Green Shift Commodities Announces Non-Brokered Free-Trading Private Placement Financing

Author's Avatar
Dec 07, 2022

TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM), (“Green Shift” or the “Company”) is pleased to announce its intention to complete a non-brokered private placement on a best efforts basis of units of the Company (the “Units”) at a price of $0.15 per Unit (the “Issue Price”) for minimum gross proceeds to the Company of $1,500,000 and maximum gross proceeds equal to the maximum amount that may be issued pursuant to the Listed Issuer Financing Exemption, as defined below (the “Offering”). The Offering is being completed pursuant to the Listed Issuer Financing Exemption and accordingly the securities issued in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws.