June 26 (Reuters) - Ultra Lithium Inc ULI.V :
* ULTRA LITHIUM ACQUIRES 13 ADDITIONAL GOLD MINING LICENSES IN ARGENTINA
* CO SIGNED AGREEMENT WITH LOCAL VENDOR TO ACQUIRE THIRTEEN GOLD MINING LICENSES IN CHEPES AREA, LA RIOJA PROVINCE, ARGENTINA
* CHEPES LICENCES ARE LOCATED ON PAST PRODUCING HISTORICAL GOLD MINES, WHICH ARE CONSIDERED FAVOURABLE FOR EXPLORATION OF GOLD, COPPER
* A TOTAL OF THIRTEEN GOLD MINING LICENSES COVERING 508 HECTARES WERE ACQUIRED BY MAKING CASH PAYMENTS OF US $2,000 PER LICENSE
* COMPANY WILL PAY VENDOR 10% OF PROFIT FROM ANY FUTURE PRODUCTION FROM CHEPES LICENCES
* ULTRA LITHIUM-AGREED TO PAY VENDOR 5% OF PROFIT FROM FUTURE PRODUCTION FROM ULTRA I, ULTRA II, ULTRA III EXPLORATION LICENCES IN CHEPES LICENCES VICINITY