TORONTO, April 03, 2023 (GLOBE NEWSWIRE) — Green Shift Commodities Ltd. (TSXV: GCOM), (“Green Shift”, “GCOM” or the “Company”) (TSXV:GCOM) (OTCQB:UWEFF) is pleased to announce that its common shares have commenced trading on the OCTQB under the symbol UWEFF. The listing complements GCOM’s recent eligibility for electronic clearing and settlement through the Depository Trust Company in the United States.
Trumbull Fisher, CEO and Director of GCOM commented, “Listing on the OTCQB marketplace marks an important milestone for GCOM, as it will provide increased exposure to U.S. investors and broaden our shareholder base. Importantly, this listing comes at a time of significant growth for our Company, as we have recently completed several strategic acquisitions that have expanded our portfolio and solidified our position as a first mover in hard rock lithium exploration in Argentina. We look forward to continuing to drive value for our shareholders as we pursue our vision of creating a more sustainable future.”
The OTCQB is a US trading platform operated by the OTC Markets Group and is the premier marketplace for entrepreneurial and development stage US and international companies committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
The OTCQB listing has the potential to further enhance trading volumes through an expansion of investment advisers’ ability to recommend investments to their US clients. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
The Company has also filed an OTCQB Voluntary Symbol Change Request to change its ticker symbol from “UWEFF” to “GRCMF” to align with the corporate rebrand completed in October 2022. Upon completion of the ticker symbol change, GCOM will notify its shareholders in a press release. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “GCOM”.
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