Usha Resources Ltd. is pleased to announce that it has received proceeds of $883,330 from the exercise of 4,207,000 warrants. The exercised warrants were originally issued as part of the Company's go-public financing. All warrants issued as part of the go-public financing were exercised. Navin Varshney, a director of the Company, exercised 364,300 warrants, increasing his shareholdings to a total of 2,440,600 common
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