Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF, Frankfurt: QFB)

Ultra Lithium: Advancing Canadian and Argentinian Lithium Assets to Meet Growing Demand


Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF, Frankfurt: QFB), OTCQB: ULTXF, Frankfurt: QFB) leverages a portfolio of diversified lithium deposits to meet an ever-expanding global demand for this critical metal that will help power the world’s decarbonization efforts.

Ultra Lithium is aggressively pursuing its lithium projects in Argentina and Canada, each at various stages of their drilling programs.The company’s Canadian assets include Georgia Lake and Forgan Lake, both of which have lithium pegmatite deposits. Developing partnerships and support with local First Nations communities is an important aspect of Ultra Lithium’s core values. In September 2022, the company signed an exploration agreement with the Biinjitiwaabik Zaaging Anishinaabek (BZA) community for continuing exploration and future development of the Forgan Lake property with the support of the BZA community.

Ultra Lithium

Ultra Lithium’s Argentina lithium brine project, Laguna Verde, covers over 7,569 hectares and is within the world-renowned Lithium Triangle, known for producing more than 50 percent of the world’s lithium. Its rich lithium brine deposits make it suitable for direct lithium extraction (DLE), an emerging extraction technology. DLE is a more sustainable, economic and time-sensitive method of extracting high-purity lithium compared to conventional methods.

Company Highlights

  • Ultra Lithium Inc. is a Canadian exploration and development company focusing on diverse lithium and gold deposits.
  • The company is pursuing its two lithium projects in Argentina and Canada in parallel, with both receiving equal priority and attention.
  • Ultra Lithium’s Canadian lithium assets target hard rock pegmatite deposits and have the support and partnership of First Nations communities.
  • The company’s Laguna Verde Argentina project is within the famous Lithium Triangle and contains rich lithium brine deposits.
  • An experienced management team leads Ultra Lithium with the expertise necessary to explore and develop its substantial assets.

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Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF, Frankfurt: QFB)

Ultra Lithium


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Advancing Canadian and Argentinian Lithium Assets to Meet Growing Demand

Ultra Lithium Inc. Appoints Directors

Ultra Lithium Inc. Appoints Directors

Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) ("Ultra Lithium" or the "Company") is pleased to announce that Kiki Smith and Graham Adria have been appoint to the Company's board of directors.

Graham Adria was appointed to the board of directors on November 15, 2023. Graham Adria has extensive experience as a corporate lawyer and currently works for an international law firm in Beijing. He is experienced in cross-border transactions in the resources sector, particularly on small and mid-cap mining transactions into Africa and Asia. Graham received his Bachelor of Arts (Honors) in Political Science from the University of Alberta and his Juris Doctor from Osgoode Hall. Graham is called to the bar in Ontario.

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CORRECTING and REPLACING - Ultra Lithium Inc. Closes Private Placement

CORRECTING and REPLACING - Ultra Lithium Inc. Closes Private Placement

In a news release issued Friday, August 11, 2023, by Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) under the same headline, please note the Warrant Share price in the second paragraph should be "$0.25 in the second twelve months following issuance" rather than "$0.12 in the second twelve months following issuance" as originally issued. Complete corrected text follows.

Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) ("Ultra Lithium" or the "Company") is pleased to announce that it has closed a non-brokered private placement issuing 18,181,819 Units at a price of C$0.055 per Unit for gross proceeds of C$1,000,000.

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Ultra Lithium Invites Shareholders and Investment Community To Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023

Ultra Lithium Invites Shareholders and Investment Community To Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023

Ultra Lithium Corp. (TSXV: ULT) (OTCQB: ULTXF) ("Ultra" or the "Company") is pleased to be exhibiting in Toronto this weekend at Booth #2353 at the Prospectors & Developers Association of Canada's (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 5 to Wednesday, March 8, 2023.

ABOUT Ultra Lithium

Ultra Lithium is an exploration and development company with a focus on the acquisition and development of lithium, gold and copper assets. The company holds a brine lithium property in Argentina, hard rock spodumene type lithium properties at the Georgia Lake/Forgan Lake area in Northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nev., United States. The company also holds other gold and base metals properties in Argentina.

Additional information about Ultra and its operations can be found on the Company website at https://ultralithium.com/. Follow us on Twitter @Ultra_Lithium and LinkedIn at https://www.linkedin.com/company/ultra-lithium-inc.

On behalf of the Board of Directors
Kiki Smith, CFO

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Ultra Lithium Completes 3,500 Meters Drilling to Date at Forgan Lake and Georgia Lake Lithium Properties Northwestern Ontario Intersecting Lithium Pegmatites With Widths Up to 15 Meters

Ultra Lithium Completes 3,500 Meters Drilling to Date at Forgan Lake and Georgia Lake Lithium Properties Northwestern Ontario Intersecting Lithium Pegmatites With Widths Up to 15 Meters

Ultra Lithium Inc. ( TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB ) ("Ultra Lithium" or "the Company") is pleased to provide an update on drilling progress at its Forgan Lake and Georgia Lake Lithium properties in northwestern Ontario, Canada. To date, the Company has completed 31 NQ and HQ size drill holes for over 3,500 meters of diamond drilling over the two properties. Several drill holes intersected lithium pegmatites of various widths ranging from 0.5 m to 15 m. Drill-core is presently stored at the Pleson Geoscience Core yard in Nipigon, ON where it is being logged and sample intervals marked. The drill core will be cut using a rock saw and samples will be shipped for assay over the next month.

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CATL Mine Restart Pressures Australian Lithium Market

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Operations were halted in August when the mine’s licence expired, with the suspension expected to last three months.

Located in Yichun, Jiangxi province, Jianxiawo produces about 65,000 tonnes of lithium carbonate equivalent annually, roughly 6 to 8 percent of global supply. It is the largest mine in Yichun, often referred to as China’s “lithium capital.”

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New mineralised pegmatites identified at Lithium Ridge as exploration drilling commences with SQM

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One of those investments is Arafura Rare Earths (ASX:ARU,OTC Pink:ARAFF), which even in a low price environment for rare earths managed to secure nearly AU$1.5 billion in debt financing in mid-2024 to advance its Nolans project in the Northern Territory. With a 10 percent equity stake, Rinehart’s Hancock Prospecting is Arafura's largest shareholder.

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The DRC mining registry confirmed on Wednesday (August 27) that the permits cover ground in both the Tanganyika and Haut-Lomami provinces, including four in Manono territory, home to the massive Roche Dure lithium deposit.

The approvals follow a July agreement between KoBold and the DRC government that positioned the company to acquire and develop the disputed Manono project, considered one of world's largest untapped lithium deposits.

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