Associated tags: Lithium, CSE, News, National instrument, National Instrument 43-101
Locations: CANADA, SOUTH DAKOTA, BLACK HILLS, WYOMING, MONTANA, IRELAND, ROMANIA, SA, CANTON ROAD, EU, VANCOUVER, BC, CA, MI, BRITISH COLUMBIA, UNITED STATES
All securities issued in the Offering are subject to restrictions on resale until August 16, 2024, in accordance with applicable securities laws.
Key Points:
- All securities issued in the Offering are subject to restrictions on resale until August 16, 2024, in accordance with applicable securities laws.
- This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.
- The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.
- Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.
VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United Lithium” or the “Company”) (CSE: ULTH ; OTCQX: ULTHF ; FWB: 0UL ) is pleased to announce that it has increased its ownership in the Kietyönmäki Lithium Project (“Kietyönmäki” or the “Project”) to 100% after acquiring Tammela Minerals Oy’s (“Tammela”) 16.4% minority interest in Litiumlöydös Oy (“Litiumlöydös”), the Finnish entity that holds the rights to the Project (the “Acquisition”).
Key Points:
- VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United Lithium” or the “Company”) (CSE: ULTH ; OTCQX: ULTHF ; FWB: 0UL ) is pleased to announce that it has increased its ownership in the Kietyönmäki Lithium Project (“Kietyönmäki” or the “Project”) to 100% after acquiring Tammela Minerals Oy’s (“Tammela”) 16.4% minority interest in Litiumlöydös Oy (“Litiumlöydös”), the Finnish entity that holds the rights to the Project (the “Acquisition”).
- Tammela is a wholly-owned subsidiary of Nortec Minerals Corp. (“Nortec”).
- As consideration for the Acquisition, the Company paid Nortec $200,000 in cash, in exchange for 490 common shares of Litiumlöydös from Tammela, representing the 16.4% minority interest.
- Following the completion of this initial transaction, the Company expanded the Project by 535 hectares (“ha”) (see news release September 14, 2022), bringing the total land package to 900 ha.
At the Meeting, the shareholders of the Company also approved:
Key Points:
- At the Meeting, the shareholders of the Company also approved:
the re-appointment of Dale Matheson Carr-Hilton LaBonte LLP as the auditor of the Company for the ensuing year and authorized the directors to fix their remuneration; and
the Company’s new Compensation Plan.
- The total number of common shares of United Lithium represented by shareholders in person or by proxy at the Meeting was 5,771,433 common shares, representing 14.05% of the total issued and outstanding common shares at the record date for the Meeting.
- The Company also announces the departure of Anoop Prihar, Vice President, Corporate Development.
- The board of directors thank Mr. Prihar for his service and wish him success in all his future endeavors.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.
Key Points:
- The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.
- Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.
- The Company also announces that it will amend the exercise price of a total of 16,666,667 previously issued Share purchase warrants (the “Repriced Warrants”).
- Subject to the consent of the holders of the Repriced Warrants, the Company will reduce the exercise price of the Repriced Warrants to $0.50 per Share.
Retrieved on:
Monday, February 26, 2024
VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United” or the “Company") (CSE: ULTH; OTCQX: ULTHF ; FWB: 0UL ) is proud to announce that its common shares are now trading on the OTCQX® Best Market (“OTCQX”) under the symbol “ULTHF”.
Key Points:
- VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United” or the “Company") (CSE: ULTH; OTCQX: ULTHF ; FWB: 0UL ) is proud to announce that its common shares are now trading on the OTCQX® Best Market (“OTCQX”) under the symbol “ULTHF”.
- OTCQX is the highest and most regulated tier of the OTC Markets Group on which approximately 12,000 U.S. and global securities trade.
- Trading on the OTCQX will enhance the visibility and accessibility of the Company to U.S. investors.
- Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades.
Retrieved on:
Monday, February 26, 2024
NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced United Lithium Corp. (CSE: ULTH; OTCQX: ULTHF), an exploration and development company, has qualified to trade on the OTCQX® Best Market.
Key Points:
- NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced United Lithium Corp. (CSE: ULTH; OTCQX: ULTHF), an exploration and development company, has qualified to trade on the OTCQX® Best Market.
- United Lithium Corp. upgraded to OTCQX from the Pink® market.
- United Lithium Corp. (“United” or the “Company”) begins trading today on OTCQX under the symbol “ULTHF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
- Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.
Retrieved on:
Tuesday, February 13, 2024
VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United” or the “Company”) (CSE: ULTH; OTC: ULTHF ; FRA: 0UL ) announces that Mr. Henrik Lundin has been appointed to the Company’s board of directors, effective immediately.
Key Points:
- VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United” or the “Company”) (CSE: ULTH; OTC: ULTHF ; FRA: 0UL ) announces that Mr. Henrik Lundin has been appointed to the Company’s board of directors, effective immediately.
- Mr. Lundin has considerable global experience in both the technical and business sides of the natural resource sector.
- He currently sits on the board of EMX Royalty Corp.
“I am thrilled to be joining the United team as a director,” remarked Mr. Lundin.
- The board of directors thank Ms. Fitzgerald for her service to the Company and wishes her luck in her future endeavours.
Lithium,
Corporate development,
Social media,
Option,
Stifel,
University,
Non-bank financial institution,
Metal,
Real estate,
MBA,
Risk,
CAD,
Nickel,
Security (finance) VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United” or the “Company”) (CSE: ULTH ; OTC: ULTHF ; FWB: 0UL ) is pleased to announce that Anoop Prihar has joined the Company as Vice President Corporate Development.
Key Points:
- VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United” or the “Company”) (CSE: ULTH ; OTC: ULTHF ; FWB: 0UL ) is pleased to announce that Anoop Prihar has joined the Company as Vice President Corporate Development.
- The Company has also commenced a Scandinavian focused marketing and awareness campaign to introduce the investment community to United’s local lithium projects in Sweden and Finland.
- For the last five years, Mr. Prihar covered the Battery Metals sector with a focus on emerging lithium, nickel and graphite producers.
- Mr. Prihar remarked, "I am excited to be joining the team responsible for capturing the commercial potential of United.
Retrieved on:
Thursday, January 11, 2024
Bergby is a 100%-owned, district-scale, hard rock lithium project covering approximately 8,000 hectares (“ha”) near infrastructure and the coast of the Gulf of Bothnia in Central Sweden.
Key Points:
- Bergby is a 100%-owned, district-scale, hard rock lithium project covering approximately 8,000 hectares (“ha”) near infrastructure and the coast of the Gulf of Bothnia in Central Sweden.
- New drilling assay results for the newly discovered fourth pegmatite “D” include:
including 2.42 Li2O over 7.04 m from 97.72 m depth.
- Pegmatite D has now demonstrated a strike length of over seven-hundred metres and remains open, the combined strike of the pegmatites now exceeds four kilometres.
- This includes a high-grade interval of 2.42% Li2O over 7.04 m from 97.72 m depth down hole (estimated true width of 3.58 m).
Retrieved on:
Thursday, December 21, 2023
Prior to the Consolidation, the Company has 123,223,127 Shares issued and outstanding and will have approximately 41,074,376 Shares issued and outstanding upon completion.
Key Points:
- Prior to the Consolidation, the Company has 123,223,127 Shares issued and outstanding and will have approximately 41,074,376 Shares issued and outstanding upon completion.
- No fractional Shares will be issued under the Consolidation.
- A letter of transmittal will be mailed to registered shareholders providing instructions with respect to surrendering share certificates representing pre-Consolidation Shares in exchange for post-Consolidation Shares issued as a result of the Consolidation.
- All of the Company’s outstanding share purchase options and share purchase warrants will also be adjusted by the Consolidation ratio and the respective exercise prices of those outstanding options and share purchase warrants will be adjusted accordingly.
