Usha Resources hires Berard for IR, marketing

Dec 3, 2020

2020-12-03 16:16 ET – News Release

Mr. Deepak Varshney reports

USHA RESOURCES ENGAGES JAMES BERARD FOR INVESTOR RELATIONS SERVICES AND GRANTS INCENTIVE STOCK OPTIONS

Usha Resources Ltd. has entered into an investor relations consulting agreement with James Berard of Vancouver, B.C., to assist in expanding Usha’s visibility through marketing endeavours directed toward new and existing shareholders and investors. Mr. Berard is at arm’s length to the Company and does not have any direct or indirect material interest in the Company or its securities, other than the stock options (the “Options”) as described below.

“We would like to welcome James Berard to the USHA team,” said Deepak Varshney, CEO. “We have been fortunate to generate a lot of interest in our young Company and James will be integral to our shareholder communications and investor awareness campaigns, particularly now that we are also trading in the United States on the OTCQB.”

Mr. Berard has worked as an investor relations consultant and/or employee for approximately 17 years with various public companies in Canada and the United States, including 3 years with Marketsmart Communications (marketsmart.ca) and Kcrew Communications, focusing on small cap companies trading on North American stock exchanges. Throughout his career, he has successfully implemented investor awareness campaigns, deployed effective corporate communications strategies, and played a strategic role in numerous financings.

The Agreement is for a term of six-months commencing on December 2, 2020 and may be terminated at any time without charge by either party by giving 30 days’ notice. Pursuant to the Agreement, Mr. Berard will be paid a monthly fee of $4,000 and will be granted Options to acquire up to 100,000 common shares of the Company at a price of $0.25 per common share for a period of 2 years with one-half of the Options vesting upon successful completion of each three-month period of the Agreement.

In his role at USHA, Mr. Berard will serve as the principal point of contact for the investment community, and will be responsible for establishing and maintaining relationships with key, new, and existing investors as well as developing the Company’s strategic investor relations plan.

“I am very excited to join the USHA team at such a pivotal time in their growth,” commented James Berard. “I look forward to interacting with the investment community and communicating our growth strategy moving forward.”

About Usha Resources Ltd.

Usha Resources Ltd. is a Canadian mineral acquisition and exploration company based in Vancouver, BC, Canada. Usha is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in Northwest Ontario, Canada and the Lost Basin Gold Mining District in Mohave County, Arizona, U.S.A. Usha increases shareholder value through the acquisition and exploration of quality precious and base metal properties and the application of advanced state-of-the-art exploration methods. Usha’s portfolio of strategic properties provides diversification and mitigates investment risk.

We seek Safe Harbor.

https://www.usharesources.com/