Green Shift Commences Trading On The OTCQB Marketplace
Green Shift Commodities Ltd. (TSXV: GCOM), (“Green Shift”, “GCOM” or the “Company”) (TSXV:GCOM) (OTCQB:UWEFF) is pleased to announce that its common shares have commenced trading on the OCTQB under the symbol UWEFF. The listing complements GCOM’s recent eligibility for electronic clearing and settlement through the Depository Trust Company in the United States.
Trumbull Fisher, CEO and Director of GCOM commented, “Listing on the OTCQB marketplace marks an important milestone for GCOM, as it will provide increased exposure to U.S. investors and broaden our shareholder base. Importantly, this listing comes at a time of significant growth for our Company, as we have recently completed several strategic acquisitions that have expanded our portfolio and solidified our position as a first mover in hard rock lithium exploration in Argentina. We look forward to continuing to drive value for our shareholders as we pursue our vision of creating a more sustainable future.”
The OTCQB is a US trading platform operated by the OTC Markets Group and is the premier marketplace for entrepreneurial and development stage US and international companies committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
The OTCQB listing has the potential to further enhance trading volumes through an expansion of investment advisers’ ability to recommend investments to their US clients.
The Company has also filed an OTCQB Voluntary Symbol Change Request to change its ticker symbol from “UWEFF” to “GRCMF” to align with the corporate rebrand completed in October 2022. Upon completion of the ticker symbol change, GCOM will notify its shareholders in a press release. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “GCOM”.
About Green Shift Commodities Ltd.
Green Shift Commodities Ltd. is focused on the exploration and development of commodities needed to help decarbonize and meet net-zero goals.
The Company is developing the Berlin Deposit in Colombia. Apart from uranium, for clean nuclear energy, the Berlin Deposit contains battery commodities including nickel, phosphate, and vanadium. Phosphate is a key component of lithium-ion ferro-phosphate (“LFP”) batteries that are being used by a growing list of electric vehicle manufacturers. Nickel is a component of various lithium-ion batteries, while vanadium is the element used in vanadium redox flow batteries. Neodymium, one of the rare earth elements contained within the Berlin Deposit, is a key component of powerful magnets that are used to increase the efficiency of electric motors and in generators in wind turbines.
The Company recently acquired the district scale Rio Negro Project in Argentina. This Project represents an exciting opportunity to unlock the potential of over 500,000 Ha of land, known to contain hard rock lithium pegmatite occurrences that were first discovered in the 1960s but have seen little exploration since.
www.ferroalloynet.com
