Usha Resources Announces Change in Directors
Vancouver, British Columbia / June 12,, 2025 – Usha Resources Ltd. (“Usha”, “USHA” or the “Company”) (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to announce the appointment of Ram Kumar as a member of the board of directors (the “Board”) of the Company.
Mr. Kumar most recently served as a director of M&A at Valsoft Corporation, where he led the full buyside acquisition lifecycle of vertical market software companies globally.
Prior to Valsoft Corporation, Mr. Kumar held investment banking roles in Montreal and New York City at BMO Capital Markets, Lazard, and DNA Capital, advising both public and private clients on a broad range of M&A and capital markets transactions across the industrials, power & utilities, consumer retail, media, and technology sectors. He began his career in private equity at Novacap Management, one of Canada’s leading investment firms.
Mr. Kumar holds a Bachelor of Commerce in Honours Finance from the John Molson School of Business at Concordia University.
To facilitate the appointment of Mr. Kumar, Adrian Smith has resigned from the Board. The Company thanks Mr. Smith for his contributions to the Company and wishes him well in his future endeavors.
About Usha Resources Ltd.
Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on the development of quality critical metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Usha’s portfolio of strategic properties provides target-rich diversification and includes Southern Arm, a copper-gold VMS project in Quebec, Jackpot Lake, a lithium brine project in Nevada and White Willow, a lithium pegmatite project in Ontario. Usha trades on the TSX Venture Exchange under the symbol USHA, the OTCQB Exchange under the symbol USHAF and the Frankfurt Stock Exchange under the symbol JO0.
USHA RESOURCES LTD.
For more information, please call 778-899-1780, email [email protected] or visit www.usharesources.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements:
This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.
The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.