Welcome to our dedicated page for NORDX METALS news (Ticker: ULTHF), a resource for investors and traders seeking the latest updates and insights on NORDX METALS stock.
United Lithium Corp. (ULTHF) generates frequent news as it advances a portfolio of lithium and strategic metal exploration projects in Sweden and Finland. Company releases highlight technical results, corporate developments, and regulatory milestones that are relevant for investors following early-stage mining and battery materials stories.
A major news theme is the Bergby Lithium Project in central Sweden. United Lithium reports drill results from multiple spodumene-bearing pegmatites, mineralogical test work carried out by independent laboratories, and updates on exploration campaigns. The company has also announced that Bergby received a national interest designation from the Geological Survey of Sweden, which it describes as recognizing the project’s potential future role in supplying lithium to Sweden and other parts of Europe.
Another recurring focus in United Lithium’s news is its growing Finnish portfolio. Releases describe reservation grants and exploration programs at properties such as Kietyönmäki, Kannus, Kova, Kast, and Salkola. The company outlines mapping and sampling programs designed to identify LCT-type pegmatites and potential drill targets across more than 100,000 hectares of ground.
Corporate and capital markets news items include non-brokered private placements, warrant repricing and proposed warrant amendments, annual general meeting results, and changes in senior management. In late 2025, United Lithium announced a binding Letter of Intent and a definitive agreement to acquire Swedish Minerals AB, an arm’s length uranium and rare earth explorer, as part of its plan to build a diversified Nordic strategic metals platform. Investors can use this news feed to follow exploration progress, financing activities, and key regulatory and transaction milestones affecting ULTHF.
NordX Metals (OTCQB: ULTHF) began a Phase 1 soil sampling program and reported initial uranium boulder assays at its 100%-owned Asento Project in Finland.
The program includes ~350 soil samples and 20 boulder assays grading 0.005%–0.213% U3O8 (average 0.081%). A drone radiometric and magnetic survey is planned for Q3 2026 to refine drill targets for Q4 2026/Q1 2027.
NordX Metals (OTCQB: ULTHF) signed a digital investor marketing and awareness agreement with Global One Media, effective July 1, 2026, for an initial six-month term. Services include content creation, social media distribution, and online campaigns across platforms such as YouTube, TikTok, Spotify, and NordX’s official channels.
NordX will pay a USD $6,500 monthly retainer, with the first three months (USD $19,500) paid upfront. Global One Media, already a shareholder with 833,333 common shares and 583,333 warrants, will not receive securities or performance-based compensation. President Jonathon Franklin, an advisor to Global One Media, disclosed his interest and abstained from the approving vote.
United Lithium (OTCQB: ULTHF) will complete a 2-for-1 share consolidation and change its name to NordX Metals Corp.
Outstanding shares will be reduced from 79,469,308 to about 39,734,654. Post-consolidation trading on the CSE under ticker NRDX is expected to begin May 19, 2026, subject to final CSE approval.
United Lithium (OTCQX: ULTHF) filed an independent NI 43-101 technical report for its 100%‑owned Duobblon Uranium Project in Västerbotten County, Sweden, covering an approximately 630‑hectare historical exploration property.
Highlights: historical estimate of 13.8 Mt at 0.029% U3O8 (≈8.75 Mlb U3O8) (historical, not NI 43‑101 compliant); 55 drill holes totaling 10,300 m; historical metallurgy reporting recoveries up to 95% (later 86.3%); excellent regional infrastructure. The company also granted 5,125,000 options exercisable at $0.32, vesting immediately, expiring in five years.
United Lithium (OTCQX: ULTHF) acquired all issued shares of Swedish Minerals AB for approximately $3,600,500 on Jan 26, 2026, under a Dec 10, 2025 share exchange agreement. Consideration comprised $427,500 cash (including a prior $100,000 deposit) and 15,865,000 common shares at a deemed price of $0.20 per share. United granted a 1.75% NSR royalty on the acquired SM properties and paid a finder fee of 835,000 shares plus $22,500 cash. The board was reconstituted, Jonathon Franklin named President, and the deal adds a sizable uranium and rare earth exploration portfolio across Finland and Sweden.
United Lithium (CSE: ULTH; OTCQX: ULTHF) entered a definitive Share Exchange Agreement to acquire 100% of Swedish Minerals AB, issuing an aggregate 15,865,000 common shares (pre-consolidation) at a deemed $0.20 per share and paying $427,500 cash ($100,000 paid as deposits; $327,500 payable at closing).
The deal reconstitutes United’s board to five members (two nominated by SM), appoints Jonathon Franklin as President, grants a 1.75% NSR on SM properties to Scandinavian Resources, and contemplates a finder fee of up to 835,000 shares plus $22,500. Closing is subject to due diligence and CSE and regulatory approvals.
United Lithium (OTCQX:ULTHF) closed a non-brokered private placement for $2.25M by issuing 15,000,000 units at $0.15 per unit on Nov 20, 2025. Each unit includes one share and one warrant exercisable at $0.30 for 24 months with an acceleration trigger at $0.60. Securities are subject to resale restrictions until March 20, 2026. Net proceeds will fund working capital, exploration, and due diligence on the proposed acquisition of Swedish Minerals AB. Insiders participated for $345,000 total. The Offering remains subject to final Canadian Securities Exchange approval. Andrew Bowering was appointed Interim CEO effective immediately.
United Lithium (OTCQX: ULTHF) entered a binding LOI to acquire Swedish Minerals AB, combining United’s lithium assets with SM’s uranium and rare-earth projects in Finland and Sweden.
Key terms include 25,000,000 United shares at a deemed $0.20 per share (pre-consolidation), $450,000 cash, a planned 1-for-2 share consolidation (resulting in ~43,870,527 post-consolidation shares outstanding), and a 1.75% NSR to SM shareholders. United also announced a non-brokered unit financing to raise up to $2,250,000 via up to 15,000,000 units (warrants exercisable at $0.30 for 24 months). Closing is subject to due diligence and Exchange approvals.
United Lithium (OTCQX:ULTHF) held its 2025 Annual General Meeting of Shareholders on June 27, 2025. Shareholders elected all five nominated directors with strong approval rates above 93% for each nominee. The meeting saw participation from shareholders representing 4,789,956 common shares, accounting for 10.033% of total outstanding shares.
Additionally, shareholders approved the re-appointment of Dale Matheson Carr-Hilton LaBonte LLP as the Company's auditor and authorized directors to determine their remuneration.
United Lithium Corp. (ULTHF) has announced positive mineralogical test results from its wholly-owned Bergby Lithium Project in Sweden. The test work, conducted by SGS Canada, analyzed samples from four pegmatites (B, C, D, and E) at the 8,000-hectare property.
Key findings include:
- Head grades of 1.03%, 1.72%, 1.49%, and 1.14% Li2O for Pegmatites B, C, D, and E respectively
- Spodumene confirmed as primary lithium mineral, accounting for 11.9% to 23.3% of mineralized pegmatite mass
- High lithium recovery rates of 72% to 95% with grades between 3.4% and 3.1%
- Low iron oxide content (0.35% to 0.78% Fe2O3) in spodumene
- Excellent spodumene liberation rates of 81.1%, 78.0%, 81.1%, and 40.9% for Pegmatites B, C, D, and E
The results suggest favorable mining and refining conditions, with spodumene accounting for 79-95% of contained lithium across the pegmatites. The company also announced the expiration of its Salkola reservation in Finland.