geoLOGIC systems ltd. entered into an agreement to acquire JWN Energy Information Bossiness of GVIC Communications Corp. (TSX:GCT) for $8 million on March 9, 2021. The consideration consists of $4.5 million in cash at closing plus an earn-out of up to $3.5 million based on revenue payable over three years. The Transaction remains subject to customary closing conditions and is expected to close on or about March 12, 2021. The upfront capital and potential earn-out proceeds can be used to invest in the GVIC Communications Corp core growth opportunities.