FIRSTSERVICE CORPORATION — Capital/Financing Update 2021

Feb 25, 2021

51-102F3 Material Change Report

Item 1 Name and Address of Company

ASHANTI SANKOFA INC. (the “Company”)

708 – 1155 West Pender Street Vancouver, BC V6M 2P4 Canada

Item 2 Date of Material Change

February 23, 2021

Item 3 News Release

NR #21-03, dated February 23, 2021

Item 4 Summary of Material Change

Ashanti Sankofa Closes its Private Placement.

Item 5 Full Description of Material Change

The Company announced that it has closed the first tranche of private placement (the “Offering”) as initially announced on November 25, 2020.

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

This report is not being filed on a confidential basis in reliance on subsection 7.1(2) of National Instrument 51-102.

Item 7 Omitted Information

No information has been omitted on the basis that it is confidential information.

Item 8 Executive Officer

The following officer of the Company is knowledgeable about the material change disclosed in this report: Ronald Renne, CEO & Director, Tel: +44-7957 989 609

Item 9 Date of Report

February 23, 2021

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NEWS RELEASE

Ashanti Sankofa Updates its Private Placement

Vancouver, BC, February 8, 2021 - Ashanti Sankofa Inc . ("Ashanti" or the "Company") (TSXV: ASI) announces that it plans to close the first tranche of private placement (the “Offering”) as announced on November 25, 2020 to raise up to $150,000 at $0.02, which private placement is pursuant to a discretionary waiver of the $0.05 minimum pricing requirement granted by the TSX Venture Exchange (the “Exchange”), in the next few days, which will be announced as soon as applicable. The first tranche remains subject to final Exchange approval.

The Company further wishes to announce that it plans to continue with the remaining portion of the Offering, but at the price of $0.025 per share by using up to 6,000,000 units. Each unit will consist of one common share of the Company and one transferable common share purchase warrant exercisable to acquire an additional common share of the Company for a term of two years from issuance at price of $0.05 per share.

The proceeds of the Offering will be used for settling the outstanding liabilities, maintaining mine site workers in Ghana, management fees, administrative expenses for its head office, other continuous disclosure obligations and working capital.

Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including that of the Exchange.

All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

About Ashanti Sankofa Inc.

Ashanti Sankofa Inc is a publicly traded on TSX (TSX.V-ASI), a Vancouver, British Columbia based exploration and development stage company. Ashanti Sankofa's approach to success is to evaluate and acquire promising gold exploration projects either directly from the government or through purchases/options with other companies/individuals.

On behalf of the Board,

Ronald Renne Director and CEO +44-7957 989 609 rrenne@ashantisankofa.com

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company

assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.