ULTRA LITHIUM INC. ("ULI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 21, 2013:
Number of Shares: 90,000,000 shares
Purchase Price: $0.05 per share
Warrants: 45,000,000 share purchase warrants to purchase 45,000,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 9 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Chengdu Panjing Mining Investment Co. Ltd. (X. Chen) Y 20,000,000
Chengdu Tonghui Invest. Management Corp. (J. Peng) Y 20,000,000
Finders' Fees: 5,400,000 common shares payable to 3L Financial Ltd.
$67,500 and 1,350,000 common shares payable to Mackie Research Capital Corporation
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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