Green Shift Commodities (TSE:GCOM) has released an update.
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Green Shift Commodities Ltd. has successfully completed the sale of its Argentine lithium assets, including 10,000 hectares of land and a 25% stake in Pampa Litio S.A., to Lion Critical Elements Corp. The deal involved Lion acquiring all shares of Green Shift’s subsidiary in exchange for 1.46 million of its own shares and 500,000 warrants. This strategic move allows Green Shift to focus on its core projects while retaining investment interest in the lithium sector through its newly acquired shares in Lion.
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