Jaguar Uranium US$25M IPO Underscores Value in Green Shift Commodities

On February 11, 2026, Green Shift Commodities (GCOM) announced that its significant investment holding, Jaguar Uranium Corp. (JAGU), completed its Initial Public Offering (IPO) and began trading on the NYSE American. Jaguar raised US$25 million at a price of US$4.00 per share. GCOM holds 5,181,777 shares of Jaguar. GCOM’s CEO stated the company intends to hold these shares for the long term, viewing the listing as a validation of GCOM’s strategy to pivot toward high-value uranium and lithium equities.

This news is highly material and creates an immediate, extreme valuation disconnect. - Valuation Arbitrage: GCOM's 5,181,777 shares in Jaguar at the US$4.00 IPO price are worth US$20,727,108. At current exchange rates (approx. 1.35), this is roughly $28 million CAD. - Market Cap Disparity: GCOM’s total market capitalization at $0.08 is only ~$11 million CAD. The market is currently valuing GCOM at less than 40% of the value of its stake in a single portfolio company, assigning zero or negative value to its 100% owned Armstrong Lithium project and other equity holdings (IsoEnergy, Royal Uranium, Lion Critical Elements). - Execution Progress: This marks the successful culmination of the April 2024 sale of the Berlin Project. GCOM has successfully offloaded the operational risk and liabilities of the Colombian asset while retaining a massive equity upside.

Green Shift Commodities has transitioned from a direct explorer to a resource-focused investment vehicle. - Flagship Asset: Its primary direct project is the Armstrong Lithium Project (Ontario, Canada), where it owns 100% interest. The project is located in the Seymour-Crescent-Falcon lithium trend but remains in early-stage exploration. - Investment Strategy: The company holds equity in several uranium and lithium players, effectively acting as a closed-end fund for junior resources.