Lateral Gold Executes Amalgamation Agreement with CANHaul International

CANHaul is a company existing under the laws of Alberta, which aims to be a leading company in the location-based connectivity and visibility space. CANHaul’s Trakopolis platform is enterprise-centric and provides configurable functionality and location based connectivity to companies with remote and mobile assets like vehicles, equipment and people across a number of industries including oil and gas, construction, service, transportation, rental, mining, forestry and insurance. Trakopolis enables crucial visibility of corporate assets combined with cloud-based analytics to significantly enhance business intelligence. Companies in search of greater efficiency, control, planning and safety use Trakopolis to change the way they do business. The Trakopolis platform is further leveraged by complimentary products that capitalize on the Internet of Things (IoT) revolution. Upon closing of the RTO, Lateral intends to change its name to “Trakopolis IoT Corp.”.

Investors are cautioned that, except as disclosed in any information circular or other disclosure document to be prepared in connection with the RTO, any information released or received with respect to the RTO may not be accurate or complete and should not be relied upon. Trading in the securities of Lateral will remain halted pending receipt and review of acceptable documentation regarding the RTO.

The Exchange has in no way passed upon the merits of the proposed RTO and has neither approved nor disapproved the contents of this press release.