ULI.V Price: 0.170 Change: +0.00 Volume: 21500 15-20 min delay view details
Vancouver, B.C., October 17, 2013 – Ultra Lithium Inc. (TSX-V: ULI) (“Ultra” or “the Company”) The Company is pleased to welcome a world-class borate and lithium expert, Mr. Jerry Aiken, to the Company’s Technical Advisory Board.
Mr. Aiken has more than 42 years of experience in the mineral exploration business involving base and precious metals and industrial minerals with most recent emphasis on Lithium, Potash and Borates. He has been involved in project generation, geologic mapping, geochemical evaluation, drill program supervision and regional program management throughout the Western United States, Canada, Mexico, South America and parts of Europe.
Marc Morin, CEO and Director, said, “We are delighted to add someone of Mr. Aiken’s caliber to our team at Ultra Lithium. He brings a vast amount of international experience and will be a valuable asset to the Company. We look forward to working with Jerry in advancing and developing the Company’s lithium and boron project in Serbia.”
The Company also wishes announce it has entered into an agreement with Canadian Orebodies Inc. (“Orebodies”) for the sale of the Company’s remaining 20% interest in the ZigZag Lake property in Ontario. As consideration, 500,000 shares of Orebodies shall be issued to the Company.
ON BEHALF OF THE BOARD OF DIRECTORS,
Ultra Lithium Inc.
Per: “Marc Morin”
CEO and Director
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