Tag: Ultra

Ultra Lithium Closes Private Placement

2023-09-29 15:15:36 VANCOUVER, British Columbia, Sept. 29, 2023 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is pleased to announce that it has closed a non-brokered private placement issuing 3,636,364 Units at a price of C$0.055 per Unit for gross proceeds of C$200,000. Each Unit will be comprised […]

Ultra Lithium Sells Laguna Verde for Share Stake in Power Minerals

2023-05-17 05:00:59 VANCOUVER, British Columbia, May 17, 2023 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“Ultra Lithium” or “the Company”) is pleased to announce it has signed a binding Term Sheet to sell its Laguna Verde lithium-brine projects in the Catamarca Province for up to 50 million shares in Power Minerals […]

Ultra Lithium Provides Update on Yahua Investment

2022-10-13 04:39:14 VANCOUVER, British Columbia, Oct. 13, 2022 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) announces that the Company and Ya Hua International Investment and Development Co. Ltd. (Yahua) have mutually agreed to terminate Yahua’s equity subscription in Ultra Lithium. In May 2022 Yahua signed a subscription […]

Ultra Lithium Completes 3,500 Meters Drilling to Date at Forgan Lake and Georgia Lake Lithium Properties Northwestern Ontario Intersecting Lithium Pegmatites With Widths Up to 15 Meters

2022-10-11 04:43:48 VANCOUVER, British Columbia, Oct. 11, 2022 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“Ultra Lithium” or “the Company”) is pleased to provide an update on drilling progress at its Forgan Lake and Georgia Lake Lithium properties in northwestern Ontario, Canada. To date, the Company has completed 31 NQ and […]

Ultra Lithium Closes Private Placement

2022-10-07 14:41:04 VANCOUVER, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is pleased to announce that it has closed its non-brokered private placement issuing 2,156,278 Units at a price of C$0.15 per Unit (at premium of 50% over current market) for gross proceeds […]

Ultra Lithium Commences Exploration Work at the Forgan Lake Lithium Property Northwestern Ontario, Canada

2022-09-06 04:33:23 VANCOUVER, British Columbia, Sept. 06, 2022 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“Ultra Lithium” or “the Company”) together with North Canada Lithium Corp. (NCLC) is pleased to announce the commencement of exploration work at the Forgan Lake Lithium Property in northwestern Ontario, Canada. The work includes trenching, channel […]

Ultra Lithium Starts Drilling at the Georgia Lake Lithium Property

2022-07-05 04:38:56 VANCOUVER, British Columbia, July 05, 2022 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V: ULT, OTCQB: ULTXF, Frankfurt: QFB) (“Ultra Lithium” or “the Company”) announces that the Company as operator has signed a drilling contract with Niigaani Drilling Incorporated to carry out 2,095 metres of diamond drilling at the Georgia Lake Lithium Property. The […]

Ultra Lithium Closes First Tranche of Private Placement

2022-06-17 06:43:19 VANCOUVER, British Columbia, June 17, 2022 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) announces that it has closed the first tranche of its previously announced private placement (the “Private Placement”) (see news release dated June 2, 2022) for gross proceeds of C$1,074,699. The Company sold […]