BULLETIN V2024-1131
USHA RESOURCES LTD. ("USHA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 17, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange ("Exchange") has accepted for filing documentation the Option Agreement dated March 23, 2024 ("Agreement"), between the Company and a group of arm's length parties ("Optionors"). Pursuant to the terms of the Agreement, the Company has been granted the right and option to acquire a 100% interest in the mineral claims comprising the Bingo East Property, located in Ontario ("Bingo East"). In consideration to exercise the option to acquire the Bingo East, the Company will remit to the Optionors an aggregate of 3,000,000 common shares of the Company on a pro rata basis.
Insider / Pro Group Participation: None
Finders' Fees: None
This acquisition is considered an arm's length transaction.
For further information, please refer to the Company's news releases dated March 25, 2024, and April 17, 2024.
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