Green Shift Commodities Closes Sale of Berlin Royalty

TORONTO, June 12, 2024 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM), (“Green Shift” or the “Company”) is pleased to announce that it has completed the previously announced sale (the “Transaction”) to a third-party (“AcquireCo”) of all of the outstanding shares of 1000871349 Ontario Inc. (“Subco”), a wholly-owned subsidiary of the Company which owns, among other things, a 1% NSR royalty covering all production from the Berlin Project (the “Royalty”). AcquireCo is an arm’s length, privately-held royalty company designed to gain exposure to rising uranium prices by making strategic royalty acquisitions to grow its portfolio.

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