Ultra Lithium Inc. Stock Analysis ULT.V

Ultra Lithium, Inc. is an exploration and development company, which engages in the acquisition, exploration, and evaluation of resource properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2006-03-21. The firm holds brine lithium and gold properties in Argentina, namely the Laguna Verde I and II brine lithium property and La Rioja property. The company also holds certain claims in Cordoba and Salta provinces, Argentina. The company holds a Laguna Verde I and II brine lithium property in Argentina, comprising 7,569 hectares of land on three mining licenses. The company holds a total of three gold exploration licenses and over 13 thirteen gold mining licenses totaling over 30,000 acres of prospective properties in the Chepes area located in La Rioja Province, Argentina. The firm has also entered into a purchase agreement to obtain 100% of the La Borita mining concessions.