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USHA.V ·

Usha Resources Engages James Berard for Investor Relations Services and Grants Incentive Stock Options

Share Capital & Compensation Marketing Announcement

Suite 804, 750 West Pender Street, Vancouver, British Columbia V6C 2T7

www.usharesources.com

Usha Resources Engages James Berard for Investor Relations Services

and Grants Incentive Stock Options

Vancouver, British Columbia / December 3, 2020 – Usha Resources Ltd. (“USHA” or the

“Company”) (TSXV: USHA ) (OTCQB: USHAF) is pleased to announce that it has entered into an

investor relations consulting agreement (the “Agreement”) with Mr. James Berard of Vancouver, British

Columbia to assist in expanding USHA’s visibility through marketing endeavours directed towards new

and existing shareholders and investors. Mr. Berard is at arm's length to the Company and does not have

any direct or indirect materi al 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 o ur 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 ½ 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.

Suite 804, 750 West Pender Street, Vancouver, British Columbia V6C 2T7

www.usharesources.com

USHA RESOURCES LTD.

“Deepak V arshney”

CEO and Director

For more information, please phone 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 assumptions made by and information currently availabl e to the Company that,

while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors

which 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, labor issues, delays

in obtaining governmental approvals and permits, and other risks in the mining industry. All forward-

looking information contained in this news release is qualified by these cautionary statements and those in

our continuous disclosure filings available on SEDAR at www.sedar.com. Accordingly, readers should not

place undue reliance on forward-looking information. The Company disclaims any intention or obligation

to update or revise any forward-looking information, whether as a result of new information, future events

or otherwise, except as required by law.