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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Usha Resources Ltd. is pleased to announce that subsequent to its closing of the first tranche of the Company's non-brokered private placement , raising gross proceeds of $890,300.40, it has resumed exploration planning for its Lost Basin Gold-Copper Project located in Mohave County, Arizona. The Company is in receipt of a Notice of Exploratory [...]
Not for distribution to U.S. news wire services or dissemination in the United States Usha Resources Ltd. is pleased to announce that, further to its news releases of August 12, 2021 and October 14, 2021, it has closed the first tranche of the Company's non-brokered private placement , issuing an aggregate of 2,967,668 units at $0.30 per Unit [...]
Usha Resources Ltd. is pleased to announce the appointment of Adrian Smith as a director of the Company, effective immediately. Mr. Smith is currently the CEO of ArcPacific Resources Corp. and President and director of M3 Metals Corp. Mr. Smith is a professional geologist with over a decade of experience in the capital markets and mineral [...]
Not for distribution to U.S. news wire services or dissemination in the United States Usha Resources Ltd. is pleased to announce that it has entered into a share exchange agreement dated August 11, 2021 with 1236598 B.C. Ltd. and the shareholders of 1236 . Pursuant to the Share Exchange Agreement, it is intended that 1236 will become a wholly-owned [...]
Usha Resources Ltd. is pleased to provide an update on its Fall 2021 exploration program at the Lost Basin Gold-Copper Project located in Mohave County, Arizona. The Company is in receipt of a Notice of Exploratory Trenching that permits the excavation of 10 trenches with an average width of 3 metres and depth of 2 metres for approximately 1,420 [...]
Usha Resources Ltd. is pleased to announce that Adrian Smith, P.Geo., has joined the Company as an advisor. Mr. Smith is presently CEO of ArcPacific Resources Corp. and President and Director at M3 Metals Corp. Mr. Smith is a professional geologist with over a decade of experience in the capital markets and mineral exploration and development [...]
Usha Resources Ltd. announces that it has granted incentive stock options to purchase a total of 435,227 Shares at an exercise price of $0.20 per Share for a period of five years to certain directors, officers and consultants in accordance with the provisions of its stock option plan. About Usha Resources Ltd. Usha Resources Ltd. is a Canadian [...]
