GCOM

Green Shift Closes Previously Announced Sale of the Berlin Project, Colombia

Retrieved on: 
Tuesday, April 9, 2024

TORONTO, April 09, 2024 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has closed the previously announced (see previous press release dated December 11, 2023), sale (the “Transaction”) of its Berlin Project (“Berlin” or the “Project”) located in Caldas, Colombia to Jaguar Uranium Corp. (formally Latam Battery Metals Inc.) (“Jaguar”).

Key Points: 
  • TORONTO, April 09, 2024 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has closed the previously announced (see previous press release dated December 11, 2023), sale (the “Transaction”) of its Berlin Project (“Berlin” or the “Project”) located in Caldas, Colombia to Jaguar Uranium Corp. (formally Latam Battery Metals Inc.) (“Jaguar”).
  • Trumbull Fisher, CEO and Director of GCOM, commented, “We are pleased to complete this transaction which offers GCOM several benefits.
  • Firstly, with multiple lithium exploration opportunities, our portfolio now appropriately reflects our exploration focus and technical expertise in Canada and Argentina.
  • GCOM issued 3,333,333 common shares to Generic Capital Corp. as compensation for advisory services in connection with the Transaction.

Following merger, GCOM and OnCore Consulting to Rebrand as Voyatek

Retrieved on: 
Monday, April 8, 2024

Today, marking the next phase in their integration, the companies announced that they are now Voyatek .

Key Points: 
  • Today, marking the next phase in their integration, the companies announced that they are now Voyatek .
  • GCOM and OnCore employees can still be reached through their legacy email and contact information.
  • The Voyatek brand includes GCOM Software LLC, OnCore Consulting LLC, ASR Analytics, LLC, GANTECH Inc, Qlarion, LLC, and Three Sigma Software LLC.
  • Each company remains a legal entity and their respective contracts and subcontracts will remain as-is.

Green Shift Completes Initial Sampling Program at the Armstrong Lithium Project in Ontario

Retrieved on: 
Tuesday, January 9, 2024

Peter Mullens, Executive Chairman of GCOM commented, “We are excited to advance the Armstrong Project with initial exploration.

Key Points: 
  • Peter Mullens, Executive Chairman of GCOM commented, “We are excited to advance the Armstrong Project with initial exploration.
  • Sampling has shown the presence of potential lithium bearing pegmatites with a peraluminous granite source, which resembles closely the highly prospective neighbouring properties held by GT1 and Antler.
  • Relevant analytical results of the samples are listed in Table 1 and include lithium, cesium (Cs), rubidium (Rb) and tantalum.
  • Table 1 – Relevant analytical results of samples are listed below and include lithium, cesium, rubidium and tantalum.

Green Shift Enters Agreement to Sell its Berlin Project in Colombia

Retrieved on: 
Monday, December 11, 2023

Unlocks value for the Project today allowing GCOM to retain exposure to uranium, while focusing on advancing its portfolio of Lithium projects across the Americas.

Key Points: 
  • Unlocks value for the Project today allowing GCOM to retain exposure to uranium, while focusing on advancing its portfolio of Lithium projects across the Americas.
  • Puts the Project in the hands of Latam, who encompasses in country, technical and operating experience to advance the Project through development.
  • Further improves GCOM’s balance sheet as Latam is assuming all liabilities and taxes associated with the Project.
  • In addition, this transaction provides a significant increase to our working capital as Latam is assuming all the liabilities associated with the Berlin project."

Green Shift Signs MOU with Whitesand First Nation for the Armstrong Lithium Project in Ontario

Retrieved on: 
Tuesday, October 10, 2023

TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with the Whitesand First Nation (“WFN”) in connection with the Armstrong Lithium project (the “Armstrong Project”), located in the Seymour-Crescent-Falcon lithium belt, ~55 km northeast of the town of Armstrong and ~245 km from Thunder Bay in Ontario, Canada.

Key Points: 
  • TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with the Whitesand First Nation (“WFN”) in connection with the Armstrong Lithium project (the “Armstrong Project”), located in the Seymour-Crescent-Falcon lithium belt, ~55 km northeast of the town of Armstrong and ~245 km from Thunder Bay in Ontario, Canada.
  • It also prioritizes employment, training, and business opportunities between GCOM and WFN, enabling strong collaboration as the Armstrong Project is advanced toward an exploration permit.
  • With the MOU providing the green light to operate in the Armstrong Project area, GCOM has commenced initial groundwork with a mapping and sampling program consisting of 91 samples taken thus far.
  • Trumbull Fisher, CEO and Director of GCOM, commented, “We are honoured to collaborate with the Whitesand First Nation to advance the Armstrong Project.

GCOM Names Lisa Mascolo as New CEO

Retrieved on: 
Tuesday, September 19, 2023

COLUMBIA, Md., Sept. 19, 2023 (GLOBE NEWSWIRE) -- GCOM , a leading technology company that specializes in outcome-driven solutions for the public sector, announced today that board member Lisa Mascolo has been appointed CEO.

Key Points: 
  • COLUMBIA, Md., Sept. 19, 2023 (GLOBE NEWSWIRE) -- GCOM , a leading technology company that specializes in outcome-driven solutions for the public sector, announced today that board member Lisa Mascolo has been appointed CEO.
  • Mascolo succeeds Kamal Bherwani, who will return to his seat on the board of directors.
  • Mascolo will focus on bringing the two teams together to drive even better outcomes for the clients they serve.
  • Because of them, the combined team has a very strong platform from which to launch.”
    Contact GCOM to learn more: https://www.gcomsoft.com/contact/

Green Shift Closes Previously Announced Acquisition of Option to Acquire the Armstrong Lithium Project in Ontario, Canada and Provides Corporate Update

Retrieved on: 
Friday, September 15, 2023

TORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has completed the previously announced acquisition (the “Transaction”) of an existing option (the “Option”) to purchase a 100% interest in the Armstrong Lithium Project (the “Armstrong Project” or the “Project”).

Key Points: 
  • TORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has completed the previously announced acquisition (the “Transaction”) of an existing option (the “Option”) to purchase a 100% interest in the Armstrong Lithium Project (the “Armstrong Project” or the “Project”).
  • Community consultations for Phase 1 exploration have been completed, and the Company has garnered positive support for the project.
  • The Company anticipates mobilizing its field crews upon receipt of permits in due course and will provide an update as details become available.
  • With the successful close of this transaction, we are excited to have commenced groundwork in the mining-friendly region of Ontario.

Affiliate of Paceline Equity Partners Participates in $175 Million Facility for GCOM Software’s Merger with OnCore Consulting

Retrieved on: 
Wednesday, August 30, 2023

An affiliate of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that it has participated in a $175 million financing facility to support GCOM Software LLC’s (“GCOM” or the “Company”) merger with OnCore Consulting, LLC (“OnCore”).

Key Points: 
  • An affiliate of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that it has participated in a $175 million financing facility to support GCOM Software LLC’s (“GCOM” or the “Company”) merger with OnCore Consulting, LLC (“OnCore”).
  • GCOM is a portfolio company of Sagewind Capital, LLC (“Sagewind”), a New York-based middle-market private equity firm.
  • OnCore is a respected provider of information technology consulting services for the public sector in the State of California.
  • “We are excited to support Sagewind in their continued growth of the GCOM platform via the merger with OnCore,” said Sam Loughlin, Chief Executive Officer of Paceline.

GCOM Announces Merger with OnCore Consulting

Retrieved on: 
Tuesday, August 29, 2023

COLUMBIA, Md., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Today, GCOM , a leading technology company that specializes in outcome-driven solutions for state and local governments, and OnCore Consulting , a preeminent provider of technology modernization and digital transformation services for the public sector in California, announced their merger.

Key Points: 
  • COLUMBIA, Md., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Today, GCOM , a leading technology company that specializes in outcome-driven solutions for state and local governments, and OnCore Consulting , a preeminent provider of technology modernization and digital transformation services for the public sector in California, announced their merger.
  • “This is an important step in both deepening and widening our mission to help governments create healthier, safer and more prosperous communities,” said Kamal Bherwani, CEO of GCOM.
  • “The merger builds upon our decades of experience partnering with government agencies to deliver positive outcomes for their constituents.
  • Our customers will now benefit from broader solution sets, greater scale, and unmatched domain expertise.”
    “The merger of OnCore and GCOM unites two complementary businesses and cultures, each with reputations for customer satisfaction,” said John Nichols, co-founder and Managing Director at OnCore.

Green Shift Expands its Lithium Portfolio with the Acquisition of the Armstrong Project in Ontario, Canada and Provides Corporate Update

Retrieved on: 
Wednesday, August 16, 2023

The Project consists of 90 contiguous claims totaling ~1,800 ha, located in the Seymour-Crescent-Falcon lithium belt, ~55 km northeast of the town of Armstrong and ~245 km from Thunder Bay in Ontario, Canada.

Key Points: 
  • The Project consists of 90 contiguous claims totaling ~1,800 ha, located in the Seymour-Crescent-Falcon lithium belt, ~55 km northeast of the town of Armstrong and ~245 km from Thunder Bay in Ontario, Canada.
  • Expands GCOM’s lithium portfolio into the mining friendly jurisdiction of Ontario, Canada.
  • Adds a third project in a known lithium belt, recognized for its recent exploration successes including the development of the nearby Seymour Project owned by Green Technology Metals Ltd. (“GT1”).
  • We believe that the Armstrong Project will contribute to our presence in a mining-friendly jurisdiction, providing critical mass to our operations.