Usha Resources CEO Deepak Varshney joined Steve Darling from Proactive to share news the company has obtained the final approval for the previously announced proposed spin-out of a wholly owned-subsidiary, Formation Metals Inc. Varshney telling Proactive will now look to complete closing conditions of the including seeking final approval of the Arrangement by the TSX Venture Exchange. Varshney also gave Proactive an update on drilling activities at its Jackpot Lake Lithium Brine Property.
Usha Resources gains key approval for Formation metals spinout
