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    Ultra Lithium Closes Second Tranche of Private Placement

    Investing News Network
    Sep. 10, 2012 02:22PM PST
    Battery Metals

    Ultra Lithium Inc.(TSXV:ULI) announced that it has closed the second tranche of its private placement for gross proceeds of $500,000. The Company issued 10,000,000 units to BGMI associates as part of the second tranche.

    Ultra Lithium Inc. (TSXV:ULI) announced that it has closed the second tranche of its private placement for gross proceeds of $500,000. The Company issued 10,000,000 units to BGMI associates as part of the second tranche.

    As quoted in the press release:

    The units have an issue price of $0.05 per unit and are comprised of one (1) common share and one (1) share purchase warrant of the Company.

    Click here to read the Ultra Lithium Inc. (TSXV:ULI) press release.
    Click here to see the Ultra Lithium Inc. (TSXV:ULI) profile

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