Ultra Lithium Inc. wishes to announce that on April 4, 2018 it has granted 1,010,000 stock options to certain directors, officers and consultants pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.205 per share and an expiry date of April 4, 2023. “Kiki Smith” Kiki Smith, CFO About Ultra Lithium Inc. Ultra Lithium is an exploration and development company with a focus [...]
VANCOUVER, British Columbia, Feb. 21, 2018 -- Ultra Lithium Inc. has received complete assay results of the second round of sampling work carried out in December 2017 on the Salar Laguna Verde Discovery Zone in Catamarca Province, Argentina. Assay results indicate lithium values in the range of 34.2 to 1,270 milligrams per liter or parts per million , magnesium values less than one ppm to 7,920 ppm, potassium 804 ppm to [...]
VANCOUVER, British Columbia, Jan. 02, 2018 -- Ultra Lithium Inc. is pleased to announce that it has signed a Memorandum of Understanding with CADAVISA TECHNOLOGY CORPORATION of Beijing, China to cooperate in lithium extraction and production using CTC’s proprietary technology. CTC uses selective separation methods through crystallization processes to produce battery grade lithium carbonate. CTC is constructing a [...]
VANCOUVER, B.C., Dec. 22, 2017 -- Ultra Lithium Inc. has received preliminary assay results of the first four samples from the second round of sampling completed in December 2017 on the Salar Laguna Verde Discovery Zone in Catamarca Province, Argentina. Assay results indicate lithium values in the range of 263 to 1,178 milligrams per liter or parts per million , magnesium values less than 20 ppm to 9,150 ppm and potassium [...]
Ultra Lithium is pleased to announce that it has completed the sale of 4,833,000 units at $0.25 per unit for total gross proceeds of $1,208,250. Each Unit is comprised of one common share and one half common share purchase warrant . Each Warrant will entitle the holder to purchase an additional common share of the Company at an exercise price of $0.40 per share for a period of one year from closing of the private [...]
VANCOUVER, British Columbia, Nov. 21, 2017 -- Ultra Lithium Inc. is pleased to announce that it is starting the second round of surface sampling with focus on the Salar Laguna Verde Discovery Zone in the Province of Catamarca, Argentina. The assay results from surface sampling in this area, announced in ULI’s November 07, 2017 press release indicated one sample with lithium value of 1100 parts per million and a [...]
VANCOUVER, British Columbia, Nov. 10, 2017 -- Ultra Lithium Inc. is pleased to announce that it intends to complete a non-brokered private placement of up to 4,800,000 units of the Company at a price of $0.25 per Unit for aggregate proceeds of up to CDN$1,200,000. Each Unit will be comprised of one common share and one half common share purchase warrant . Each whole Warrant will entitle the holder to purchase an [...]
Ultra Lithium has received preliminary assay results from the October 2017 exploration work completed on the Laguna Verde, Archibara and Galan properties in the Province of Catamarca. Assay results indicate lithium values in the range of less than 1ppm to 1,100ppm, magnesium values 9.45ppm to 1,900ppm and potassium values are 20.5ppm to 14,100ppm. The Laguna Verde area is marked by low magnesium to lithium ratios, in the [...]
VANCOUVER, British Columbia, Oct. 10, 2017 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V:ULI) (“ULI” or “the Company”) is pleased to announce that it has received assay results from the September 2017 exploration work completed on two of the four brine lithium properties recently acquired by the Company in the Province of Catamarca, Argentina. The exploration work was completed on La Borita and [...]
Ultra Lithium Inc. wishes to announce that it has granted 2,150,000 stock options to certain directors, officers and consultants pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.19 per share and an expiry date of September 8, 2022. Ultra Lithium is an exploration and development company with a focus on the acquis...
VANCOUVER, British Columbia, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V:ULI) (“Ultra Lithium” or “the Company”) is pleased to announce that it has started the first phase exploration program at its Argentinian brine lithium properties and appointed the project team for its operations in Argentina. The Company has also incorporated a wholly owned subsidiary, ULTRA ARGENTINA S.R.L [...]
VANCOUVER, British Columbia, Aug. 08, 2017 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V:ULI) (“ULI” or “the Company”) is pleased to announce it has entered into a definitive agreement to acquire 100% interest in three Lithium Brine properties (the “Properties”) covering 22,176 hectares, located in the Antofagasta region, Province of Catamarca in Argentina. The three properties are [...]