Big Tree Signs Letter Agreement to Sell Biodiversity Business Plan

(TheNewswire)

Toronto, Ontario, February 24,2025 – TheNewswire - Big Tree CarbonInc. (the “ Company ” or “ Big Tree ”) (TSXV:BIGT) is pleased to announcethat the Company has signed a letter agreement dated February 21, 2025(the “ LetterAgreement ”) with 1001089934 Ontario Inc. (the “ Purchaser ”) whereby Big Tree will assign and transfer tothe Purchaser, the N ANAVERSE platform and allassociated developments (the “ Purchased Assets ” as set outbelow) (the “ Transaction ”) (see the Press Releases issued by the Companyon March 26, 2024 and September 24, 2024).

Letter Agreement Terms andConditions

Big Tree will transfer the following Purchased Assets to thePurchaser:

(i) a business plan developed by Big Treeregarding the creation of the NANAVERSE platform, the acquisition anddisclosure relating to Biodiversity Projects on the NANAVERSE platformand the steps necessary to make the NANAVERSE platform operational(collectively, the “ BiodiversityBusiness Plan ”);

(ii) the software and web development contract;

(iii) the concept of the NANAVERSE platform andthe development of the NANAVERSE platform to the date of Closing; and

(iv) government and all other contacts made byBig Tree in respect of the Biodiversity Business Plan and all othertrade secrets, know-how and intellectual property associated with theBiodiversity Business Plan, that has been created by Big Tree,

in consideration for a $1,000,000 Promissory Note, Preferred Shares ofthe Purchaser entitling Big Tree to 16% of the proceeds received bythe Purchaser in respect of each biodiversity project managed throughthe NANAVERSE platform at the end of the 20 year term of each project and acontractual royalty entitling Big Tree to 2% of proceeds receivedannually by the Purchaser in respect of each biodiversity projectmanaged through the NANAVERSE platform.

Closing of the Transaction (the “ Closing ”) is subject to thefulfillment of certain conditions precedent as are customary fortransactions of this nature including final approval from the TSXVenture Exchange.

On Closing, the Purchaser will change its name to NANAVERSE Inc. and issue thePromissory Note and Preferred Shares to Big Tree. Ian Brodie-Brown,Director of Business Development and a member of the Board ofDirectors of Big Tree, who developed the Biodiversity Business Plan,will resign as a director of Big Tree and become the Chief ExecutiveOfficer of NANAVERSE Inc. Dominic Doull, the President and soledirector of the Purchaser, will continue as the President and soledirector of NANAVERSE Inc.

The Purchaser will seek financing for the NANAVERSE Project followingClosing. Once the Purchaser has raised a minimum of $4 million, thePromissory Note will be paid.

Once funded, the Purchaser will continue with thedevelopment of the NANAVERSE platform and the biodiversity projects tobe referred to as the NANAVERSE Project. The NANAVERSE Project is anew construct in capitalism that halts the pressure on Nature byputting an economic value on its remaining unspoiled Biodiversity.This project implements a balance between economics and the Earth’snatural engineering.

The year 2025 marks an era of tremendous pressure onour ecosystems, created by 8.2 billion people and a $110 trilliondollar global economy. The NANAVERSE Project has an answer to thehuman relationship with the planet, through a financial mechanism thatrecognizes and values our dependence on Nature.

The key economic construct of the NANAVERSEis The infinity L ?? P. This construct introduces a financial accountingthat respects our place within the Natural system by providing ‘Afilter’ for FIAT currencies. This process was developed to reversethe damage done by underwriting the creation of capital through theremoval of the earths living natural assets, by passing the FIAT moneycreated, back through 20 year biodiversity stewardship projects.

The NANAVERSE Project will offer the general public,finance, corporate, government and social organizations theopportunity to directly support the value of Nature through 20-yearprojects protecting biodiversity assets and participate in thefurtherance of our responsibility to preserve the natural habitat ofall living species for our own benefit, and our place within Nature.Software and web development is being provided by a recognized team oftech industry designers.

ABOUT BIG TREE CARBON INC.

Big Tree Carbon Inc. is an indigenous-led publicly-traded naturalasset resource company focused on developing Biodiversity Stewardshipprojects, based in Ontario, Canada.

FOR FURTHER INFORMATION PLEASECONTACT:

Big Tree Carbon Inc.

Christopher Angeconeb        IanBrodie-Brown

President and C.E.O.       Director of Business Development

(807) 737-5353        (416) 844-9969

christopherangeconeb@gmail.com       bigtree007@icloud.com

Forward Looking Statement:

Some of the statements contained herein may beforward-looking statements which involve known and unknown risks anduncertainties. Without limitation, statements regarding potentialmineralization and resources, exploration results, and future plansand objectives of the Company are forward looking statements thatinvolve various risks.  The following are important factors thatcould cause the Company’s actual results to differ materially fromthose expressed or implied by such forward looking statements: changesin the world-wide price of mineral commodities, general marketconditions, risks inherent in mineral exploration, risks associatedwith development, construction and mining operations, the uncertaintyof future profitability and the uncertainty of access to additionalcapital. There can be no assurance that forward-looking statementswill prove to be accurate as actual results and future events maydiffer materially from those anticipated in such statements. Big Treeundertakes no obligation to update such forward-looking statements ifcircumstances or management’s estimates or opinions should change.The reader is cautioned not to place undue reliance on suchforward-looking statements.

Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.

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