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Green Shift Commodities Congratulates Portfolio Companies on Uranium Project Acquisition

Strategic Insights

— 2 min read

Green Shift Commodities Ltd., a TSXV-listed company, has congratulated its portfolio companies IsoEnergy Ltd. and Jaguar Uranium Corp. on the completion of a transaction where Jaguar has acquired the Laguna Salada and Huemul uranium projects in Argentina from IsoEnergy. As a result of the transaction, Jaguar acquired all outstanding shares of IsoEnergy's wholly-owned subsidiary holding these assets in exchange for common shares of Jaguar, valued at US$10 million, among other considerations. The deal is expected to increase Jaguar's footprint in South America and potentially increase Green Shift's holding in Jaguar, which was acquired as part of the Berlin sale agreement.

This recent deal with IsoEnergy values Jaguar at a fully diluted basis of US$55 million, with Green Shift's current position in Jaguar valued at approximately US$11 million, assuming a go-public transaction today. Green Shift's portfolio includes a range of public and private equities in uranium and lithium companies, including IsoEnergy, Premier American Uranium, Atha Energy, Jaguar, Royalty Uranium Corp, and Lion Critical Elements.

Key Takeaways:

  • The transaction involves the acquisition of Laguna Salada and Huemul uranium projects in Argentina by Jaguar Uranium Corp. from IsoEnergy Ltd. for US$10 million in common shares.
  • Jaguar's footprint in South America is expected to increase as a result of the deal.
  • Green Shift Commodities' holding in Jaguar may also increase following the transaction.
  • The deal values Jaguar at a fully diluted basis of US$55 million.
  • Green Shift's current position in Jaguar is valued at approximately US$11 million, assuming a go-public transaction today.
  • Green Shift has a portfolio of public and private equities in uranium and lithium companies.
  • The company's equity portfolio includes IsoEnergy, Premier American Uranium, Atha Energy, Jaguar, and other companies.
  • Forward-looking statements in the announcement highlight the company's strategy and expectations for the future.

Statistics:

  • US$10 million: The value of the common shares of Jaguar acquired by the company in exchange for the Laguna Salada and Huemul uranium projects.
  • US$55 million: Jaguar's fully diluted value following the transaction.
  • US$11 million: The approximate value of Green Shift's current position in Jaguar, assuming a go-public transaction today.
  • 20%: GCOM's expected interest in Jaguar following a public listing of the Jaguar Shares on a recognized stock exchange.

Sources:

  • GlobeNewswire, "Green Shift Commodities Ltd. Congratulates Portfolio Companies on Transaction"
  • Issuer Direct Corp, "Green Shift Commodities Ltd."
  • Toronto Stock Exchange, "Green Shift Commodities Ltd."

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