Usha Resources receives U.S. DTC eligibility

Feb 5, 2021

2021-02-05 10:44 ET – News Release

Mr. Deepak Varshney reports

USHA RESOURCES RECEIVES DTC ELIGIBILITY FOR TRADING SHARES IN THE UNITED STATES

Usha Resources Ltd.’s common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States. USHA trades on the OTCQB in the United States under the symbol USHAF.

DTC eligibility allows investors to trade and hold the USHA shares electronically. Investors in the United States benefit by having a faster and more streamlined and efficient method to digitally transfer the USHA shares. Additionally, underwriters, brokers and other market players that are DTC participants can use the service to purchase or sell USHA shares through DTC’s automated processes. Having access to DTC services gives the company greater exposure to the capital markets while at the same time offers various services including greater transparency of the USHA shares.

“We are pleased to have received DTC eligibility to facilitate the trading of our common shares for U.S. investors and brokerage firms,” stated Deepak Varshney, chief executive officer of USHA. “We are actively engaged in pursuing new avenues to broaden the reach of our story; receiving DTC eligibility is a starting point for us to trade more effectively in the United States and will allow for faster execution and improved liquidity. Our common shares are now more widely accessible to both retail and institutional investors and we are excited to continue to introduce USHA to the largest market in the world.”

About Usha Resources Ltd.

Usha Resources is a Canadian mineral acquisition and exploration company based in Vancouver, B.C., 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, United States. 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/