reports
Ultra Lithium – Laguna Verde Update
Ultra Lithium – Laguna Verde Update VANCOUVER, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“Ultra Lithium” or the “Company”) today announced that Mr. Juan Orozco, General Manager of Argentinian subsidiary Ultra Argentina S.R.L. has signed an agreement purportedly between Ultra Argentina S.R.L. and Alto Grande Cobre S.A. to sell the Laguna Verde project to Alto Grande Cobre S.A. (the “Purported Agreement”). This unauthorized action was taken without notice to the Company and without any legal authorization or validity. The terms of the Purported Agreement ar...
Ultra Lithium and Power Minerals Agree on Settlement Terms
Ultra Lithium and Power Minerals Agree on Settlement Terms VANCOUVER, British Columbia, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“Ultra Lithium” or the “Company”) today announces it has reached a settlement agreement with Power Minerals Limited (“Power Minerals”) with respect to the convertible loan agreement (CLA) between the two companies. Under the terms of the settlement agreement Ultra Lithium will: Pay $50,000 AUD on or before December 5, 2024 to Power Minerals (Paid)Transfer to Power Minerals all of Ultra Lithium’s Canadian Mineral Claims - the Forgan Lake and Geo...
Ultra Lithium Receives Section 244 Notice From Power Minerals Limited
Ultra Lithium Receives Section 244 Notice From Power Minerals Limited VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“Ultra Lithium” or the “Company”) today announces it has received a section 244(1) notice under the Bankruptcy and Insolvency Act (Canada) (“s.244 Notice”) from Power Minerals Limited (“Power Minerals”). Power Minerals intends to make a court application to appoint a receiver over Ultra Lithium’s assets to enforce Power Mineral’s security under a convertible loan agreement (“CLA”) between the two companies. Ultra Lithium may file a Not...
Ultra Lithium Receives Default Notice From Power Minerals Limited
Ultra Lithium Receives Default Notice From Power Minerals Limited VANCOUVER, British Columbia, July 17, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“Ultra Lithium” or the “Company”) today announced it has received a default notice (“Default Notice”) from Power Minerals Limited (“Power Minerals”) for the full repayment of amounts outstanding under a convertible loan agreement (“CLA”) between the two companies. The Company and Power Minerals entered into the CLA on May 12, 2023. Under the CLA, Power Minerals advanced an interest-bearing loan of AUD $1.13 million to the Company. On Octo...
Ultra Lithium Receives Cash Notice From Power Minerals Limited
Ultra Lithium Receives Cash Notice From Power Minerals Limited VANCOUVER, British Columbia, July 04, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“Ultra Lithium” or the “Company”) today announced it has received a cash notice (“Cash Notice”) from Power Minerals Limited (“Power Minerals”) for the full repayment of amounts outstanding under a convertible loan agreement (“CLA”) between the two companies. The Company and Power Minerals entered into the CLA on May 12, 2023. Under the CLA, Power Minerals advanced an interest-bearing loan of AUD $1.13 million to the Company. On October 25, 2...
Ultra Lithium Provides Bi-Weekly Default Status Report
Ultra Lithium Provides Bi-Weekly Default Status Report VANCOUVER, British Columbia, May 03, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders (“NP 12-203”). On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management’s di...
Ultra Lithium Provides Bi-Weekly Default Status Report
Ultra Lithium Provides Bi-Weekly Default Status Report VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders (“NP 12-203”). On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management’s ...
Ultra Lithium Provides Bi-Weekly Default Status Report
Ultra Lithium Provides Bi-Weekly Default Status Report VANCOUVER, British Columbia, April 03, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders (“NP 12-203”). On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management’s ...
Ultra Lithium Provides Bi-Weekly Default Status Report
Ultra Lithium Provides Bi-Weekly Default Status Report VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders (“NP 12-203”). On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management’s ...
Ultra Lithium Granted Voluntary Management Cease Trade Order
Ultra Lithium Granted Voluntary Management Cease Trade Order VANCOUVER, British Columbia, March 04, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) announces that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with National Policy 12-203 due to it not being able to file its annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended October 31, 2023 on SEDAR within 120 days of its financial year-end. The management cease trade ...
Ultra Lithium Completes Laguna Verde Option Payments
Ultra Lithium Completes Laguna Verde Option Payments VANCOUVER, British Columbia, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) is pleased to announce that the Company has completed all purchase payments for the Laguna Verde I, II and III licences (the Laguna Verde License Area). The Company has received a notarized deed of sale and has applied to the Catamarca Mining Office to register the title transfer from the vendor to Ultra Lithium’s wholly owned subsidiary in Argentina, Ultra Argentina SRL. Hi...
Ultra Lithium Inc. Appoints Directors
Ultra Lithium Inc. Appoints Directors VANCOUVER, British Columbia, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is pleased to announce that Kiki Smith and Graham Adria have been appoint to the Company’s board of directors. Graham Adria was appointed to the board of directors on November 15, 2023. Graham Adria has extensive experience as a corporate lawyer and currently works for an international law firm in Beijing. He is experienced in cross-border transactions in the resources sector, particularly on small and mid-cap...
Ultra Lithium Inc. Closes Private Placement
Ultra Lithium Inc. Closes Private Placement 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 of one common share of the Company (each, a “Unit Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one commo...
CORRECTING and REPLACING - Ultra Lithium Inc. Closes Private Placement
CORRECTING and REPLACING - Ultra Lithium Inc. Closes Private Placement VANCOUVER, British Columbia, Aug. 14, 2023 (GLOBE NEWSWIRE) -- In a news release issued Friday, August 11, 2023, by Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) under the same headline, please note the Warrant Share price in the second paragraph should be "$0.25 in the second twelve months following issuance" rather than "$0.12 in the second twelve months following issuance" as originally issued. Complete corrected text follows. Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is p...
Ultra Lithium Inc. Closes Private Placement
Ultra Lithium Inc. Closes Private Placement VANCOUVER, British Columbia, Aug. 11, 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 18,181,819 Units at a price of C$0.055 per Unit for gross proceeds of C$1,000,000. Each Unit will be comprised of one common share of the Company (each, a “Unit Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one com...
Ultra Lithium Sells Laguna Verde for Share Stake in Power Minerals
Ultra Lithium Sells Laguna Verde for Share Stake in Power Minerals VANCOUVER, British Columbia, May 17, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“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 Limited (ASX: PNN) (Power). Ultra Lithium holds 100% of the Laguna Verde lithium-brine project and other salar properties totaling +250,000-hectares in the Catamarca Province of Argentina within the world-renowned lithium ...
Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channe...
Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channel Samples at the Forgan Lake Lithium Property Northwestern Ontario VANCOUVER, British Columbia, March 22, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“Ultra Lithium” or “the Company”) is pleased to announce assays for the first batch of channel sampling completed during Q4 2022 exploration work at its 100% owned Forgan Lake Lithium Property in northwestern Ontario, Canada. The channel sampling was completed at the Number 1 Pegmatite and other pegmatites on the Property. The first two trenches / channels (Channels 1 ...
Ultra Lithium Assays Up to 417 ppm Lithium in Drill Hole at the Laguna...
Ultra Lithium Assays Up to 417 ppm Lithium in Drill Hole at the Laguna Verde Brine Lithium Project in Argentina VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“Ultra Lithium” or “the Company”) is pleased to announce the brine sampling results from a drill hole at its 100% owned Laguna Verde brine lithium project in Catamarca Province, Argentina. Drill hole LV22-04 assayed up to 417 parts per million (“ppm” or “mg/L”) lithium (Li) from two rounds of sampling completed in January – February 2023. Earlier, the geophysical study of the first well LV22-01...
Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake...
Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake Lithium Property in Northern Ontario, Canada VANCOUVER, British Columbia, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. () (“Ultra Lithium” or “the Company”) is pleased to announce that the Company has received the first batch of drilling results from four diamond drill holes at its 100% owned Forgan Lake Lithium Property in northwestern Ontario, Canada. The drilling was contracted to Diafore Drilling Inc. from Quebec who completed 31 NQ and HQ size core drill holes with a cumulative drilling of 3,635 metres. Th...
Ultra Lithium Inc. Responds to Government of Canada Critical Minerals ...
Ultra Lithium Inc. Responds to Government of Canada Critical Minerals Announcement VANCOUVER, British Columbia, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) announces that the Company has been advised that Zangge Mining Investment (Chengdu) Co. Ltd. (Zangge) has received an order from Government of Canada to divest its interest in Ultra Lithium. Ultra Lithium and Zangge have also mutually agreed to terminate the definitive agreement with respect to the Laguna Verde property announced on June 20, 2022. The Board of Dir...
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