1377900 BC Ltd entered into an agreement to acquire Consulting & Exploration Tech Division from EarthLabs Inc. (TSXV:SPOT) for CAD 30 million on October 25, 2022. The ExplorTech Division includes EarthLabs' GoldSpot Discoveries consulting group alongside Ridgeline Exploration Services Inc. and Geotic Inc. EarthLabs will receive aggregate cash proceeds of CAD 24 million and ALS will assume CAD 6 million in liabilities of EarthLabs, subject to working capital adjustments. The Transaction is subject to customary closing conditions including the receipt of all applicable director, shareholder, third party and regulatory approvals, including the approval of the TSX Venture Exchange, and is currently expected to close by December 31, 2022. The transaction is currently expected to close by early December 2022.

1377900 BC Ltd completed the acquisition of Consulting & Exploration Tech Division from EarthLabs Inc. (TSXV:SPOT) on December 1, 2022. Miles Pittman, Ravi Latour, Karleigh Maag, Michelle Jin, Michael Akins, Jessica Schuldhaus, ValÃrie Olivier, Laura Mensch, Chanel Sterie, Francois LongprÃ, LuAnne Morrow, Jason Howg, Jodi Berry, Raphael Roditi, Xavier Berwald-Grégoire and Jennifer Hanna of Borden Ladner Gervais LLP acted as Legal advisors for ALS, parent company of 1377900 BC Ltd.