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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GREEN SHIFT COMMODITIES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GREEN SHIFT COMMODITIES's position in the market.

Rhea-AI Summary
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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End-of-Day
53.63%
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Rhea-AI Summary
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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-14.84%
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Rhea-AI Summary
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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1.47%
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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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2%
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Rhea-AI Summary
Green Shift Commodities Ltd. has signed a definitive purchase and sale agreement to acquire an existing option to purchase a 100% interest in the Armstrong Lithium Project in Ontario, Canada. The project consists of 90 contiguous claims totaling approximately 1,800 hectares. This acquisition expands GCOM's lithium portfolio and provides exploration potential for critical metals. Ontario is a mining-friendly jurisdiction with significant government subsidies for EV battery plants.
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GREEN SHIFT COMMODITIES

OTC:GRCMF

GRCMF Rankings

GRCMF Stock Data

2.17M
82.17M
15.06%
0.67%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto