Ultra Lithium and Power Minerals Agree on Settlement Terms
VANCOUVER, British Columbia, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“Ultra Lithium” or the “Company”) today announces it has reached a settlement agreement with Power Minerals Limited (“Power Minerals”) with respect to the convertible loan agreement (CLA) between the two companies. Under the terms of the settlement agreement Ultra Lithium will: Pay $50,000 AUD on or before December 5, 2024 to Power Minerals (Paid)Transfer to Power Minera