Greencastle closes acquisition of 4M Green Shift shares

Executive Summary

• Greencastle Resources Ltd. closed the acquisition of 4 million common shares of Green Shift Commodities Ltd., issuing 3.6 million treasury shares as consideration (valued at $180,000).
• The transaction was completed on an arm’s‑length basis, with no cash paid, finders’ fees, or commissions, and does not constitute a related‑party transaction under MI 61‑101.
• Consideration shares are subject to a statutory hold period until May 30 2026; they are expected to list on the TSX‑V thereafter, providing Greencastle exposure to commodity‑cycle upside.

Key Details

• Acquisition Size: 4 million common shares of Green Shift Commodities Ltd.
• Consideration Issued: 3.6 million Greencastle common shares from treasury at a deemed price of $0.05 per share, total deemed value $180,000.
• Payment Structure: No cash consideration; purely equity‑for‑equity swap.
• Transaction Nature: Arm’s‑length third‑party purchase agreement dated Jan 19 2026; all corporate approvals obtained and TSX‑V acceptance secured for share issuance.
• Strategic Rationale: Provides Greencastle selective exposure to a prospective resource company, aligning with its strategy to hold positions in commodity‑cycle upside opportunities.
• Statutory Hold Period: Shares subject to a four‑month‑plus‑one‑day hold period, expiring May 30 2026; anticipated TSX‑V listing after expiry.
• Regulatory Compliance: No finders’ fees or commissions paid; transaction not a related‑party deal under MI 61‑101.

Notable Quotes

(No direct quotes provided in the release.)