Entries by Matthew Schade

Ultra Lithium Receives Drilling Permit and Signs Drill Contract for Exploration at the South Big Smoky Valley Brine Lithium Project

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it has received its notice-of-intent exploration work permit from the Bureau of Land Management (BLM) to conduct Phase 1 exploratory drilling at its 100% owned South Big Smoky Valley brine lithium project in Nevada, USA. The Company […]

Ultra Lithium Announces Private Placement

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 5,000,000 units (the “Units”) of the Company at a price of $0.10 per Unit for aggregate proceeds of up to CDN$500,000. Each Unit will […]

Ultra Lithium’s Sampling Program Confirms Presence of Anomalous Lithium Values in Sediments at the South Big Smoky Valley Brine Lithium Project

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce assay results from December 2015 sampling program completed at its 100% owned South Big Smokey Valley brine lithium project. The results not only confirmed presence of lithium in sediments but also indicated anomalous values of boron and potassium. […]

Ultra Lithium Announces Grant of Options

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) wishes to announce that it has granted 2,920,000 stock options to certain directors, officers and consultants pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.13 per share and an expiry date of March 8, 2026. About […]

Ultra Lithium Identifies Brine Lithium Exploration Targets at the South Big Smoky Valley Brine Lithium Project

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it has received the Controlled Source Audio-Frequency Magneto-telluric (CSAMT) ground geophysical survey data interpretation report which identifies several very interesting brine lithium exploration targets at its 100% owned South Big Smokey Valley brine lithium project in Nevada, USA. […]

Ultra Lithium Announces Shares for Debt Transaction

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) has entered into a shares for debt agreement, pursuant to which ULI will issue 100,000 common shares in satisfaction of $8,000 of indebtedness owed to a former officer of the Company for unpaid expenses. ULI determined to satisfy the indebtedness with common […]

Ultra Lithium Announces Closing of Private Placement

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it has completed the sale of 8,970,000 units at $0.05 per unit and 8,600,000 units at $.0525 per unit for total gross proceeds of $900,000. Each Unit is comprised of one common share and one common share […]

Ultra Lithium Announces Increase in Size of Private Placement

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that due to the oversubscription of its previously announced non-brokered private placement, the Company is increasing the size of its private placement. The Company will now issue up to 8,970,000 units at $0.05 per unit and up to […]

Ultra Lithium Announces Private Placement

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 9,000,000 units (the “Units”) of the Company at a price of $0.05 per Unit for aggregate proceeds of up to CDN$450,000. Each Unit […]