EarthLabs Inc. — Capital/Financing Update 2021

Apr 30, 2021

FORM 51-102F3 MATERIAL CHANGE REPORT UNDER SECTION 7.1 OF NATIONAL INSTRUMENT NO. 51-102

Item 1. Reporting Issuer

GoldSpot Discoveries Corp. (the “Company”) 69 Yonge Street, Suite 1010 Toronto, Ontario M5E 1K3

Item 2. Date of Material Change

A material change took place effective April 28, 2021

• Item 3. Press Release On April 28, 2021, a news release in respect of the material change was disseminated by the Company.

Item 4. Summary of Material Change

The Company announced its intention to effect a normal course issuer bid through the facilities of the TSX Venture Exchange pursuant to which, subject to receipt of regulatory approval, the Company may, during the 12 month period commencing May 4, 2021 and ending May 3, 2022, purchase on the TSX Venture Exchange up to 4,736,243 common shares in total, representing approximately 5% of the common shares of the Company currently issued and outstanding.

Item 5. Full Description of Material Change The material change is described in the Company's press release attached hereto as Schedule "A", which press release is incorporated by reference herein.

Item 6. Reliance on subsection 7.1(2) of National Instrument 51-102

The report is not being filed on a confidential basis.

• Item 7. Omitted Information

No information has been omitted.

Item 8. Executive Officer

Denis Laviolette

Item 9. Date of Report

DATED at Toronto, in the Province of Ontario, this 30[th] day of April, 2021.

SCHEDULE "A"

69 Yonge Street, Suite 1010 Toronto, Ontario, M5E 1K3

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GoldSpot Announces Normal Course Issuer Bid

TORONTO, ON – April 28, 2021 – GoldSpot Discoveries Corp. (TSXV: SPOT) (the “ Company ” or “ GoldSpot ”) is pleased to announce today its intention to effect a normal course issuer bid through the facilities of the TSX Venture Exchange, subject to receipt of regulatory approval.

Upon receiving regulatory approval, GoldSpot may, during the 12 month period commencing May 4, 2021 and ending May 3, 2022, purchase on the TSX Venture Exchange up to 4,736,243 common shares in total, representing approximately 5% of the common shares of GoldSpot currently issued and outstanding. The price which GoldSpot will pay for any such common shares will be the market price at the time of acquisition. The actual number of common shares which may be purchased and the timing of any such purchases will be determined by GoldSpot. GoldSpot has retained Haywood Securities Inc. to effect purchases on its behalf pursuant to the bid. GoldSpot is effecting the bid at this time as it believes that its common shares are undervalued at their current market prices and that the purchase of common shares would be a prudent use of funds.

About GoldSpot Discoveries Corp.

GoldSpot Discoveries Corp. (TSXV: SPOT) is a technology services company in mineral exploration. GoldSpot is a leading team of expert scientists who merge geoscience and data science to deliver custom solutions that transform the mineral discovery process. In the race to make discoveries, GoldSpot produces Smart Targets and advanced geological modelling that saves times, reduces costs, and provides accurate results.

For further information please contact:

Denis Laviolette, Executive Chairman and President GoldSpot Discoveries Corp. Tel: 647‐992‐9837 Email: investors@goldspot.ca

Cautionary Statement on Forward ‐Looking Information

Neither the TSX Venture Exchange ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward‐looking information which involve risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward‐looking information. Forward‐looking information in this news release includes, but is not limited to, any purchases that may be effected under the proposed normal course issuer bid and the terms of such purchases, if any, and the receipt of applicable regulatory approvals. Factors that could cause actual results to differ materially from such forward‐looking information include, but are not limited to, failure to obtain regulatory approvals, unavailability of financing, prevailing market conditions, as well as those risks set out in GoldSpot’s public documents filed on SEDAR. Although GoldSpot believes that the assumptions and factors used in preparing the forward‐looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. GoldSpot disclaims any intention or obligation to update or revise any forward‐looking information, whether as a result of new information, future events or otherwise, other than as required by law.