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flag Usha and Totec's reverse takeover plan gets conditional TSX Venture approval.

flag Usha Resources and Totec Resources have announced that the TSX Venture Exchange has conditionally accepted their plan of arrangement, a key step toward a qualifying transaction. flag The companies also filed a filing statement to provide details on the proposed deal, which is expected to result in a reverse takeover. flag The transaction remains subject to final approval and other customary conditions.

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