Business
GoldSpot Expands Technology Footprint with Acquisition of Investor Social Network CEO.CA
Acquisition solidifies GoldSpot's commitment to acquire growing SaaS products and build r...
About this update from Earthlabs Inc
[{"type":"text","content":"GoldSpot Expands Technology Footprint with Acquisition of Investor Social Network CEO.CAAcquisition solidifies GoldSpot's commitment to acquire growing SaaS products and build robust and recurring revenue streamsThrough CEO.CA, GoldSpot will better serve its community of mineral explorers, and diversify into other promising technology businesses, increasing the Company's ARRCEO.CA will retain its distinct team, brand and independence, operating as a wholly owned subsidiary within GoldSpot's newly formed technology and media divisionToronto, Ontario--(Newsfile Corp. - August 16, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) (\"GoldSpot\" or the \"Company\"), a leading technology services company leveraging machine learning to transform the mineral discovery process, is pleased to announce that on August 15, 2021, it has entered into a definitive agreement with Spiel Technologies Ltd. and Pacific Website Company Inc. (collectively the \"Sellers\") under which GoldSpot will acquire all of the shares of CEO.CA Technologies Ltd. (\"CEO.CA\"). CEO.CA owns and operates a leading and rapidly-growing investment social network used by over 8 million corporate executives, institutional and retail investors with deep roots in the mining industry among other sectors.\"GoldSpot's focus is to unlock value in mineral exploration with data science and machine learning and we are proud to serve more than fifty global exploration companies in this endeavour. The acquisition of CEO.CA, and the establishment of a technology and media division, is strategic to that vision and provides significant economic potential to our clients and shareholders,\" commented GoldSpot Executive Chairman & President Denis Laviolette.A Leading Canadian Investment Community and Social NetworkFounded in 2012, CEO.CA is one of the most popular free financial websites and apps in Canada and for investors globally -- with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities and emerging companies. CEO.CA has seen incredible growth since its inception through its social network and its premium stock market data service 'CEO.CA PRO', a real-time level 2 market depth platform which it offe...