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ULTRA CLOSES $250,000 PRIVATE PLACEMENT

December 31, 2014: Ultra Resources Corp. ("Ultra")(TSX.V-ULT) announces that it has closed its private placement of 5,000,000 units at $0.05 per unit for proceeds of $250,000 of which $150,000 comprised flow- through funds. Each unit consists of one common share and one transferable warrant entitling the holder to purchase one additional share at a price of $0.05 per share for five years. The units are restricted from trading until May 1, 2015. The private placement has been accepted for filing by the TSX Venture Exchange. Read More…