GOAT Industries Ltd. (CNSX:GOAT) entered into asset purchase agreement to acquire Lacana-Doran Claim Blocks for CAD 0.8 million on March 8, 2023. Lacana-Doran Claim Blocks from certain arm's length parties pursuant to two separate asset purchase agreements. Pursuant to the Asset Purchase Agreements, the Company will acquire a 100% interest in the Lacana-Doran Claim Block by issuing an aggregate of 80,000,000 common shares (the “Consideration Shares”) at a deemed issue price of CAD 0.011 per share.

The closing of the acquisition of the Lacana-Doran Claim Block is subject to the satisfaction of customary closing conditions.