Usha Resources Congratulates Stardust Power on NASDAQ Listing, Provides Update on LOI to Sell Up to 90% of the Jackpot Lake Project for Total Consideration of up to US$26,025,000

A non-refundable sum of US$75,000 has been paid to Usha by Stardust Power pursuant to the LOI. Deepak Varshney, CEO of Usha commented: "We congratulate Stardust Power on its listing and its subsequent success which demonstrates the strength of their value proposition." USHA's Jackpot Lake Lithium Brine Project is located within Clark County, 35 kilometers northeast of Las Vegas, Nevada, and is comprised of 442 optioned and staked mineral claims that total 8,714 acres (approximately 35.3 km2). Usha entered i ...