Usha Resources Ltd. would like to remind shareholders of the upcoming ex?distribution date of April 21, 2023, with respect to the plan of arrangement among the Company, Formation Metals Inc. and the shareholders of the Company. As per its news release dated April 5, 2023, the common shares of USHA are now trading with "due bills" attached during [...]
Usha Resources Ltd. would like to remind shareholders of the upcoming share distribution record date of April 12, 2023, with respect to the plan of arrangement among the Company, Formation Metals Inc. and the shareholders of the Company. Under the terms of the Arrangement and upon completion of the share exchange prescribed by Article 3 of the [...]
Usha Resources Ltd. announces that, further to its news release dated March 2, 2023, the Company has changed its share distribution record date from March 24, 2023 to April 12, 2023, with respect to the plan of arrangement among the Company, Formation Metals Inc. and the shareholders of the Company. Under the terms of the Arrangement and upon [...]
Usha Resources Ltd. is pleased to announce that it has determined March 24, 2023 to be the share distribution record date, with respect to the plan of arrangement among the Company, Formation Metals Inc. and the shareholders of the Company. Under the terms of the Arrangement and upon completion of the share exchange prescribed by Article 3 of the [...]
Usha Resources Ltd. is pleased to announce that it has obtained the final order from the Supreme Court of BC approving the previously announced proposed spin-out of the Company's wholly owned-subsidiary, Formation Metals Inc., through a plan of arrangement between USHA and FMI. The Company will proceed with completing closing conditions of the [...]
Usha Resources Ltd. is pleased to announce that its shareholders have approved the previously announced proposed spin-out of the Company's wholly owned-subsidiary, Formation Metals Inc., through a plan of arrangement between USHA and FMI. The special resolution was approved at the Company's annual general and special meeting of its shareholders [...]
Usha Resources Ltd. 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 [...]