Usha Resources Engages Investing News Network

Rhea-AI Summary

Usha Resources Ltd. (TSXV:USHA)(OTCQB:USHAF) has entered into an advertising and investor awareness campaign with Investing News Network (INN), aimed at increasing the company's visibility among investors. The agreement involves a total payment of $29,000, made in monthly installments. INN will utilize various marketing strategies to engage its audience, although it does not provide investor relations services according to TSXV policies. Usha Resources is focused on mineral exploration in Canada and the U.S., targeting nickel, copper, and gold deposits.

Positive

• Engagement with Investing News Network may enhance investor awareness and interest in Usha Resources.
• The campaign is expected to support Usha's strategic goals in mineral exploration and asset development.

Negative

• The company remains in the exploration stage and has no proven reserves, indicating high investment risk.
• The advertising payment may divert funds from other operational needs.

VANCOUVER, BC / ACCESSWIRE / January 11, 2022 / Usha Resources Ltd. ("USHA" or the "Company") (TSXV:USHA)(OTCQB:USHAF) is pleased to announce that it has entered into an advertising and investor awareness campaign agreement (the "Agreement") with Dig Media Inc. dba Investing News Network ("INN"). INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007.

INN will introduce the Company to INN's audience of educated, active investors. Using a variety of methods including an Enhanced Advertiser Profile, News Marketing, website and newsletter advertising and dedicated emails, INN will encourage its audience to engage directly with the Company to consider investing in the Company. INN does not provide investor relations or market-making services as defined by TSX Venture Exchange (the "TSXV") policies. The engagement is subject to acceptance by the TSXV.

Under the terms of the Agreement with INN, the Company has agreed to pay INN $29,000 for the campaign, payable in cash in installments of $4,833.33 per month. INN currently holds 96,667 common shares in the Company.

"We are very pleased to be working with INN to expand our audience," stated Deepak Varshney, P.Geo., CEO of the Company. "With their experience in the mining industry and our portfolio of nickel, copper, and gold assets, we are confident that they will be able to help increase awareness of Usha Resources as we move forward into a very exciting year ahead."

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.

We seek Safe Harbor.

USHA RESOURCES LTD.

"Deepak Varshney" CEO and Director

For more information, please phone James Berard, Investor Relations, at 778-228-2314, email jberard@usharesources.com, 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, 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, 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, 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 future events could differ materially from those anticipated in such statements.

SOURCE: Usha Resources Ltd.

View source version on accesswire.com:
https://www.accesswire.com/681971/Usha-Resources-Engages-Investing-News-Network

FAQ

What is Usha Resources Ltd.'s recent agreement with Investing News Network?

Usha Resources Ltd. has engaged Investing News Network for an advertising and investor awareness campaign to boost visibility among potential investors.

How much is Usha Resources Ltd. paying for the campaign with Investing News Network?

Usha Resources Ltd. has agreed to pay $29,000 for the advertising campaign, payable in monthly installments.

What are the key focus areas for Usha Resources Ltd.?

Usha Resources Ltd. is focused on exploring mineral deposits, particularly nickel, copper, and gold in Canada and the U.S.

What is the potential risk for investors in Usha Resources Ltd.?

Investors face risks as Usha Resources is still in the exploration stage with no proven reserves, making it speculative.

What does the agreement with INN entail for Usha Resources Ltd.?

The agreement includes various marketing strategies to engage investors, although INN does not provide investor relations services as defined by TSXV policies.