Usha Resources Ltd. is pleased to announce the listing of its common shares for trading on the Frankfurt Stock Exchange under the symbol "JO0" with ISIN CA91734F1080 and WKN A3DK8K. "With the recent acquisition of the Jackpot Lake Lithium Project, three planned drill programs and mounting investor interest in our Nicobat Nickel Project spin out, it makes sense to broaden USHA's visibility and connect with a larger, global [...]
Usha Resources Ltd. is pleased to announce that further to its news releases dated March 31, 2022 and April 25, 2022, it has received the final approval from the TSXV to its mineral property option agreement dated March 17, 2022, as amended, entered into with Ares Strategic Mining Inc. to acquire a 100% interest in 140 mineral claims located in Jackpot Lake, Clark County, Nevada . The Company is proceeding with the first [...]
Usha Resources is pleased to announce that further to its news release dated March 31, 2022, it has entered into an amendment to its mineral property option agreement with Ares Strategic Mining Inc. to acquire a 100% interest in 140 mineral claims located in Jackpot Lake, Nevada following a preliminary review completed by the TSXV. Pursuant to the Amendment, the Company and the Vendor have agreed to reduce the maximum [...]
Usha Resources Ltd. is pleased to announce that it has retained Red Cloud Securities Inc. to provide market-making services while adding TMM Capital Advisory to spearhead investor relations. "USHA's expanding portfolio of lithium, nickel, copper, cobalt and gold projects have quickly emerged as a compelling investor story, while still remaining relatively quiet," said Deepak Varshney, CEO of Usha Resources. "We're heading [...]
Usha Resources Ltd. is pleased to announce that, subject to the approval of the TSXV, it has engaged Volt Strategic Partners Ltd. as its capital markets and communications advisor and has entered into an agreement dated effective March 29, 2022. Volt Strategic works with investment professionals and senior business leaders to help grow organizational value, build business, and accelerate market appreciation for emerging [...]
Usha Resources Ltd. is pleased to announce that it has entered into a mineral property option agreement with Ares Strategic Mining Inc. of Vancouver, whereby the Company has been granted the exclusive option to acquire a 100% interest in 140 mineral claims located in Jackpot Lake. The Property is located within Clark County, 35 km northeast of Las Vegas, and is comprised of 140 mineral claims that total 2,800 acres. The [...]
Usha Resources Ltd. is pleased to announce that it has executed a drilling contract for its upcoming maiden drill program at the Lost Basin Gold-Copper Project located in Mohave County. The Company intends on completing a reconnaissance visit by its personnel and the drilling contractor in the coming weeks to review drill sites after which it will commence with the construction of access roads and drill pads in [...]
Usha Resources Ltd. is pleased to announce that its Board of Directors is currently evaluating a proposal for Usha to transfer the Company's Nicobat Nickel property located in Dobie Township, Northwest Ontario to a newly formed subsidiary and subsequently spin out the shares of SpinCo to Usha's shareholders at a ratio yet to be determined . The Company will retain an interest in SpinCo. Deepak Varshney, CEO stated: "With [...]
Usha Resources Ltd. is pleased to announce that it has entered into an advertising and investor awareness campaign agreement with Dig Media Inc. dba Investing News Network . INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007. INN will introduce the Company to INN's audience of educated, active investors. Using a variety of methods [...]
Usha Resources Ltd. is pleased to announce that, subject to final approval of the TSX Venture Exchange , it has closed the final tranche of its non-brokered private placement . In total, 3,414,335 units were issued at $0.30 per Unit in both tranches raising gross proceeds of $1,024,300.40. Each Unit consists of one common share in the capital of the Company and one-half of one transferable Share purchase warrant with each [...]
Usha Resources Ltd. is pleased to announce that it has received proceeds of $883,330 from the exercise of 4,207,000 warrants. The exercised warrants were originally issued as part of the Company's go-public financing. All warrants issued as part of the go-public financing were exercised. Navin Varshney, a director of the Company, exercised 364,300 warrants, increasing his shareholdings to a total of 2,440,600 common [...]
Usha Resources Ltd. is pleased to announce the launch of its YouTube channel to further enhance Usha's shareholder experience during its 2022 exploration program. Usha's social media platforms presently includes LinkedIn, Twitter, and Facebook. The Company will use these platforms as a form of enhancing the shareholder experience with constant updates about exploration activities, interviews with management, and events [...]