatic intrusions, such as those associated with the Lynn Lake, Manitoba Deposits or a Sudbury, Ontario Impact Structure and its deposits. A VLF-EM conductor along with a Nickel-Copper-Gold MMI (Mobile Metal Ion) an anomaly was previously identified. A 2022 till sampling program has outlined significant anomalies immediately down ice from the structures confirming the area has the potential for Nickel, Gold, Copper and PGE mineralization (Critical Minerals).

An Airborne VTEM Survey is planned as the next phase of exploration. Under the terms of the Agreement, LFNT may acquire a 100% interest in the Claims by meeting the following milestones: Year 1: $50,000 cash payment on the execution of the agreement. 1,500,000 shares on or before 10 Business Days from July 26th, 2023.

$125,000 in expenditures on or before July 26th, 2024. Year 2: $80,000 cash payment on or before July 26th, 2024. 2,500,000 shares on or before July 26th, 2024.

Incur $500,000 in cumulative expenditures on or before the July 24th 2025. Year 3: $170,000 on or before July 26th, 2025. 3,500,000 shares on or before July 26th, 2025.

Incur $1,500,000 in cumulative expenditures on or before July 26th, 2026. The Option is subject to the policies of the Canadian Securities Exchange, and other customary conditions as set out in the Agreement.