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Green Shift Commodities ( OTCPK:UWEFF ) to complete a non-brokered private placement on a best efforts basis of units at a price of $0.15 per unit for minimum gross proceeds of $1.5M.
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Each Unit will consist of one common share and one common share purchase warrant.
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Each warrant will entitle the holder to purchase one common share at an exercise price of $0.25 for 24 months following the date of issuance.
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Net proceeds to advance its battery commodity and uranium portfolio projects, working capital and general corporate purposes.
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Offering is anticipated to occur on or about December 22, 2022.
For further details see:
Green Shift Commodities announces $1.5M private placement