Ultra Lithium announced that Mr. Juan Orozco, General Manager of Argentinian subsidiary Ultra Argentina S.R.L. has signed an agreement purportedly between Ultra Argentina S.R.L. and Alto Grande Cobre S.A. to sell the Laguna Verde project to Alto Grande Cobre. This unauthorized action was taken without notice to the Company and without any legal authorization or validity. The terms of the Purported Agreement are: Payment [...]
Ultra Lithium announces it has reached a settlement agreement with Power Minerals with respect to the convertible loan agreement between the two companies. Under the terms of the settlement agreement Ultra Lithium will: Pay $50,000 AUD on or before December 5, 2024 to Power Minerals Transfer to Power Minerals all of Ultra Lithium's Canadian Mineral Claims - the Forgan Lake and Georgia Lake claims. The transfer will be [...]
Ultra Lithium Inc. today announces it has received a section 244 notice under the Bankruptcy and Insolvency Act from Power Minerals Ltd. . Power Minerals intends to make a court application to appoint a receiver over Ultra Lithium's assets to enforce Power Mineral's security under a convertible loan agreement between the two companies. Ultra Lithium may file a Notice of Intention to make a proposal to restructure the [...]
Ultra Lithium Inc. today announced it has received a default notice from Power Minerals Ltd. for the full repayment of amounts outstanding under a convertible loan agreement between the two companies. The Company and Power Minerals entered into the CLA on May 12, 2023. Under the CLA, Power Minerals advanced an interest-bearing loan of AUD $1.13 million to the Company. On October 25, 2023 the Company pre-paid the sum of [...]
Ultra Lithium Inc. today announced it has received a cash notice from Power Minerals Ltd. for the full repayment of amounts outstanding under a convertible loan agreement between the two companies. The Company and Power Minerals entered into the CLA on May 12, 2023. Under the CLA, Power Minerals advanced an interest-bearing loan of AUD $1.13 million to the Company. On October 25, 2023 the Company pre-paid the sum of AUD [...]
Ultra Lithium Inc. is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders . On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management's discussion and analysis for the year [...]
Ultra Lithium Inc. is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders . On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management's discussion and analysis for the year [...]
Ultra Lithium Inc. is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders . On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management's discussion and analysis for the year [...]
Ultra Lithium Inc. is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders . On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management's discussion and analysis for the year [...]
Ultra Lithium Inc. announces that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with National Policy 12-203 due to it not being able to file its annual financial statements and management's discussion and analysis for the year ended October 31, 2023 on SEDAR within 120 days of its financial year-end. The management cease trade order has been granted by the Company's [...]
Ultra Lithium Inc. is pleased to announce that the Company has completed all purchase payments for the Laguna Verde I, II and III licences . The Company has received a notarized deed of sale and has applied to the Catamarca Mining Office to register the title transfer from the vendor to Ultra Lithium's wholly owned subsidiary in Argentina, Ultra Argentina SRL. Highlights of the Laguna Verde Brine Lithium Project In [...]
Ultra Lithium Inc. 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 [...]
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