United Lithium Corp. (CSE: ULTH; OTC: ULTHF; FWB: 0UL) (“ULTH” or the “Company”) is pleased to announce the appointment of Mark Ireton to the Company’s board of directors effective immediately.
Mr. Ireton has over 30 years of experience in the financial service industry, being well versed in both public and private transactions, reorganizations, acquisitions and divestitures in a variety of sectors that include, but are not limited to, manufacturing, aviation, transportation, construction, excavation, post-production and oil service.
In connection with the appointment, the Company has granted Mr. Ireton 300,000 incentive stock options at a price of $1.11 for a period of five years.
In addition, the Company has engaged Safehaven.com in the amount of USD $450,000 to provide marketing and publication services to assist in creating and increasing public awareness of United Lithium’s activities, strategic plans and investment opportunities.
On Behalf of The Board of Directors
Chief Executive Officer
Forward-Looking Statements Caution. This news release contains “forward-looking information” within the meaning of applicable securities laws relating to statements regarding the Company’s business, products and future of the Company’s business, its product offerings and plans for marketing. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward- looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct and makes no reference to profitability based on sales reported. The statements in this news release are made as of the date of this release.