Usha Resources Engages Hillside for Corporate Awareness Digital Marketing
Suite #400 – 1681 Chestnut Street, Vancouver, BC V6J 4M6
www.usharesources.com
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Usha Resources Engages Hillside for Corporate Awareness Digital Marketing
Vancouver, British Columbia / July 16, 2024 – Usha Resources Lt d. (“USHA” or the “Company”)
(TSXV: USHA) (OTCQB: USHAF) (FSE: JO0) , a North American lithium exploration company, is
pleased to announce that it has entered into a marketing and di stribution service agreement with an arm's-
length marketing firm, Hillside Consulting and Media Inc. ("Hil lside") of Penticton BC, to provide digital
marketing services, including SEO, PPC, email, YouTube and social media channels to increase corporate
awareness for a term of 3 months. The media disseminated will b e generated using publicly available
information. The Company will pay Hillside a cash fee of $50,00 0 CAD plus applicable taxes. Hillside
does not currently own any shares of the company.
The engagement of Hillside is a piece of Usha’s strategy to bri ng global visibility to the Company as it
strives to establish itself as a leader in the critical metals industry.
This strategic move follows the execution of its Letter of Inte nt (the “ LOI”) with Stardust Power, Inc.
(“Stardust Power”) dated March 15, 2024 granting Stardust Power the right to ea rn up to a 90% interest
subject to a 2% Net Smelter Royalty (“ NSR”) in Usha’s Jackpot Lake Lithium Brine Project (“ Jackpot
Lake” or the “ Project”) for total consideration that could total up to US$26,025,000 over five years
inclusive of payments comprising US$1,525,000 cash, US$750,000 stock, US$15,750,000 stock or cash at
Stardust Power’s election, and a work commitment of (US$8M).
A non-refundable sum of US$75,000 has been paid to Usha by Stardust Power pursuant to the LOI.
The full details of the LOI are included in Usha’s press release dated May 17, 2024.
The transaction is subject to the satisfaction of a number of c onditions, including Stardust Power’s
satisfactory commercial and legal due diligence, the negotiation and execution of definitive agreements (the
“Definitive Agreement ”) and the approval of the TSX Venture Exchange. The Company ca utions that
there is no guarantee that the Definitive Agreement will be completed.
Deepak Varshney, CEO of Usha com mented: “Retaining Hillside is the first piece of our strategy to bring
visibility to Usha in the coming months as we strive to build s hareholder value. Our vision at Usha has
always been to acquire and monetize undervalued assets. With th e recent success of companies such as
Abitibi Metals, we have been eva luating opportunities to acquir e copper and/or gold projects to create
further shareholder value in a similar fashion. We look forward to providing shareholders updates as our
strategy progresses.”
About Usha Resources Ltd.
Usha Resources Ltd. is a North American mineral acquisition and exploration compan y focused on the
development of quality lithium metal properties that are drill- ready with high-upside and expansion
potential. Based in Vancouver, BC, Usha’s portfolio of strategi c properties provides target-rich
diversification and includes Jackpot Lake, a lithium brine proj ect in Nevada and White Willow, a lithium
pegmatite project in Ontario that is the flagship among its gro wing portfolio of hard-rock lithium assets.
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.
“Deepak Varshney” CEO and Director
For more information, please call 778-899-1780, email info@usha resources.com or visit
www.usharesources.com.
Suite #400 – 1681 Chestnut Street, Vancouver, BC V6J 4M6
www.usharesources.com
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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 in formation" under applicable Canadian securities
legislation. Forward-looking information includes, bu t is not limited to, statements about entering into a
Definitive Agreement and completion of the Jackpot Lake transaction with Stardust Power, strategic plans,
future work programs and objectives and expected results from such work programs. Forward-looking
information necessarily involve known and unknown risks, including, without limitation: Usha and Stardust
entering into the Definitive Agreement; risks associated with general economic conditions; inability to
access sufficient capital from internal and external sources, and/or inability to access sufficient capital on
favourable terms; and other risks.
Such forward-looking information reflects management's current beliefs and are based on a number of
estimates and/or assumptions made by and informati on 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 eve nts to differ materially from t hose expressed or implied by such
forward-looking information. Read ers are cautioned that such forwar d-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 availabl e 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 expenditu res, and may not result in the discovery of mineral
deposits that can be mined profitably. Furthermo re, 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 fu ture events could differ materially from those anticipated in such
statements.