Green Shift Commodities to Acquire District Scale Lithium Land Package in Argentina

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM), (“Green Shift” or the “Company”) is pleased to announce that it has entered into a definitive purchase agreement (the “Agreement”) dated November 30, 2022, with LFP Resources (“LFP”) and the shareholders of LFP pursuant to which GCOM has agreed to acquire (the “LFP Acquisition”) all of the outstanding shares of LFP. LFP is a privately owned Canadian exploration company which has existing rights to acquire (the “Property Acquisitions”) an aggregate of approximately 485,000 hectares of prospective lithium ground in Rio Negro, Chubut, and Neuquén Provinces in Argentina (the “Property”). Completion of the LFP Acquisition is conditional upon, among other things, completion of one of the Property Acquisitions.

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