09:20 AM EST - Usha Resources Ltd. : Provided an update on its on-going catalysts for growth and a recap of the Company's progress in 2022. Highlights Included: Working capital of approximately $3.1 million; 220% growth in market capitalization since the start of 2022 to just under $15 million with significant future exploration work to come; Upcoming 20% "Share Dividend" via the Spin-Out of the Nicobat Nickel Project with an Ex-Distribution Date of April 21, 2023; Roadmap for the Jackpot Lake Lithium Brine Project in Nevada, where the Company recently announced the highest drill results ever and is presently undertaking a fully permitted and financed maiden drill program with the goal of delivering a 43-101 resource estimate. Usha Resources Ltd.
shares V.USHA are trading off 1 cent at $0.30.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=USHA%3ACA&qmodStoryID=8062609798153767
