Usha Resources Ltd. is pleased to report that, further to its previous news releases and subject to the approval of the TSX Venture Exchange , it has closed its final tranche of its non-brokered private placement issuing an additional 4,512,007 units at a price of $0.30 per Unit for total gross proceeds of $1,353,602. In total, USHA has raised [...]
Usha Resources scoops up lithium salar close to the only producing U.S. lithium mine Lithium remains the fuel of the green revolution. Goldman Sachs adheres to this thesis in its latest Battery Metals research report. However, the investment bank's analysts predict that the lithium price bubble could burst in the short term given the growing [...]
Usha Resources Ltd. is pleased to report that, further to its previous news releases and subject to the approval of the TSX Venture Exchange , it has closed the third tranche of its oversubscribed non-brokered private placement issuing an additional 1,435,000 units at a price of $0.30 per Unit for total gross proceeds of $430,500. In total, USHA [...]
Usha Resources Ltd. is pleased to report that, further to the previously announced non-brokered private placement and subject to the approval of the TSXV, it has closed the second tranche of a now oversubscribed non-brokered private placement issuing an aggregate of 2,934,998 units at a price of $0.30 per Unit for total gross proceeds of $880,499 [...]
Usha Resources is pleased to announce unanimous Board of Director approval and support for its previously announced spin-out transaction and that the Company has now entered into an arrangement agreement with its wholly-owned subsidiary, Formation Metals Corp, to transfer the Nicobat Nickel-Copper-Cobalt property to FMC. Under the terms of the [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]