On December 22, 2022, Green Shift Commodities Ltd. completed a non-brokered private placement of 15,380,31 units at a price of $0.15 per unit for gross proceeds of approximately $2.3 million. Each unit consists of one common share and one common share warrant entitling the holder to purchase one additional common share at $0.25 for a period of 24 months from closing of the offering.
The private placement was completed pursuant to the new “Listed Issuer Financing Exemption” (National Instrument 45-106 – Prospectus Exemptions).
Cassels acted for Green Shift Commodities.