Green Shift Commodities Ltd. (TSXV: GCOM) congratulates its portfolio companies IsoEnergy Ltd. (“IsoEnergy”) and Jaguar Uranium Corp. (“Jaguar”) on completing a significant transaction. On July 23, 2024, Jaguar acquired the Laguna Salada and Huemul uranium projects in Argentina from IsoEnergy. Jaguar has acquired all issued and outstanding shares of a wholly-owned subsidiary of IsoEnergy in exchange for US$10M in common shares of Jaguar.

Transaction Details

Trumbull Fisher, CEO of Green Shift Commodities, commented, “We are thrilled to see IsoEnergy and Jaguar complete this transaction. The deal increases Jaguar’s footprint in South America and will enhance GCOM’s holding in Jaguar. GCOM will have a 20% interest in Jaguar following the completion of a listing of the Jaguar Shares on a recognized stock exchange. This recent deal values Jaguar at US$55M on a fully diluted basis. Consequently, GCOM’s current position in Jaguar is valued at US$11M.”

About Green Shift Commodities

Green Shift Commodities is committed to exploring and developing commodities crucial for decarbonization and achieving net-zero goals. The company is advancing the Armstrong Project, located in the Seymour-Crescent-Falcon lithium belt in northern Ontario. This area is known for hosting spodumene-bearing lithium pegmatites and significant discoveries. Additionally, the company holds a diverse portfolio of equities in various uranium and lithium companies.

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