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BUCK LAKE PROJECT PURCHASE CLOSES

November 5, 2014: Ultra Resources Corp. ("Ultra")(TSX.V-ULT) and Goldbank Mining Corporation (“Goldbank”) (TSX.V-GLB) are pleased to announce that the purchase by Ultra of Goldbank’s interest in the Buck Lake Platinum Palladium Nickel Project has closed pursuant to receipt of TSX Venture Exchange approval to the transaction. Pursuant to the Purchase Agreement between Goldbank and Ultra, Ultra will issue 2,200,000 common shares in its capital to Goldbank and pay $250,000 by issuing a promissory note to Goldbank. The shares will be subject to a four-month hold period. Read More…