BULLETIN V2024-0615
ULTRA LITHIUM INC. ("ULT")
BULLETIN TYPE: Private Placement - Non-Brokered
BULLETIN DATE: February 26, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on August 31, 2023:
Number of Shares: 3,636,364 common share units ("Units"), each Unit consisting of one common share in the capital of the Company ("Share") and one-half of one Share purchase warrant ("Warrant").
Purchase Price: $0.055 per Unit.
Warrants: 1,818,182? Warrants to purchase 1,818,182? Shares.
Warrant Term: Exercisable for a period of 24 months from the date of issuance at a price of $0.11 per Share in the first 12 months, and $0.25 per Share thereafter.
Number of Placees: 1 placee.
Finder's Fees: None.
Insider / Pro Group Participation: None.
The Company issued a news release on September 7, 2023, to confirm the closing of the Private Placement. Note that in certain circumstances the Exchange may later extend the expiry date of the Warrants, if they are less than the maximum permitted term.
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