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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.
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 discussion and analysis (“MD&A”) for the year ended October 31, 2023, and the related CEO and CFO certifications (collectively, the “Annual Filings”) on SEDAR within 120 days of its financial year-end. The management cease trade order has been granted by the Company's principal regulator, the British Columbia Securities Commission.
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 discussion and analysis (“MD&A”) for the year ended October 31, 2023, and the related CEO and CFO certifications (collectively, the “Annual Filings”) on SEDAR within 120 days of its financial year-end. The management cease trade order has been granted by the Company's principal regulator, the British Columbia Securities Commission.
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 discussion and analysis (“MD&A”) for the year ended October 31, 2023, and the related CEO and CFO certifications (collectively, the “Annual Filings”) on SEDAR within 120 days of its financial year-end. The management cease trade order has been granted by the Company's principal regulator, the British Columbia Securities Commission.
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