Usha Resources scoops up lithium salar close to the only producing U.S. lithium mine (Albemarle)
Concurrent with its recent acquisition of the Jackpot Lake lithium brine project just 35 northeast of Las Vegas, Nevada, Usha Resources Ltd. (TSXV:USHA;FRA:JO0) has completed an oversubscribed financing of CAD2,895,401. The placement was made in four tranches since the beginning of April, each at a price of CAD 0.30 per share unit. With the well-filled cash, Usha now plans to aggressively advance exploration on the Lithium Brine Project and, in the best case scenario, deliver an initial 43-101...
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