Ultra Lithium Completes Laguna Verde Option Payments

Ultra Lithium Inc. has successfully completed all purchase payments required to secure the Laguna Verde I, II and III licences, collectively known as the Laguna Verde License Area. This achievement marks the conclusion of the company's option payment obligations and establishes full ownership of what appears to be a strategic lithium asset within Ultra Lithium's portfolio.

The completion of these payments represents a significant corporate milestone for Ultra Lithium, demonstrating the company's commitment to advancing its lithium projects and building a robust asset base in the critical minerals sector. The Laguna Verde License Area now provides the company with consolidated control over what may be a substantial lithium resource opportunity.

For the broader lithium sector, this transaction reflects continued investment and development activity as companies work to secure and advance lithium assets in response to growing demand for battery metals. Ultra Lithium's completion of these option payments positions the company to advance exploration and development activities on the consolidated Laguna Verde property, potentially contributing to the growing pipeline of lithium projects needed to support the energy transition.