Green Shift Commodities (TSE:GCOM) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Green Shift Commodities Ltd. has successfully completed the sale of its subsidiary, which holds a 1% NSR royalty on the Berlin Project, to AcquireCo, a privately-held royalty company. The deal saw Green Shift receiving 12 million shares of AcquireCo, valued at C$0.25 each, totaling C$3 million in consideration. Additionally, Green Shift secured the right to appoint a director to AcquireCo’s board and obtained pre-emptive rights to maintain its ownership stake through future equity financings.
For further insights into TSE:GCOM stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “Next-Generation Brain-Computer Interface”: Microsoft Stock (NASDAQ:MSFT) Gains With New AI Possibilities
- “May Not Fit Squarely in Tesla’s Mission”: Tesla (NASDAQ:TSLA) Shareholders Pass on xAI Investment
- Uh-Oh: Starbucks Stock (NASDAQ:SBUX) Slips as it Discovers How Little the Coffeehouse Experience Matters