Evolution Global Frontier Ventures Corp. (CNSX:EGFV) announced the spin-off of 1315622 BC Ltd., on July 2, 2021. 14.25 million Subco D (1315622 BC Ltd.) shares multiplied by the Conversion Factor and up to an additional 100 Subco D Shares will be issued to EGFV Shareholders in consideration for the assignment and EGFV shareholders will get shares in Subco D post completion of arrangement. In related arrangements, EGFV will also distribute shares in 4 other Subco's (A, B C and E). The transaction will be subject to the fulfillment of certain conditions, including approval by the EGFV shareholders, approval by the Court, approval by shareholders of 1315622 BC Ltd., all other consents, orders, regulations and approvals, including regulatory and judicial approvals and orders, required, necessary or desirable for the completion of the Arrangement must have been obtained or received, each in a form acceptable to EGFV, Subco A, Subco B, Subco C, Subco D and Subco E; and the Arrangement Agreement must not have been terminated. The Board of EGFV unanimously resolved to recommend that EGFV Shareholders vote in favor of the Arrangement Resolution. Closing date is expected to be July 30, 2021 or some other date as agreed. On August 31, 2021, EGFV received the final order from the British Columbia Supreme Court for the approval of the previously announced plan of arrangement. EGFV shareholder will participate in the share exchange for the spin-out of the subsidiaries on the record date September 9, 2021. In addition, EGFV announced September 10, 2021 as the effective date for the company to begin the spin-out of the subsidiaries. As of November 16, 2021, record date has been set as November 18, 2021. As per update on November 19, 2021, spin off will be effective on November 22, 2021. Endeavour Trust Corporation acted as the transfer agent to Evolution Global Frontier Ventures Corp.

Evolution Global Frontier Ventures Corp. completed the Spin-Off of 1315622 BC Ltd on January 25, 2022.