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File: ULI_2015-09-11-ConsolidationAnnouncedNews_final.pdf

                                      ULTRA LITHIUM INC.
                                 Vancouver, British Columbia Canada


       THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
                        DISSEMINATION IN THE UNITED STATES

                   ULTRA LITHIUM ANNOUNCES SHARE CONSOLIDATION

September 11, 2015                                                                         TSX-V: ULI
                                                                                   For Immediate Release

Ultra Lithium Inc. ("Ultra Lithium" or the "Company") (TSX-V: ULI) announces that the Board of
Directors voted to consolidate the shares capital of the company on the basis of ten (10) common shares
for one (1) new share of the company. The Company currently has 232,622,505 common shares
outstanding and will have 23,262,251 common shares outstanding after consolidation. The Board of
Directors anticipate the consolidation will further assist the company to obtain additional financing.

The consolidation is subject to acceptance of filing with the TSX Venture Exchange.


ON BEHALF OF THE BOARD OF DIRECTORS

"Kiki Smith"

Kiki Smith, CFO


About Ultra Lithium Inc.
Ultra Lithium is an exploration and development company with a focus on the acquisition and development
of lithium assets. The Company is currently focused on North American acquisitions and exploring its Big
Smoky Valley Project located in Nevada, USA.


FOR FURTHER INFORMATION CONTACT:

For further information, please contact the Company at:
Telephone: 778 968-1176
Facsimile: 604 909-4682
Email:kiki@ultralithium.com
Website: www.ultralithium.com
or view the Company's filings at www.SEDAR.com.



Cautionary Statement Regarding "Forward-Looking" Information
Some of the statements contained in this press release are forward-looking statements and information
within the meaning of applicable securities laws. Forward-looking statements and information can be
identified by the use of words such as "plans", "expects", "intends", "is expected", "potential", "suggests"
or variations of such words or phrases, or statements that certain actions, events or results "may", "could",
                                                    -2-

"should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and
information are not historical facts and are subject to a number of risks and uncertainties beyond the
Company's control. Actual results and developments are likely to differ, and may differ materially, from
those expressed or implied by the forward-looking statements contained in this news release. Accordingly,
readers should not place undue reliance on forward-looking statements. The Company undertakes no
obligation to update publicly or otherwise revise any forward-looking statements, except as may be required
by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.