Ultra Resources (TSE:ULT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ultra Lithium Inc. has been prompted by Power Minerals Limited to repay the full outstanding balance of AUD $1.098 million from a convertible loan agreement within 10 business days. The company plans to fulfill its debt obligations within the specified period to avoid a default notice and potential enforcement actions against its assets. Ultra Lithium, engaged in the acquisition and development of lithium, gold, and copper assets, is facing crucial financial management decisions.
For further insights into TSE:ULT stock, check out TipRanks’ Stock Analysis page.
