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home / news releases / USHA:CC - Usha Resources gains key approval for Formation Metals spinout

USHA:CC - Usha Resources gains key approval for Formation Metals spinout

Usha Resources Ltd.

(NewsDirect)

Usha Resources CEO Deepak Varshney shared news that the company hasobtained the final approval for the previously announced proposedspin-out of its wholly owned-subsidiary Formation Metals Inc. Varshneytold Proactive the company would now look to complete closingconditions, including seeking final approval of the arrangement by theTSX Venture Exchange. He also updated on drilling at its Jackpot Lakelithium brine property.

Contact Details

ProactiveCanada

Proactive Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

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Stock Information
Company Name: Usha Resources Ltd.
Stock Symbol: USHA:CC
Market: TSXVC
Website: usharesources.com
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