View Past PerformanceUltra Lithium バランスシートの健全性財務の健全性 基準チェック /26Ultra Lithiumの総株主資本はCA$5.6M 、総負債はCA$439.6Kで、負債比率は7.8%となります。総資産と総負債はそれぞれCA$8.9MとCA$3.3Mです。主要情報7.80%負債資本比率CA$439.62k負債インタレスト・カバレッジ・レシオn/a現金CA$157.51kエクイティCA$5.63m負債合計CA$3.31m総資産CA$8.94m財務の健全性に関する最新情報お知らせ • Jul 18Ultra Lithium Inc. Receives Default Notice from Power Minerals LimitedUltra Lithium Inc. announced it has received a default notice from Power Minerals Limited 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 150,000 to Power Minerals. The July 16, 2024 Default Notice demands repayment by the Company of the full outstanding balance under the CLA in the amount of AUD 1,102,542 within 10 business days of receipt of the Default Notice. If the Company is unable to make the payment in a timely manner, Power Minerals has stated it intends to enforce its rights under security granted by the Company to Power Minerals. The Company entered into a general security agreement and a share pledge agreement with Power Minerals as security for amounts outstanding under the CLA.お知らせ • Jul 01Power Issues Cash Notice to Ultra Lithium for Loan RepaymentPower Minerals Limited advised that it has issued a cash notice to Ultra Lithium Inc. for the full repayment of the amounts outstanding under a convertible loan agreement (CLA) between the two companies. The Cash Notice was issued under the CLA and demands that Ultra Lithium repay AUD 1,098,246 within 10 business days of receipt of the notice (Debt). Failure to pay within this timeframe will constitute a default under the CLA and will allow Power to initiate enforcement actions to recover the Debt, including by enforcing the security interests held against Ultra Lithium's Argentinian and Canadian mineral projects (Security Interests). Power Minerals and Ultra Lithium entered into a binding term sheet on 11 May 2023 (BTS) which contemplated the entry into the CLA. In accordance with the BTS, Power attempted to complete the BTS transaction. However, as per PNN ASX announcement dated 19 July 2023, Power confirmed that it had identified key matters of concern, which, in conjunction with Ultra Lithium's lack of substantive engagement in respect of the BTS transaction, had caused serious concerns as to whether the BTS transaction would complete. Under the CLA, Power advanced an interest-bearing loan of AUD 1.13 million to Ultra Lithium on 12 May 2023. The loan, together with accrued interest, is repayable on demand by the Company at any time by the issue of shares in Ultra Lithium Inc. or in cash at any time after 30 June 2024. On 25 October 2023, Power received a pre- payment of AUD 150,000 under the CLA. On 1 July 2024, Power issued a Cash Notice to Ultra Lithium demanding full repayment of the Debt. The Debt specified in the Cash Notice as AUD 1,098,246 already accounts for the pre-payment of AUD 150,000 received in October 2023. The Cash Notice also specified that the Debt must be repaid within 10 business days of receipt of the Cash Notice. If Ultra Lithium fails to repay the Debt in accordance with the Cash Notice, Power will issue a default notice in accordance with the CLA. If Ultra Lithium defaults in respect of repayment of the Debt, Power intends to enforce recovery of the Debt to ensure full repayment under the CLA, including by enforcing its rights under the Security Interests. The CLA and BTS between Power and Ultra Lithium will remain in full force and effect until the claim for repayment under the CLA is resolved to the reasonable satisfaction of Power.すべての更新を表示Recent updatesお知らせ • Apr 14Ultra Lithium Inc., Annual General Meeting, Jun 11, 2025Ultra Lithium Inc., Annual General Meeting, Jun 11, 2025. Location: british columbia, vancouver Canadaお知らせ • Jul 18Ultra Lithium Inc. Receives Default Notice from Power Minerals LimitedUltra Lithium Inc. announced it has received a default notice from Power Minerals Limited 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 150,000 to Power Minerals. The July 16, 2024 Default Notice demands repayment by the Company of the full outstanding balance under the CLA in the amount of AUD 1,102,542 within 10 business days of receipt of the Default Notice. If the Company is unable to make the payment in a timely manner, Power Minerals has stated it intends to enforce its rights under security granted by the Company to Power Minerals. The Company entered into a general security agreement and a share pledge agreement with Power Minerals as security for amounts outstanding under the CLA.お知らせ • Jul 01Power Issues Cash Notice to Ultra Lithium for Loan RepaymentPower Minerals Limited advised that it has issued a cash notice to Ultra Lithium Inc. for the full repayment of the amounts outstanding under a convertible loan agreement (CLA) between the two companies. The Cash Notice was issued under the CLA and demands that Ultra Lithium repay AUD 1,098,246 within 10 business days of receipt of the notice (Debt). Failure to pay within this timeframe will constitute a default under the CLA and will allow Power to initiate enforcement actions to recover the Debt, including by enforcing the security interests held against Ultra Lithium's Argentinian and Canadian mineral projects (Security Interests). Power Minerals and Ultra Lithium entered into a binding term sheet on 11 May 2023 (BTS) which contemplated the entry into the CLA. In accordance with the BTS, Power attempted to complete the BTS transaction. However, as per PNN ASX announcement dated 19 July 2023, Power confirmed that it had identified key matters of concern, which, in conjunction with Ultra Lithium's lack of substantive engagement in respect of the BTS transaction, had caused serious concerns as to whether the BTS transaction would complete. Under the CLA, Power advanced an interest-bearing loan of AUD 1.13 million to Ultra Lithium on 12 May 2023. The loan, together with accrued interest, is repayable on demand by the Company at any time by the issue of shares in Ultra Lithium Inc. or in cash at any time after 30 June 2024. On 25 October 2023, Power received a pre- payment of AUD 150,000 under the CLA. On 1 July 2024, Power issued a Cash Notice to Ultra Lithium demanding full repayment of the Debt. The Debt specified in the Cash Notice as AUD 1,098,246 already accounts for the pre-payment of AUD 150,000 received in October 2023. The Cash Notice also specified that the Debt must be repaid within 10 business days of receipt of the Cash Notice. If Ultra Lithium fails to repay the Debt in accordance with the Cash Notice, Power will issue a default notice in accordance with the CLA. If Ultra Lithium defaults in respect of repayment of the Debt, Power intends to enforce recovery of the Debt to ensure full repayment under the CLA, including by enforcing its rights under the Security Interests. The CLA and BTS between Power and Ultra Lithium will remain in full force and effect until the claim for repayment under the CLA is resolved to the reasonable satisfaction of Power.お知らせ • Nov 19Ultra Lithium Inc. Announces Board AppointmentsUltra Lithium Inc. 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 mid-cap mining transactions into Africa and Asia. Graham received his Bachelor of Arts (Honors) in Political Science from the University of Alberta and his Juris Doctor from Osgoode Hall. Graham is called to the bar in Ontario. Kiki Smith was elected to the Company’s board of directors at the annual general meeting of shareholders on May 24, 2023. Kiki holds a CPA designation and has over 20 years of experience in the mining, technology and food services sectors. Kiki currently serves as a director and CFO of various issuers.お知らせ • Aug 12Ultra Lithium Inc. announced that it has received CAD 1 million in fundingUltra Lithium Inc. announced a non-brokered private placement of 18,181,819 units at a price of CAD 0.055 per unit for gross proceeds of CAD 1,000,000 on August 11, 2023. Each unit will be comprised of one common share and one half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at CAD 0.11 per warrant share in the first twelve months following issuance and at CAD 0.12 per warrant share in the second twelve months following issuance. The company will pay finder’s fees of CAD 30,000 in cash and issue 545,455 finder’s shares. The transaction is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange. The unit shares, warrant shares and finders shares will be subject to a hold period of four months and one day in accordance with applicable securities laws.お知らせ • May 17Power Minerals Limited (ASX:PNN) entered into Letter of Intent to acquire Ultra Argentina and Ultra Minerals from Ultra Lithium Inc. (TSXV:ULT).Power Minerals Limited (ASX:PNN) entered into Letter of Intent to acquire Ultra Argentina and Ultra Minerals from Ultra Lithium Inc. (TSXV:ULT) on May 16, 2023. A first tranche of 25 million shares are to be issued once relevant regulatory and shareholder approvals are received by both Power and Ultra Lithium.Upon completion of the due diligence and finalisation of the Acquisition Agreement, Power and Ultra Lithium will undertake general meetings with respective shareholders to seek final approval of the Acquisition Agreement. Ultra Lithium will also seek approval from TSX-V for a convertible note that will be provided by Power to Ultra Lithium.お知らせ • Feb 09Ultra Lithium Inc. Intersects 2.68% Lithium Oxide At the Forgan Lake Lithium Property in Northern Ontario, CanadaUltra Lithium Inc. announced that the Company has received the first batch of drilling results from four diamond drill holes at its 100% owned Forgan Lake Lithium Property in northwestern Ontario, Canada. The drilling was contracted to Diafore Drilling Inc. from Quebec who completed 31 NQ and HQ size core drill holes with a cumulative drilling of 3,635 metres. The results of four drill holes intersected lithium pegmatites of various widths. Highlights: Drill Hole FL22-19 intersected two pegmatite zones with the upper 7 m wide pegmatite averaging 1.35% lithium oxide (Li2O) at 15.44 m drilled depth, including one meter of 2.68% Li2O and 2 m of 1.89% Li2O. The lower 6.81 m wide pegmatite averaged 0.52% Li2O at 26.44 m drilled depth, including the top one meter of1.08% Li2O. Drill Hole FL22-20 intersected three pegmatites with the upper 11-meter-wide pegmatite averaging 1.1% Li2O at 7.95 m drilled depth. The lower two pegmatites are thinner in widths and lower grade. Drill Hole FL22-21 intersected three lithium pegmatites with the upper four meter wide pegmatite averaging 1.21% Li2O at 8 m drilled depth; the middle eight meter wide pegmatite averaging 1.13% Li2O at 16 m drilled depth; the lower seven meter wide pegmatite averaging 1.04% Li2O at 26 m drilled depth. Drill Hole FL22-22 intersected an 18-meter-wide pegmatite with averaging 0.56% Li2O at 37.22 m drilled depth, including a two-meter-wide zone of 1.38% Li2O at 47.22 m depth. All intersections reported are based on drilled widths and have not been converted to the true width. The drill core was logged and sampled using a rock saw at Pleson Geoscience core shack located in Nipigon, ON. The samples were bagged and tagged using best practices and were delivered to Activation Laboratories (“ACTLABS”), Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2). ACTLABS is an independent commercial, accredited ISO Certified Laboratory. Ultra Lithium is preparing a CIM/NI 43-101 resource estimate based on the 31 drill holes completed in 2022 and 39 historical drill holes on the Property. Forgan Lake Project: The Forgan Lake property consists of approximately 256 hectares land in 20 mining claims located in the Thunder Bay Mining District in Northwestern Ontario, Canada. It is located adjacent to the north of Ultra Lithium’s Lucky Lake claim block comprised of 15 mining claims. The Property has excellent infrastructure support, and the First Nations communities are very cooperative for the economic progress of the region through development of mining resources. Historical work on the Forgan Lake Property was first carried out by Lun-Echo Gold Mines Limited during 1955-61 period. The exploration work included 39 drill holes, aggregating 10,561 feet drilling on the eastern side of Forgan Lake. Lithium mineralization on the Property comprised of six spodumene-bearing lithium pegmatites which are mostly parallel to the metasediments. Highlights: Lithium mineralization is comprised of six spodumene-bearing pegmatites; Three 2019 grab samples showed lithium values of 6.93% lithium oxide (Li2O), 6.90% Li2O and 4.88% Li2O; Historical exploration in the 1950s’ included 39 drill holes, aggregating 10,561 feet; Three historical channel cut samples returned average 2.57% Li2O over a width of 21 feet (6.4 m); Two historical channel cut samples averaged 4.23% Li2O over 24.5 feet (7.46m).財務状況分析短期負債: ULTX.Fの 短期資産 ( CA$195.4K ) は 短期負債 ( CA$3.3M ) をカバーしていません。長期負債: ULTX.Fには長期負債はありません。デット・ツー・エクイティの歴史と分析負債レベル: ULTX.Fの 純負債対資本比率 ( 5% ) は 満足できる 水準であると考えられます。負債の削減: ULTX.Fの負債対資本比率は、過去 5 年間で0%から7.8%に増加しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 現在のフリーキャッシュフローに基づいて、 ULTX.Fに十分なキャッシュランウェイがあるかどうかを判断するにはデータが不十分です。キャッシュランウェイの予測: ULTX.Fの フリー キャッシュ フロー が過去のレートに基づいて増加または減少し続ける場合、十分な キャッシュ ランウェイ があるかどうかを判断するためのデータが不十分です。健全な企業の発掘7D1Y7D1Y7D1YMaterials 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 19:38終値2026/05/15 00:00収益2025/07/31年間収益2024/10/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ultra Lithium Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jul 18Ultra Lithium Inc. Receives Default Notice from Power Minerals LimitedUltra Lithium Inc. announced it has received a default notice from Power Minerals Limited 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 150,000 to Power Minerals. The July 16, 2024 Default Notice demands repayment by the Company of the full outstanding balance under the CLA in the amount of AUD 1,102,542 within 10 business days of receipt of the Default Notice. If the Company is unable to make the payment in a timely manner, Power Minerals has stated it intends to enforce its rights under security granted by the Company to Power Minerals. The Company entered into a general security agreement and a share pledge agreement with Power Minerals as security for amounts outstanding under the CLA.
お知らせ • Jul 01Power Issues Cash Notice to Ultra Lithium for Loan RepaymentPower Minerals Limited advised that it has issued a cash notice to Ultra Lithium Inc. for the full repayment of the amounts outstanding under a convertible loan agreement (CLA) between the two companies. The Cash Notice was issued under the CLA and demands that Ultra Lithium repay AUD 1,098,246 within 10 business days of receipt of the notice (Debt). Failure to pay within this timeframe will constitute a default under the CLA and will allow Power to initiate enforcement actions to recover the Debt, including by enforcing the security interests held against Ultra Lithium's Argentinian and Canadian mineral projects (Security Interests). Power Minerals and Ultra Lithium entered into a binding term sheet on 11 May 2023 (BTS) which contemplated the entry into the CLA. In accordance with the BTS, Power attempted to complete the BTS transaction. However, as per PNN ASX announcement dated 19 July 2023, Power confirmed that it had identified key matters of concern, which, in conjunction with Ultra Lithium's lack of substantive engagement in respect of the BTS transaction, had caused serious concerns as to whether the BTS transaction would complete. Under the CLA, Power advanced an interest-bearing loan of AUD 1.13 million to Ultra Lithium on 12 May 2023. The loan, together with accrued interest, is repayable on demand by the Company at any time by the issue of shares in Ultra Lithium Inc. or in cash at any time after 30 June 2024. On 25 October 2023, Power received a pre- payment of AUD 150,000 under the CLA. On 1 July 2024, Power issued a Cash Notice to Ultra Lithium demanding full repayment of the Debt. The Debt specified in the Cash Notice as AUD 1,098,246 already accounts for the pre-payment of AUD 150,000 received in October 2023. The Cash Notice also specified that the Debt must be repaid within 10 business days of receipt of the Cash Notice. If Ultra Lithium fails to repay the Debt in accordance with the Cash Notice, Power will issue a default notice in accordance with the CLA. If Ultra Lithium defaults in respect of repayment of the Debt, Power intends to enforce recovery of the Debt to ensure full repayment under the CLA, including by enforcing its rights under the Security Interests. The CLA and BTS between Power and Ultra Lithium will remain in full force and effect until the claim for repayment under the CLA is resolved to the reasonable satisfaction of Power.
お知らせ • Apr 14Ultra Lithium Inc., Annual General Meeting, Jun 11, 2025Ultra Lithium Inc., Annual General Meeting, Jun 11, 2025. Location: british columbia, vancouver Canada
お知らせ • Jul 18Ultra Lithium Inc. Receives Default Notice from Power Minerals LimitedUltra Lithium Inc. announced it has received a default notice from Power Minerals Limited 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 150,000 to Power Minerals. The July 16, 2024 Default Notice demands repayment by the Company of the full outstanding balance under the CLA in the amount of AUD 1,102,542 within 10 business days of receipt of the Default Notice. If the Company is unable to make the payment in a timely manner, Power Minerals has stated it intends to enforce its rights under security granted by the Company to Power Minerals. The Company entered into a general security agreement and a share pledge agreement with Power Minerals as security for amounts outstanding under the CLA.
お知らせ • Jul 01Power Issues Cash Notice to Ultra Lithium for Loan RepaymentPower Minerals Limited advised that it has issued a cash notice to Ultra Lithium Inc. for the full repayment of the amounts outstanding under a convertible loan agreement (CLA) between the two companies. The Cash Notice was issued under the CLA and demands that Ultra Lithium repay AUD 1,098,246 within 10 business days of receipt of the notice (Debt). Failure to pay within this timeframe will constitute a default under the CLA and will allow Power to initiate enforcement actions to recover the Debt, including by enforcing the security interests held against Ultra Lithium's Argentinian and Canadian mineral projects (Security Interests). Power Minerals and Ultra Lithium entered into a binding term sheet on 11 May 2023 (BTS) which contemplated the entry into the CLA. In accordance with the BTS, Power attempted to complete the BTS transaction. However, as per PNN ASX announcement dated 19 July 2023, Power confirmed that it had identified key matters of concern, which, in conjunction with Ultra Lithium's lack of substantive engagement in respect of the BTS transaction, had caused serious concerns as to whether the BTS transaction would complete. Under the CLA, Power advanced an interest-bearing loan of AUD 1.13 million to Ultra Lithium on 12 May 2023. The loan, together with accrued interest, is repayable on demand by the Company at any time by the issue of shares in Ultra Lithium Inc. or in cash at any time after 30 June 2024. On 25 October 2023, Power received a pre- payment of AUD 150,000 under the CLA. On 1 July 2024, Power issued a Cash Notice to Ultra Lithium demanding full repayment of the Debt. The Debt specified in the Cash Notice as AUD 1,098,246 already accounts for the pre-payment of AUD 150,000 received in October 2023. The Cash Notice also specified that the Debt must be repaid within 10 business days of receipt of the Cash Notice. If Ultra Lithium fails to repay the Debt in accordance with the Cash Notice, Power will issue a default notice in accordance with the CLA. If Ultra Lithium defaults in respect of repayment of the Debt, Power intends to enforce recovery of the Debt to ensure full repayment under the CLA, including by enforcing its rights under the Security Interests. The CLA and BTS between Power and Ultra Lithium will remain in full force and effect until the claim for repayment under the CLA is resolved to the reasonable satisfaction of Power.
お知らせ • Nov 19Ultra Lithium Inc. Announces Board AppointmentsUltra Lithium Inc. 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 mid-cap mining transactions into Africa and Asia. Graham received his Bachelor of Arts (Honors) in Political Science from the University of Alberta and his Juris Doctor from Osgoode Hall. Graham is called to the bar in Ontario. Kiki Smith was elected to the Company’s board of directors at the annual general meeting of shareholders on May 24, 2023. Kiki holds a CPA designation and has over 20 years of experience in the mining, technology and food services sectors. Kiki currently serves as a director and CFO of various issuers.
お知らせ • Aug 12Ultra Lithium Inc. announced that it has received CAD 1 million in fundingUltra Lithium Inc. announced a non-brokered private placement of 18,181,819 units at a price of CAD 0.055 per unit for gross proceeds of CAD 1,000,000 on August 11, 2023. Each unit will be comprised of one common share and one half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at CAD 0.11 per warrant share in the first twelve months following issuance and at CAD 0.12 per warrant share in the second twelve months following issuance. The company will pay finder’s fees of CAD 30,000 in cash and issue 545,455 finder’s shares. The transaction is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange. The unit shares, warrant shares and finders shares will be subject to a hold period of four months and one day in accordance with applicable securities laws.
お知らせ • May 17Power Minerals Limited (ASX:PNN) entered into Letter of Intent to acquire Ultra Argentina and Ultra Minerals from Ultra Lithium Inc. (TSXV:ULT).Power Minerals Limited (ASX:PNN) entered into Letter of Intent to acquire Ultra Argentina and Ultra Minerals from Ultra Lithium Inc. (TSXV:ULT) on May 16, 2023. A first tranche of 25 million shares are to be issued once relevant regulatory and shareholder approvals are received by both Power and Ultra Lithium.Upon completion of the due diligence and finalisation of the Acquisition Agreement, Power and Ultra Lithium will undertake general meetings with respective shareholders to seek final approval of the Acquisition Agreement. Ultra Lithium will also seek approval from TSX-V for a convertible note that will be provided by Power to Ultra Lithium.
お知らせ • Feb 09Ultra Lithium Inc. Intersects 2.68% Lithium Oxide At the Forgan Lake Lithium Property in Northern Ontario, CanadaUltra Lithium Inc. announced that the Company has received the first batch of drilling results from four diamond drill holes at its 100% owned Forgan Lake Lithium Property in northwestern Ontario, Canada. The drilling was contracted to Diafore Drilling Inc. from Quebec who completed 31 NQ and HQ size core drill holes with a cumulative drilling of 3,635 metres. The results of four drill holes intersected lithium pegmatites of various widths. Highlights: Drill Hole FL22-19 intersected two pegmatite zones with the upper 7 m wide pegmatite averaging 1.35% lithium oxide (Li2O) at 15.44 m drilled depth, including one meter of 2.68% Li2O and 2 m of 1.89% Li2O. The lower 6.81 m wide pegmatite averaged 0.52% Li2O at 26.44 m drilled depth, including the top one meter of1.08% Li2O. Drill Hole FL22-20 intersected three pegmatites with the upper 11-meter-wide pegmatite averaging 1.1% Li2O at 7.95 m drilled depth. The lower two pegmatites are thinner in widths and lower grade. Drill Hole FL22-21 intersected three lithium pegmatites with the upper four meter wide pegmatite averaging 1.21% Li2O at 8 m drilled depth; the middle eight meter wide pegmatite averaging 1.13% Li2O at 16 m drilled depth; the lower seven meter wide pegmatite averaging 1.04% Li2O at 26 m drilled depth. Drill Hole FL22-22 intersected an 18-meter-wide pegmatite with averaging 0.56% Li2O at 37.22 m drilled depth, including a two-meter-wide zone of 1.38% Li2O at 47.22 m depth. All intersections reported are based on drilled widths and have not been converted to the true width. The drill core was logged and sampled using a rock saw at Pleson Geoscience core shack located in Nipigon, ON. The samples were bagged and tagged using best practices and were delivered to Activation Laboratories (“ACTLABS”), Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2). ACTLABS is an independent commercial, accredited ISO Certified Laboratory. Ultra Lithium is preparing a CIM/NI 43-101 resource estimate based on the 31 drill holes completed in 2022 and 39 historical drill holes on the Property. Forgan Lake Project: The Forgan Lake property consists of approximately 256 hectares land in 20 mining claims located in the Thunder Bay Mining District in Northwestern Ontario, Canada. It is located adjacent to the north of Ultra Lithium’s Lucky Lake claim block comprised of 15 mining claims. The Property has excellent infrastructure support, and the First Nations communities are very cooperative for the economic progress of the region through development of mining resources. Historical work on the Forgan Lake Property was first carried out by Lun-Echo Gold Mines Limited during 1955-61 period. The exploration work included 39 drill holes, aggregating 10,561 feet drilling on the eastern side of Forgan Lake. Lithium mineralization on the Property comprised of six spodumene-bearing lithium pegmatites which are mostly parallel to the metasediments. Highlights: Lithium mineralization is comprised of six spodumene-bearing pegmatites; Three 2019 grab samples showed lithium values of 6.93% lithium oxide (Li2O), 6.90% Li2O and 4.88% Li2O; Historical exploration in the 1950s’ included 39 drill holes, aggregating 10,561 feet; Three historical channel cut samples returned average 2.57% Li2O over a width of 21 feet (6.4 m); Two historical channel cut samples averaged 4.23% Li2O over 24.5 feet (7.46m).