United Lithium Corp. Announces Termination of Property Option Agreement with Wealth Minerals Limited
LEGAL*52684793.2
CSE: ULTH | OTC: ULTHF | FWB: 0UL
United Lithium Corp. Announces Termination of Property Option Agreement
with Wealth Minerals Limited
Vancouver, British Columbia
March 26, 2021 – Vancouver, B.C. – United Lithium Corp. (CSE: ULTH; OTC: ULTHF; FWB: 0UL) ( “ULTH” or
the “ Company”), announces that further to its news release dated November 2, 2020, after careful
consideration and having particular regard to the timing and other opportunities available to the Company,
it has determined not to proceed forward with the ea rn-in agreement with Wealth Minerals Limited in
regards to the Harry Project and Vapor Projects, respectively (“Projects”).
The Company will continue to focus its time and resources on the Barbara Lake Lithium Project and to
prepare for its drilling program at the Bergby Lithium Project, in respect of which the Company has entered
into a definitive agreement (see news release dated February 24, 2021). The Company would like to wish
Wealth Minerals success with moving the Projects forward and looks forward to potentially working
together in the future.
In addition, the Company has re-engaged Digitonic Ltd. in the amount of USD $ 400,000 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
Michael Dehn
Chief Executive Officer
Investor Relations
(604) 259-0889
About United Lithium Corp.
United Lithium Corp. (CSE: ULTH; OTC: ULTHF; FWB: 0UL) is an exploration & development company
energized by the global demand for lithium. The Company is targeting lithium projects in politically safe
jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development
and production opportunities.
The Company's consolidated financial statements and related management's discussion and analysis are
available on the Company's website at www.leadingedgematerials.com or under its profile on SEDAR at
www.sedar.com.
Forward Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable securities
laws. All statements that are not historical facts, including without limitation, statements regarding future
estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future
performance, including statements regarding the expected completion of the acquisition of the Bergby
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CSE: ULTH | OTC: ULTHF
Lithium Project and the Company’s intention to seek other opportunities, are forward-looking statements.
These forward-looking statements reflect the expectations and beliefs of management of the Company
based on information currently available to it. Forward-looking statements are subject to a number of risks
and uncertainties, including those detailed from time to time in filings made by the Company with securities
regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the
forward-looking statements. These factors should be considered carefully and readers are cautioned not to
place undue reliance on such forward-looking statements. The forward-looking statements and information
contained in this news release are made as of the date hereof and the Company undertakes no obligation
to update publicly or revise any forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable securities laws.
The CSE does not accept responsibility for the adequacy or accuracy of this release