Usha Resources Executes Amendment to Property Option Agreement
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www.usharesources.com
Usha Resources Executes Amendment to Property Option Agreement
Vancouver, British Columbia / August 6,, 2025 – Usha Resources Ltd. (“Usha”, “USHA” or the
“Company”) (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0) , a North American mineral acquisition
and exploration company, announces that, further to its news release of March 28, 2023, it has entered into
an amendment (the “ Amendment Agreement ”) to the property option agreement (the “ Option
Agreement”) executed with 2758145 Ontario Ltd. ( the “Vendor”) of Atikokan, Ontario, for the right to
purchase an undivided 100% interest in 712 unpatented mining claims located in the Thunder Bay Mining
Division of Ontario (the “White Willow Property”).
Under the Option Agreement, the outstanding remuneration payable by the Company to the Vendor is (i)
$50,000 cash and 500,000 common shares (the “ Shares”) payable on or before the second anniversary of
the date the Company received TSX Venture Exchange (“Exchange”) approval to the Option Agreement,
and (ii) $50,000 cash and 500,000 Shares payable on or before the third anniversary of the date the Company
received Exchange approval to the Option Agreement.
Pursuant to the Amendment Agreement, the parties have agreed to amend the outstanding remuneration to
$25,000 cash and 1,000,000 Shares issuable to the Vendor on or before August 31, 2025. The Shares will
be subject a four-month hold period pursuant to securities laws in Canada and the Exchange Hold Period.
All other terms of the Option Agreement remain the same.
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, comp etitive, political and social uncertainties, uncertain and
Suite #400 – 1681 Chestnut Street, Vancouver, BC V6J 4M6
www.usharesources.com
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, t he 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 suc h
statements.