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Toronto, Ontario--(Newsfile Corp. - February 16, 2023) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) ("EarthLabs" or the "Company") is pleased to announce that it has completed its previously announced
ALS acquires EarthLab's GoldSpot consulting group alongside Ridgeline and Geotic for total cash proceeds of $24,000,000 and the assumption of up to $6,000,000 in assumed liabilities Sale reduces R&D costs
The ExplorTech division comprises the EarthLabs' GoldSpot Discoveries consulting group alongside Ridgeline Exploration Services Inc. and Geotic Inc.
ALS Limited acquires EarthLab's GoldSpot consulting group alongside Ridgeline and Geotic for total cash proceeds of $24,000,000 and the assumption of $6,000,000 in assumed liabilitiesSale reduces R&D