Ultra Lithium Inc. Closes Private Placement
![Ultra Lithium Inc. Closes Private Placement](https://www.minenportal.de/media/goldseiten-news.jpg)
The proceeds from the Private Placement will be used to fund the exploration of the Company’s Argentine properties and for general working capital purposes.
All securities issued under the private placement will be subject to a four month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. The private placement is subject to final approval by the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
“Kiki Smith”
Kiki Smith, CFO
About Ultra Lithium Inc.
Ultra Lithium is an exploration and development company with a focus on the acquisition and development of lithium assets. The Company currently holds brine exploration properties in Catamarca, Argentina and Nevada, USA and two hard rock spodumene type lithium properties in Ontario, Canada.
FOR FURTHER INFORMATION CONTACT:
For further information, please contact the Company at:
Attention: Kiki Smith
Telephone: 778 968-1176
Facsimile: 604 909-4682
Email:kiki@ultralithium.com
Website: www.ultralithium.com or view the Company’s filings at www.SEDAR.com.