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GREEN SHIFT COMMODITIES - GRCMF STOCK NEWS

Welcome to our dedicated page for GREEN SHIFT COMMODITIES news (Ticker: GRCMF), a resource for investors and traders seeking the latest updates and insights on GREEN SHIFT COMMODITIES stock.

Green Shift Commodities (GRCMF) is a leading company specializing in sustainable solutions for the commodities industry. Their core business revolves around innovative technologies that promote environmental sustainability and efficiency.

With a focus on developing cutting-edge solutions, Green Shift Commodities has made significant strides in recent years, positioning themselves as a key player in the market. Their commitment to sustainable practices and forward-thinking strategies sets them apart from competitors.

Currently, Green Shift Commodities is actively involved in various projects aimed at revolutionizing the commodities sector. Their financial stability, strong partnerships, and diverse product portfolio showcase their dedication to growth and success in a rapidly evolving industry.

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Green Shift Commodities (TSXV: GCOM) congratulates its portfolio companies IsoEnergy and Jaguar Uranium on completing a transaction where Jaguar acquired IsoEnergy's Laguna Salada and Huemul uranium projects in Argentina. The deal involved Jaguar acquiring IsoEnergy's subsidiary holding these assets for US$10M in Jaguar shares. This transaction values Jaguar at US$55M on a fully diluted basis, with GCOM's 20% interest in Jaguar estimated at US$11M. GCOM CEO Trumbull Fisher expressed enthusiasm for the deal, noting it expands Jaguar's South American presence and potentially increases GCOM's Jaguar holdings. GCOM shareholders maintain exposure to a diverse portfolio including IsoEnergy, Premier American Uranium, Atha Energy, Jaguar, Royalty Uranium Corp, and Lion Critical Elements.

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Green Shift Commodities (GRCMF) has finalized the sale of its Argentina lithium assets to Lion Critical Elements Corp. The transaction includes 10,000 hectares of lithium-rich grounds and 25% of Pampa Litio S.A. in exchange for 1,460,000 Lion shares valued at $0.75 each and 500,000 warrants, exercisable at $1.00 per share. This move allows Green Shift to retain an indirect interest without the funding obligations for exploration. Lion's portfolio includes lithium projects in Zambia and uranium assets in Niger, and the acquisition is expected to complement their existing assets.

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Green Shift Commodities has closed the final tranche of a non-brokered private placement financing, raising C$2,096,870. The company issued 18,587,400 units, each comprising one common share and one purchase warrant, exercisable at C$0.075 per share until June 2027. Finder fees totaled C$28,350 in cash and 567,000 non-transferable warrants.

Additionally, Green Shift entered a definitive agreement to sell its Argentina lithium assets to Lion Critical Elements Corp. in exchange for 1,460,000 common shares of Lion valued at US$0.75 each and 500,000 warrants, exercisable at US$1.00 per share for three years. The deal is subject to regulatory approval and no material adverse changes.

Green Shift insiders, including Peter Mullens and Mega Uranium, participated in the final tranche, contributing C$284,370. This transaction is a related party transaction but is exempt from needing a formal valuation or minority shareholder approval.

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Green Shift Commodities (GRCMF) has finalized the sale of all outstanding shares of its subsidiary, 1000871349 Ontario, to AcquireCo, a private royalty company.

This transaction includes a 1% NSR royalty on the Berlin Project, with AcquireCo paying 12,000,000 shares valued at C$3,000,000. An investor rights agreement grants Green Shift a board seat at AcquireCo and pre-emptive rights in equity financing to maintain ownership levels.

Trumbull Fisher, CEO of Green Shift, joins AcquireCo's Board of Directors.

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Green Shift Commodities announced the closure of the first tranche of its private placement, raising C$1,167,500 through the sale of 23,350,000 units at C$0.05 per unit. Each unit includes one common share and one warrant allowing purchase of an additional share at C$0.075 until June 2027. The funds are earmarked for working capital and advancing property interests. The company also finalized an agreement to sell its 1% NSR royalty on the Berlin Project to AcquireCo for 12 million AcquireCo shares, valued at C$3,000,000. Insiders participated in the placement, buying 600,000 units for C$30,000. The offering awaits final TSX Venture Exchange approval.

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Green Shift Commodities (GRCMF) announces the successful sale of its Berlin Project in Colombia to Jaguar Uranium Corp., enhancing its lithium exploration focus in Canada and Argentina. The transaction includes cash, Jaguar shares, and a royalty on production, strengthening GCOM's balance sheet. GCOM's CEO, Trumbull Fisher, highlights the benefits of the deal and the potential value for shareholders. Jaguar's CEO, Luis Ducassi, expresses excitement about advancing the Berlin Project and acknowledges GCOM's support. The agreement outlines additional considerations and milestones, with GCOM receiving compensation for advisory services.
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Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF) completes initial exploration work on its Armstrong Lithium Project, yielding positive results and planning further exploration in 2024.
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Green Shift Commodities Ltd. (GCOM) has entered into a definitive agreement with Latam Battery Metals Inc. for the acquisition of 100% of the issued and outstanding shares of two subsidiaries holding a 100% interest in the Berlin Project located in Caldas, Colombia. The transaction includes consideration of C$5 million in post-listing common shares of Latam, cash payments of up to C$6 million, and a 1% net smelter return royalty. The sale allows GCOM to focus on advancing its lithium projects while retaining exposure to uranium. Latam, with strong operating experience in Colombia, intends to pursue a listing on a recognized stock exchange in Canada.
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Green Shift Commodities signs MOU with Whitesand First Nation for Armstrong Lithium project
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Green Shift Commodities Ltd. completes acquisition of Armstrong Lithium Project. Positive support for Rio Negro Project in Argentina. Slower initiation due to ongoing elections affecting permit approvals. Excited to commence work in Ontario and confident in plans for Rio Negro project.
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FAQ

What is the current stock price of GREEN SHIFT COMMODITIES (GRCMF)?

The current stock price of GREEN SHIFT COMMODITIES (GRCMF) is $0.0348 as of October 9, 2024.

What is the market cap of GREEN SHIFT COMMODITIES (GRCMF)?

The market cap of GREEN SHIFT COMMODITIES (GRCMF) is approximately 6.0M.

What is Green Shift Commodities known for?

Green Shift Commodities is known for specializing in sustainable solutions for the commodities industry, focusing on innovative technologies that promote environmental sustainability.

What sets Green Shift Commodities apart from competitors?

Green Shift Commodities stands out from competitors due to their commitment to sustainable practices, forward-thinking strategies, financial stability, strong partnerships, and diverse product portfolio.

What projects is Green Shift Commodities currently involved in?

Green Shift Commodities is actively involved in various projects aimed at revolutionizing the commodities sector.

How has Green Shift Commodities positioned themselves in the market?

Green Shift Commodities has made significant strides in recent years, positioning themselves as a key player in the market.

What type of analysis does Green Shift Commodities use for their sampling program?

Green Shift Commodities utilizes Ultratrace 6 (ICP-OES – ICP-MS) and 8-peroxide-all elements (Na2O2 digest/ICP-OES) for their sampling program, which is conducted independently at Activation Laboratories in Thunder Bay, Ontario, Canada.

Who is the Director and CEO of Green Shift Commodities?

The Director and CEO of Green Shift Commodities is Trumbull Fisher, who can be contacted via email at tfisher@greenshiftcommodities.com or by phone at (416) 917-5847.

Where can I find more information about Green Shift Commodities?

More information about Green Shift Commodities can be found on their official website at www.greenshiftcommodities.com or on their social media profiles on Twitter (@greenshiftcom) and LinkedIn (https://www.linkedin.com/company/greenshiftcommodities/).

What is the focus of Green Shift Commodities' business operations?

Green Shift Commodities focuses on developing cutting-edge solutions that promote environmental sustainability and efficiency in the commodities industry.

What is the mission of Green Shift Commodities?

The mission of Green Shift Commodities is to drive innovation and sustainability in the commodities sector through their advanced technologies and forward-thinking strategies.

How does Green Shift Commodities contribute to a more sustainable future?

Green Shift Commodities contributes to a more sustainable future by developing and implementing eco-friendly solutions that reduce environmental impact and enhance efficiency in the commodities industry.

GREEN SHIFT COMMODITIES

OTC:GRCMF

GRCMF Rankings

GRCMF Stock Data

5.98M
115.66M
12.68%
0.41%
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