Company
Ultra Lithium Inc
CVE:ULI
Ultra Lithium Inc. is a Canadian Junior Mining exploration company with focus in lithium and rare earth metals.
29 stories
Ultra Lithium taken aback by Canadian government’s critical minerals announcement
The company said its board and management are “very surprised at Canada’s policy against Chinese investment in Canada’s lithium projects” and believes the announcement has been “detrimental to the company’s many Canadian shareholders"
Archive
Canada positioned to become a key producer of lithium, Canaccord says as it warns of critical supply-demand imbalance in North America
Canaccord highlighted a growing number of active development and exploration projects which could see Canada emerge as an important lithium producing nation in the medium-longer term
Ultra Lithium terminates its equity subscription agreement with Yahua
The exploration and development firm said the decision not to proceed with the investment was based on both parties’ assessment of the current international environment and its potential impact on the mine development cycle
Ultra Lithium updates on drill progress at Forgan Lake and Georgia Lake properties
Updating on progress, the company said core was being logged and marked, and samples will be shipped for assay over the next month
Ultra Lithium closes non-brokered private placement, issuing 2,156,278 units for gross proceeds of C$323,442
The company said the net proceeds from the sale of units will be used for general working capital purposes
Ultra Lithium announces new financing to help advance global portfolio of mineral assets
The firm is raising money through a non-brokered private placement of up to four million units at a price of $0.15 per unit for gross proceeds of $600,000
Ultra Lithium kicks off exploration activities at the Forgan Lake lithium property in Ontario
The lithium, gold, and copper exploration and development company said work on the property includes trenching, channel and bulk sampling, metallurgical test work, and diamond drilling
Ultra Lithium set to kick off drilling at the Georgia Lake lithium property in Ontario
“By taking advantage of the company’s exploration expertise and Yahua’s production capabilities in the hard rock lithium space and with the support of the local communities, we are at full strength to expedite the exploration work and move
Ultra Lithium signs definitive partnership agreement with Zangge Mining for Laguna Verde brine lithium project in Argentina
The company said Zangge will pay it $10 million in staged payments and invest $40 million in the Laguna Verde project as work expenditures in return for a 65% stake in its Ultra Argentina subsidiary, which holds the Laguna Verde property
Ultra Lithium closes first tranche of private placement, raises about C$1.1M
The lithium properties developer noted that proceeds from the offering will be used to fund the exploration of its Argentine and Canadian properties and for general working capital purposes
Ultra Lithium amends private placement to add flow-through component thanks to strong investor demand
The Vancouver-based exploration company said it will raise C$7,003,000 from the sale of units at a price of C$0.235 per unit, and flow-through units of the company (FT units) at a price of C$0.25 per FT unit for gross proceeds of up to C$2
Ultra Lithium reports encouraging progress at its Laguna Verde lithium brine project in Argentina
A geophysical study of the well indicated the presence of a continuous brine aquifer made up of “mainly classic” sediments from 13.9 metres to 205 metres depth, with a marked hydrothermal presence towards the deeper section
Ultra Lithium closes final tranche of non-brokered private placement raising gross proceeds of C$4,429,800
The net proceeds will be used to fund the exploration of the company's properties in Argentina, Ontario and Nevada and for general working capital purposes
Ultra Lithium completes sale of 60% of Georgia Lake and Forgan Lake properties in Ontario to Yahua and enters joint venture
The company’s CEO Dr Weiguo Lang said: “We are very excited about this agreement which will not only provide financial strength to the company but also will bring opportunities for the Northwestern Ontario Lithium exploration projects.”
Ultra Lithium says it has closed second tranche of private placement for gross proceeds of C$570,200
The company said the net proceeds will be used to fund the exploration of the company's properties in Argentina, Ontario, and Nevada as well as for general working capital purposes
Ultra Lithium enters joint venture with Yahua and announces private placement
"We are very pleased to enter this strategic partnership with Yahua as one of the major producers and suppliers of battery-grade lithium products in the world,” Ultra Lithium CEO Weiguo Lang said
NA Proactive news snapshot: Ultra Lithium, Vuzix, Great Atlantic Resources, Forte Minerals, East Side Games Group UPDATE ...
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Ultra Lithium wraps up acquisition of Forgan Lake lithium property in Ontario; provides corporate update
Located in the Thunder Bay district of northern Ontario, Forgan Lake consists of nearly 256 hectares of land adjacent to Ultra Lithium’s Lucky Lake claims
Ultra Lithium upsizes second tranche of its previously announced non-brokered private placement for aggregate gross proceeds of up to C$8.6M
The second tranche will raise up to C$5 million from the sale of 27,777,778 units at a price of C$0.18 each, increased from the previously announced $0.15 per unit
Ultra Lithium inks tie-up with Chinese giant Zangge to advance Laguna Verde brine asset in Argentina
The company and the Chinese group, which has a market cap of around US$8 billion, will work together to reach a definitive deal and Zangge will be responsible for extraction technology, a feasibility study and capital expenditures required