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Ultra Lithium Inc. is a mineral exploration firm primarily engaged in advancing lithium and gold ventures across Argentina, Canada, and the United States. The company's portfolio includes diverse lithium initiatives and a total of sixteen licenses for gold mining and exploration. Specifically, its lithium assets comprise the Laguna Verde I and II Brine properties in Argentina, alongside the Georgia Lake Pegmatites and Forgan Lake Pegmatites projects in Ontario, Canada. In terms of gold, it possesses thirteen mining licenses and three exploration licenses, all located within Argentina's Chepes…
VANCOUVER, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT, OTC: ULTXF and Frankfurt: QFB) (“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.
VANCOUVER, British Columbia, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“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.
VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“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 Notice of Intention to make a proposal to restructure the Company's debt within the 10 day notice period provided under the S.244 Notice.
VANCOUVER, British Columbia, July 17, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“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.
VANCOUVER, British Columbia, July 04, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“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.