Li-FT Power Ltd. (TSXV: LIFT; OTCQX: LIFFF; Frankfurt: WS0) has announced the appointment of Anthony Tse as Executive Chairman of its Board of Directors, effective immediately.
Mr. Tse brings nearly 30 years of experience in high-growth and technology sectors, with the past 15 years focused on the energy transition, particularly the lithium battery supply chain. His background spans upstream resource development, mining, materials, and battery recycling, with a strong track record in corporate strategy, M&A, and finance.
He previously served as Managing Director and CEO of Galaxy Resources, where he led the company’s transformation from a junior developer to one of the world’s top five lithium producers. His leadership saw Galaxy expand across Australia, China, Argentina, and Canada, culminating in its merger with Orocobre to form Allkem, and later with Livent to create Arcadium, recently acquired by Rio Tinto.
Mr. Tse currently serves as Chairman of Nano One Materials Corp., Director of Li-Cycle Corp., and Senior Advisor to EMR Capital. He was formerly an Operating Partner at Franklin Templeton’s Global Private Equity Group.
Francis MacDonald, CEO of LIFT, commented, “Anthony’s global leadership in lithium and his strategic insight into the battery materials industry make him a key addition to our team. We’re excited to welcome him and look forward to accelerating our growth with his guidance.”
Anthony Tse added, “The rapid growth of electric vehicles and energy storage is driving the need for robust, regional battery supply chains. I see LIFT playing a pivotal role in supporting North America’s lithium resource development, and I’m excited to help guide its strategic direction moving forward.”
In conjunction with Mr. Tse’s appointment, the Company has granted him 400,000 stock options at an exercise price of CAD$2.54, valid for five years and vesting equally over three years, under its Omnibus Incentive Plan.
Additionally, Alexander Langer has to Director, resigning from his role as President. Francis MacDonald will assume the role of President, in addition to his current role as CEO and Director. The Company also announces the resignations of Directors Iain Scarr and Kenneth Scott, effective immediately.
To read more about this, please visit https://www.li-ft.com/
For more articles like this, please visit https://www.theassay.com/
