19:08:42 EDT Tue 13 Oct 2026
Enter Symbol
or Name
USA
CA



Green Shift Commodities Ltd
Symbol GCOM
Shares Issued 137,726,218
Close 2026-10-13 C$ 0.055
Market Cap C$ 7,574,942
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Green Shift Commodities signs deal to sell Los Altares

2026-10-13 16:23 ET - News Release

Mr. Trumbull Fisher reports

GREEN SHIFT COMMODITIES ENTERS DEFINITIVE AGREEMENT TO SELL LOS ALTARES PROJECT TO MYRIAD URANIUM FOR CASH SHARES AND ROYALTY

Green Shift Commodities Ltd. has entered into a definitive share purchase agreement dated Oct. 9, 2026, with Myriad Uranium Corp., pursuant to which Myriad has agreed to acquire all of the issued and outstanding shares of Buenavida Metales SA, the company's wholly owned Argentine subsidiary that holds the Los Altares project in central Chubut, Argentina.

Under the agreement, Green Shift will receive $300,000 in cash, $700,000 in common shares of Myriad and a 2-per-cent net smelter return royalty on the Los Altares project. The transaction provides Green Shift with cash proceeds while maintaining exposure to the project through the royalty and an equity interest in Myriad.

Trumbull Fisher, chief executive officer and director of Green Shift, commented: "This transaction reflects our approach to realizing value from our assets while retaining participation in their future potential. The combination of cash, Myriad shares and a royalty allows us to monetize Los Altares and maintain exposure to its future success. We are pleased to become a shareholder of Myriad and look forward to following the company's progress."

Transaction terms

Pursuant to the agreement, Myriad will acquire all of the issued and outstanding shares of Buenavida in exchange for:

  • $300,000 in cash payable to Green Shift at closing;
  • $700,000 in common shares of Myriad, at a deemed issue price of 44.55 cents per share, being the volume-weighted average trading price of Myriad's common shares on the Canadian Securities Exchange for the 10 trading days preceding the effective date of the agreement;
  • A 2-per-cent net smelter return royalty on minerals extracted from the Los Altares project.

The royalty will be granted pursuant to a royalty agreement to be entered into at closing among Green Shift, Buenavida and Myriad. Buenavida will retain the right to purchase half of the royalty for $1-million in cash, reducing Green Shift's royalty from 2 per cent to 1 per cent. Myriad will guarantee Buenavida's obligations under the royalty agreement.

The Myriad shares issued to Green Shift will be subject to applicable securities laws and CSE policies, including applicable resale restrictions.

Closing of the transaction is expected to occur on or before Nov. 13, 2026, subject to approval of the TSX Venture Exchange and the CSE, if and as required, and satisfaction of customary closing conditions.

Los Altares project

The Los Altares project comprises approximately 55,000 hectares in central Chubut, Argentina. The transaction will transfer ownership of Buenavida, which holds the mineral claims and other assets comprising the project, to Myriad.

About Green Shift Commodities Ltd

Green Shift Commodities focuses on mineral exploration and development supporting decarbonization and the transition to clean energy. Its assets include the Armstrong project in Northern Ontario's Seymour-Crescent-Falcon lithium belt, a region with known spodumene-bearing pegmatites and significant lithium discoveries. Green Shift also holds equity interests in publicly traded and privately held uranium and lithium companies.

We seek Safe Harbor.

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