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Ultra Lithium Inc. Closes Second Tranche of Private Placement

Globe Newswire - Wed May 4, 2022

VANCOUVER, British Columbia., May 04, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is pleased to announce that it has closed the second tranche of its previously announced private placement (the “Private Placement”) for gross proceeds of C$570,200. The Company sold 3,167,778 units of the Company (each, an “Unit”) at a price of C$0.18 per Unit.

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