Green Shift Announces Ticker Change from ‘UWEFF’ to ‘GRCMF’ on the OTCQB Marketplace
Green Shift Announces Ticker Change from ‘UWEFF’ to ‘GRCMF’
on the OTCQB Marketplace
Toronto, Ontario – May 5, 2023 – Green Shift Commodities Ltd. ( TSXV:GCOM) (OTCQB: GRCMF) today
announced that the Company’s common stock has commenced trading on the OTCQB under the new ticker symbol
“GRCMF” as of May 4, 2023. This ticker symbol has replaced the Company’s previous ticker symbol for its common
stock, “UWEFF”. The Company's common shares will continue to trade on the TSX Venture Exchange under the
symbol "GCOM".
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.
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 o f 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 effici ency 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 conta in hard rock lithium pegmatite
occurrences that were first discovered in the 1960s but have seen little exploration since.
For further information, please contact:
Trumbull Fisher, CEO, Green Shift Commodities Ltd.
Tel: (416) 917-5847
Forward-Looking Statements
This news release includes certain “forward looking statements”. Forward-looking statements consist of statements
that are not purely historical, including statements regarding beliefs, plans, expectations or intensions for the future,
and include, but not limited to, statements with respect to: the Company’s exploration and development activities,
including the Berlin Deposit in Colombia and the Rio Negro Project in Argentina, decarbonization and net zero goals,
the success of Company acquisitions, the Com pany’s continued eligibility for quotation on the OTCQB, and other
activities, events or developments that are expected, anticipated or may occur in the future . These statements are
based on assumptions, including that: (i) the ability to achieve positive outcomes from test work ; (ii) actual results
of our exploration, resource goals, metallurgical testing, economic studies and development activities will continue
to be positive and proceed as planned, (iii) requisite regulatory and governmental approvals w ill be received on a
timely basis on terms acceptable to Green Shift (iv) economic, political and industry market conditions will be
favourable, and (v) financial markets and the market for uranium, battery commodities and rare earth elements will
continue to strengthen. Such statements are subject to risks and uncertainties that may cause actual results,
performance or developments to differ materially from those contained in such statements, including, but not limited
to: (1) changes in general economic and financial market conditions, (2) changes in demand and prices for minerals,
(3) the Company’s ability to source commercially viable reactivation transactions and / or establish appropriate joint
venture partnerships, (4) litigation, regulatory, and legi slative developments, dependence on regulatory approvals,
and changes in environmental compliance requirements, community support and the political and economic climate,
(5) the inherent uncertainties and speculative nature associated with exploration resu lts, resource estimates,
potential resource growth, future metallurgical test results, changes in project parameters as plans evolve, (6)
competitive developments, (7) availability of future financing, (8) the effects of COVID -19 on the business of the
Company, including, without limitation, effects of COVID -19 on capital markets, commodity prices, labour
regulations, supply chain disruptions and domestic and international travel restrictions, (9) exploration risks, and
other factors beyond the control of Green Shift including those factors set out in the “Risk Factors” in our
Management Discussion and Analysis dated May 2, 2022 for the fiscal year ended December 31, 2021 and other
public documents available on SEDAR at www.sedar.com. Readers are cautioned that the assumptions used in the
preparation of such information, although considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on forward -looking statements. Green Shift
Commodities Ltd. assumes no obligation to update such information, except as may be required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
release.