The name change reflects the evolution of our asset portfolio and corporate mission to create, acquire, and manage market-leading technology businesses in the resource exploration and development sector.
GoldSpot is a company focused on driving mineral discoveries through artificial intelligence. From humble beginnings, the Company has become the undisputed leader in technology, big data and AI-centric mineral exploration with unmatched technical access and a team of over 80 geoscientists and data scientists/engineers. Working with clients such as Glencore, Vale,
But increasingly, GoldSpot's technology has evolved beyond different subsectors within exploration, and over the past years has grown into a diverse group of software, technology, field logistics and advisory businesses. GoldSpot has now grown into a company that enables future resource exploration and development by breaking down barriers along the entire value chain with its innovative approaches and technology. With the maturation of vision, a rebrand is necessary to reflect GoldSpot's structural changes and to broaden its investor base.
EarthLabs will represent a collection of industry-leading earth modelling, geology data management and specialized financial products that help both mining companies and mining investors make better decisions.
'To date, there is no doubt that GoldSpot has thrived in the mining sector with its unique business model and elite team of scientists. The creation of EarthLabs serves to unite the Company's portfolio under our mission to enable future resource exploration and development by breaking down barriers along the entire value chain with innovative approaches and technology,' said
Under EarthLabs, we plan to report on two operating segments:
About
Contact:
Tel: 647-992-9837
Email: investors@goldspot.ca
Cautionary Statement on Forward -Looking Information
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
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