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Mega Uranium Acquires Additional Securities Of Green Shift Commodities

PRIVATEDec 22, 2022

Acquiring Company

Mega Uranium Ltd

Acquired Company

Green Shift Commodities Ltd

TorontoTorontoMiningMineralManufacturingEnergyRenewable Energy

Description

Mega Uranium Ltd. (MGA: TSX) (“Mega” or the “Company”) announces that it has acquired ownership of an additional 3,333,333 common shares and 3,333,333 common share purchase warrants (the “Purchased Securities”) of Green Shift Commodities Ltd. (the “Issuer”), pursuant to a private placement of units completed by the Issuer on December 22, 2022 (“Closing”). The Purchased Securities were acquired by Mega at an aggregate cost of $500,000, or $0.15 per unit (with each unit comprised of one common share and one common share purchase warrant), and represent an increase of approximately 2.3% in the percentage of the Issuer’s outstanding common shares held by Mega, on an undiluted basis, and an increase of approximately 4.1% in the percentage of the Issuer’s outstanding common shares held by Mega, on a partially-diluted basis, assuming exercise of all of the Issuer’s warrants owned by Mega.

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Company Information

Company

Mega Uranium Ltd

Location

Toronto, Ontario, Canada

About

Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on the Georgetown uranium property in Australia and a portfolio of equity investments in uranium-focused public and private companies.

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Frequently asked

Who acquired Green Shift Commodities Ltd?

Green Shift Commodities Ltd was acquired by Mega Uranium Ltd, based in Toronto. The deal was reported on December 22, 2022. Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on the Georgetown uranium property in Australia and a portfolio of equity investments in uranium-focused public and private companies. Mega Uranium Ltd is privately held and operates in Mining.

When did Mega Uranium Ltd acquire Green Shift Commodities Ltd?

Mega Uranium Ltd's acquisition of Green Shift Commodities Ltd was reported on December 22, 2022. Mega Uranium Ltd. (MGA: TSX) (“Mega” or the “Company”) announces that it has acquired ownership of an additional 3,333,333 common shares and 3,333,333 common share purchase warrants (the “Purchased Securities”) of Green Shift Commodities Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Green Shift Commodities Ltd do?

Welcome to the Green Shift Commodities website It is privately held, operating in Manufacturing, and is based in Toronto.

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