Business · Companies · 2 hrs ago
Green Shift Agrees to Sell Argentina’s Los Altares Project to Myriad Uranium
Green Shift agreed to sell the Los Altares Project to Myriad Uranium under a definitive agreement dated October 9, 2026.
The project is held by Green Shift’s wholly owned Argentine subsidiary, Buenavida Metales.
Los Altares is in Central Chubut, Argentina.
Under the deal, Green Shift will receive C$300,000 in cash and C$700,000 in Myriad shares.
It will also keep a 2% royalty on the project’s net smelter returns.
Green Shift says the sale will provide cash while leaving it with a royalty and an equity interest in Myriad.
Green Shift Commodities agreed to sell its Los Altares Project in Argentina to Myriad Uranium.
The definitive agreement was dated October 9, 2026.
Myriad will acquire all issued and outstanding shares of Buenavida Metales, Green Shift’s wholly owned Argentine subsidiary that holds the project.
Green Shift will receive C$300,000 in cash, C$700,000 in Myriad common shares and a 2% net smelter returns royalty.
The deal leaves Green Shift with exposure to the project through the royalty and its equity interest in Myriad.
- Who
- Green Shift Commodities and Myriad Uranium are parties to the agreement.
- What
- Myriad agreed to acquire all shares of Buenavida Metales, which holds the Los Altares Project. Green Shift will receive cash, Myriad shares and a royalty.
- When
- The agreement was dated October 9, 2026; the announcement was published October 13, 2026.
- Where
- The Los Altares Project is in Central Chubut, Argentina.
- Why
- The transaction provides Green Shift with cash proceeds while retaining exposure to the project through a royalty and an equity interest in Myriad.
This story does not have two clearly opposing sides.
Green Shift and Myriad entered into the definitive share purchase agreement.
Green Shift announced the agreement.
- Buyer
- Myriad Uranium Corp.
- Seller's subsidiary
- Buenavida Metales S.A.
- Project location
- Central Chubut, Argentina
- Cash payment
- C$300,000
- Myriad shares
- C$700,000 in common shares
- Royalty
- 2% net smelter returns






