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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.
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.
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.
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.
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.
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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