Latest Ultra Lithium (ULTXF) Headlines Ultra Lith
Post# of 3
Ultra Lithium Enters Into a Letter of Intent for South Big Smoky Valley, Nevada Joint Venture
Marketwire - Mon Oct 28, 8:15AM CDT
Ultra Lithium Inc. (TSX VENTURE: ULI) ("Ultra" or "the Company") is pleased to announce that it has signed a non-binding Letter of Intent ('LOI") with CCG Mining (Canada) Inc. ("CCG") with respect to a joint venture to explore and develop ULI's South Big Smoky Valley claims located in Nevada, USA (the "Property"). CCG Mining Inc. is a subsidiary of CCG Group which is a state owned entity responsible for prospecting and exploring mineral deposits in China as well as around the world. It was established in 1972 and is headquartered in Jinan, the Capital City of Shandong province, China. CCG Group has over a thousand geologists and supporting staff.
Canadian Orebodies Consolidates Ownership of ZigZag Property
Marketwire - Thu Oct 17, 8:16AM CDT
Canadian Orebodies Inc. (TSX VENTURE: CO) ("the Company") is pleased to announce that it has acquired the remaining 20% interest in its ZigZag Lithium Property ("the Property") held by Ultra Lithium Inc. (TSX VENTURE: ULI). The Company now holds an undivided 100% interest in the Property. As consideration for the purchase, Canadian Orebodies has agreed to issue 500,000 common shares of the Company to Ultra Lithium Inc. The Property consists of 129 claim units totalling 2,064 hectares located approximately 60km northeast of Armstrong, Ontario.
Ultra Lithium Commences Drilling at the Balkans Lithium and Boron Properties in Serbia
Marketwire - Thu Jul 25, 8:16AM CDT
Ultra Lithium (TSX VENTURE: ULI)(FRANKFURT: QFB) ("the Company" or "Ultra") is pleased to announce that drilling has commenced on the Company's lithium and boron targets in Serbia. The initial phase of drilling will consist of approximately 3,500 meters of core in 7 holes testing anomalous AMT targets in the Blace and Valjevo East prospecting licenses. The first four drill holes will test the Blace prospecting license, and the subsequent three drill holes will test targets at the Valjevo East prospecting license. The Company has commissioned a second drill rig which will be mobilized to the property within the next 2 weeks.
Ultra Lithium Finalizes Joint Venture Terms With BGMI on Balkans Project in Serbia
Marketwire - Tue Jun 18, 8:16AM CDT
Ultra Lithium (TSX VENTURE: ULI)(FRANKFURT: QFB) ("the Company" or "Ultra") is pleased to announce that further to its news release dated May 31, 2012, the Company has finalized terms with Beijing Guofang Mining Investment Co., Ltd. ("BGMI") for the joint exploration and development of Ultra's Balkans project.
Ultra Lithium Commences Work Program on Its Lithium and Boron Properties
Marketwire - Mon May 27, 8:16AM CDT
Ultra Lithium Inc. (TSX VENTURE: ULI)(FRANKFURT: QFB) ("the Company" or "Ultra") is pleased to announce that geophysical crews have mobilized to Serbia to begin Phase 2 exploration work on the Company's 643 km2 lithium and boron properties.
Ultra Lithium Completes Second Tranche of Private Placement
Marketwire Canada - Mon Apr 29, 8:10AM CDT
Ultra Lithium Inc. (TSX VENTURE:ULI) ("the Company" or "Ultra") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement first announced on January 21, 2013. The Company has raised an additional $2,000,000 through the issuance of 40,000,000 units at $0.05 per unit. Combined with the first tranche which closed on March 12, 2013, Ultra has raised a total of $4,500,000.
Ultra Lithium Closes First Tranche of Private Placement
Marketwire - Tue Mar 12, 12:59PM CDT
Ultra Lithium (TSX VENTURE: ULI)(FRANKFURT: QFB) ("the Company" or "Ultra") is pleased to announce that it has closed the first tranche of its $4.5 million non-brokered private placement previously announced on January 21, 2013. Ultra Lithium raised $2,500,000 through the issuance of 50,000,000 units at a price of $0.05 per unit. Each unit consists of one common share and one common share purchase warrant of the Company. Each warrant entitles the holder to acquire an additional common share of the Company at $0.10 per share at any time until March 12, 2015.
Ultra Lithium Arranges a Financing
Marketwire - Thu Jan 24, 3:06PM CST
Ultra Lithium Inc. (TSX VENTURE: ULI)(FRANKFURT: QFB) ("the Company") is pleased to announce that it has arranged for a non-brokered private placement of units (the "Units") of securities of the Company at a price of $0.05 per Unit for gross proceeds of up to $4,500,000. Each Unit will consist of one common share of the Company and one common share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase an additional common share of the Company at an exercise price of $0.10 per share for a period of two years from closing of the private placement.