Usha Resources Ltd

09:33 AM EST - Usha Resources Ltd : Announces that further to its news release dated March 2, 2023, the Company has changed its share distribution record date from March 24, 2023 to April 12, 2023, with respect to the plan of arrangement among the Company, Formation Metals Inc and the shareholders of the Company. Under the terms of the Arrangement and upon completion of the share exchange prescribed by Article 3 of the Arrangement, the USHA Shareholders of record at the close of business on the Record Date will receive one (1) common share of FMI with respect to every five (5) common shares of USHA held on the Record Date, The Arrangement is expected to become effective on the Record Date. Usha Resources Ltd shares V.USHA are trading up one cent at $0.32.

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