Smartset Services Inc. announced that it has entered into an agreement, amending the terms of its binding letter of intent dated June 17, 2021 with GBM Resources Ltd. and Great Southern Gold Corp., previously announced on June 17, 2021. As previously disclosed, pursuant to the terms of the LOI Smartset would acquire 100% of the exploration and mining rights for the "Mt Morgan Project" claims located in Queensland, Australia from GBM; and would acquire all of the issued and outstanding shares of Great Southern Gold Corp., which owns the exploration rights to the of the Bingara, Nundle, Bonalbo and Klondyke projects located in New South Wales, Australia. In consideration of which, Smartset will: Consolidate its issued share capital at a ratio of 0.75:1.0; Issue 20,079,545 new shares to GBM; make a cash payment to GBM in an amount equal to the actual amount expended by GBM on obtaining native title and landholder access and compensation agreements, and exploration expenditures on the Mt Morgan Claims group between the date of the signing of LOI until closing, to a maximum of CAD 250,000; Issue 10,568,182 shares to acquire 100% of the issued and outstanding shares of GSG; and subject to receipt of TSXV approval, in connection with the execution of the LOI, Smartset will advance an aggregate of CAD 250,000 to GSG, by way of a secured loan. Under the terms of the Amending Agreement, subject to GBM exercising its option to acquire exploration permit EPM 17850 Mt Morgan, in addition to the foregoing, Smartset will acquire the Optioned Property from GBM in consideration of Smartset issuing a further 380,000 post-consolidation common shares to GBM making a further a cash payment to GBM payable on Closing, in an amount equal to CAD 32,500, plus the actual amount of out of pocket expenses incurred by GBM in connection with acquiring the Optioned Property (including legal fees, taxes and regulatory fees), to a maximum of CAD 10,000.