tiprankstipranks
Trending News
More News >

Ultra Resources Faces Potential Asset Receivership

Story Highlights
Ultra Resources Faces Potential Asset Receivership

Ultra Resources (TSE:ULT) has released an update.

Confident Investing Starts Here:

Ultra Lithium Inc. faces potential financial restructuring as Power Minerals Limited seeks to appoint a receiver over the company’s assets due to a convertible loan agreement dispute. Ultra Lithium, focusing on lithium and metal exploration, has the option to propose debt restructuring within a 10-day notice period.

For further insights into TSE:ULT stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App