Ultra Lithium Granted Voluntary Management Cease Trade Order
VANCOUVER, British Columbia, March 04, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) announces that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with National Policy 12-203 due to it not being able to file its annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended October 31, 2023 on SEDAR within 120 days of its financial year-end.
- VANCOUVER, British Columbia, March 04, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) announces that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with National Policy 12-203 due to it not being able to file its annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended October 31, 2023 on SEDAR within 120 days of its financial year-end.
- The management cease trade order has been granted by the Company’s principal regulator, the British Columbia Securities Commission.
- The management cease trade order will prohibit the chief executive officer and the chief financial officer of the Company from trading in securities of the Company for so long as the annual financial statements and MD&A are not filed.
- The issuance of the management cease trade order does not affect the ability of persons other than the chief executive officer and the chief financial officer of the Company to trade in the Company's securities.