Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce the appointment of Mr. Edward Kelly as a Director to fill the vacancy created by the resignation of Mr. Roopinder Mundi. Mr. Mundi has resigned from the Board of Directors of Ultra effective today due to prior commitments. The Board would like to thank Mr. Mundi for his service to the Company and wishes him the best in his future endeavours.
Mr. Kelly is a Director, President & CEO of Inca One Metals Corp. (TSXV: IO), a Director of Prescient Mining Corp. (TSXV: PMC) and a Director of Lornex Capital Inc. (TSXV: LOM). He is an entrepreneur with over 20 years of management experience in sales, marketing and business development. The majority of Mr. Kelly’s experience comes in the form of working with private and public companies where he has served as an officer and a director of ClickHouse.com and Dajin Resources Corp. Mr. Kelly obtained his Bachelor of Business Administration from Trinity Western University.
Mr. Kelly has been granted 250,000 stock options of the Company at a price of $0.10 per share expiring five years from date of grant.
On behalf of the Board of Directors
Marc Morin, President & CEO
Cautionary Statement Regarding “Forward-Looking” Information
Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
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