Yahua Industrial subscribes equity of Ultra Lithium
2022-04-18 17:50:12 [Print]
Sichuan Yahua Industrial Group announced on April 17th that its wholly-owned subsidiary, Yahua International, invested CAD5 million (USD3
. 96 million) to subscribe 21,276,596 shares (about 13 . 23%) of Canada-based Ultra Lithium Inc . Meanwhile, Yahua International acquired 60% shares of a wholly-owned subsidiary of Ultra Lithium by cash and became a holding shareholder of its Forgan Lake Hard Rock Spodumene Lithium Ore Project and Georgia Lake Hard Rock Spodumene Lithium Ore Project.