Usha Resources Retains Red Cloud Securities for Market-Making Services; Engages TMM Capital Advisory for Investor Relations
Suite #400 – 1681 Chestnut Street, Vancouver, BC V6J 4M6
www.usharesources.com
Usha Resources Retains Red Cloud Securities for Market-Making Services;
Engages TMM Capital Advisory for Investor Relations
Vancouver, British Columbia / April 19th, 2022 – Usha Resources Ltd. (“USHA” or the “Company”) (TSXV:
USHA) (OTCQB: USHAF ), a North American mineral acqui sition and exploration company focused on the
development of drill-ready battery and precious metal projects, is pleased to announce that it has retained Red Cloud
Securities Inc. (“Red Cloud” or “RCSI”) to provide market-making services while adding TMM Capital Advisory to
spearhead investor relations.
“USHA’s expanding portfolio of lithium, nickel, copper, cobalt and gold projects have quickly emerged as a
compelling investor story, while still remaining relatively qui et,” said Deepak Varshney, CEO of Usha Resources.
“We’re heading into a pivotal development stage across all oper ations, and securing top-notch professional talent to
help manage shareholder interest s and communicate our vision to a wider audience is both a timely move and an
investment in USHA’s growth future. 2022 is poised to be a break-out year and an early mover opportunity.”
Market-Making Services Engagement
RCSI will assist USHA, helping to ensure a fair, tight and liqu id public trading market is always maintained. Red
Cloud’s experienced team of professional traders will work acti vely and regularly with USHA management offering
trading advice, reporting, and tracking of their stock. Having professionals overseeing the day-to-day trading and
activity of USHA stock will help create a strong level of comfo rt and assurances the markets are being maintained
every day.
RCSI’s engagement is for a one-year period, effective April 15, 2022, for a monthly fee of $12,000.00. Red Cloud will
not receive any Common Shares or options as compensation. The a greement is principally for the purposes of
maintaining market stability and liquidity for the Company's co mmon shares and is not a formal market-making
agreement. The engagement of Red Cloud remains subject to the approval of the TSX Venture Exchange.
Investor Relations Agreement
The Company is also pleased to announce that it has entered into a consulting agreement with Mr. Tyler Muir of TMM
Capital Advisory for investor relations and communications serv ices. Mr. Muir has been deeply involved with the
capital markets since 2015. Having developed an extensive retail and institutional network, Mr. Muir is known for his
intuitive business ideas and for keeping investors informed and educated with open and continuous engagement.
The initial agreement is for a six-month term, with monthly fee s of $3,500.00. The Company also announces a grant
of 50,000 stock options to Mr. Muir at an exercise price of $0.30. The stock options will be in effect for two years and
will vest in accordance with the policies of, and are subject to approval by, the TSX Venture Exchange. The Agreement
may be extended with the prior written consent of both parties or terminated at any time with 30-day notice.
Mr. Muir stated, “I am very excited to join the USHA team at su ch a pivotal time in their growth. The acquisition of
Jackpot Lake positions USHA firmly in the battery metals space and I look forward to interacting with the investment
community and communicating with new and existing shareholders.”
About Usha Resources Ltd.
Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on the development
of quality battery and precious 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 consist of Jackpot
Lake, a lithium project in Nevada; Nicobat, a nickel-copper-cob alt project in Ontario; and Lost Basin, a gold-copper
project in Arizona. Usha trades on the TSX Venture Exchange und er the symbol USHA and the OTCQB Exchange
under the symbol USHAF.
Suite #400 – 1681 Chestnut Street, Vancouver, BC V6J 4M6
www.usharesources.com
USHA RESOURCES LTD.
“Deepak Varshney” CEO and Director
For more information, please phone Tyler Muir, Investor Relatio ns at 1 (888) 772-2452, email
[email protected], or visit www.usharesources.com.
Neither TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.