Green Shift Commodities Announces Updated C$2.5 million Private Placement

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TORONTO, Dec. 12, 2022 (GLOBE NEWSWIRE) — Green Shift Commodities Ltd. ( TSXV: GCOM ), (“ Green Shift ” or the “ Company ”) is pleased to announce that it expects to close on approximately $2,500,000 million under its previously announced offering (the “Offering”) of units of the Company at a price of $0.15 per Unit (the “Issue Price”), an increase from the previously announced minimum size of $1,500,000 (see press release dated December 7, 2022).

Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.25 for 24 months following the date of issuance.

The Offering is a non-brokered private placement. Certain […]

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