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BIGT.V ·

Big Tree Announces Focus on Biodiversity Resource Management

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Suite 3600, 22 Adelaide Street West, Toronto, Ontario Canada M5H 4E3 · Tel: (807) 737-5353 · Fax (416) 865-6636

Big Tree Announces Focus on Biodiversity Resource Management

NEWS RELEASE FOR IMMEDIATE RELEASE

NOVEMBER 3, 2022 TSXV Symbol: BIGT

Toronto, Ontario, November 3, 2022 – Big Tree Carbon Inc. (the “Company” or “Big Tree”)

(TSXV:BIGT) wishes to announce the evolution of its Natural Asset Resource business from a

Carbon Offset focus to include a new Biodiversity approach. As global markets establish the protocols to

licence and market carbon offsets, the next phase of the Natural Asset Resource business is emerging

through the development of protocols to value Biodiversity.

Capitalism is the only aspect of human nature which can move quickly enough to alter the ongoing

impact of human consumption on the planet. In approximately 70 days the population will pass the 8

billion mark, with consumerism heavily impacting the harvesting, extraction and utilization of the

remaining natural assets. In order to continue to extract and utilize earth’s diminishing assets, we as a

species have to establish a new partnership and enter into a new stage of Natural Resource development

through the maintenance, regeneration and sustainability of natural resources for the continued benefit of

life on earth. Biodiversity management is a new field of business which provides for the protection and

preservation of global natural assets by maintaining the areas of the planet that remain relatively

undisturbed by human activity. Biodiversity works as an offset or credit opportunity for companies who

wish to impact the planet by allowing those companies to offset the impact by paying for the protection

and preservation of other natural biodiversity assets.

From a recent Financial Post article dated Oct. 27, 2022 headlined “Require Biodiversity Information,

businesses tell governments” (Marisa Coulton) Montreal - “Hundreds of businesses around the world

made an unusual request Wednesday, asking governments to force them to disclose how their operations

impact biodiversity. / Three hundred and thirty businesses from 52 countries signed the COP15 Business

Statement for Mandatory Assessment and Disclosure in advance of the UN Biodiversity Conference,

COP15, which will be held Dec. 7 to 19 in Montreal.”

By having companies disclose the impact their operations have on biodiversity, a framework can be

created for monetizing the preservation of biodiversity assets. A natural evolution of the capital markets is

to understand and value the enhancement and protection of biodiversity. Big Tree proposes to focus on

developing a framework to understand the true value of Nature in the sustainability of all species on earth.

Big Tree is the only public resource company with a majority board of directors representing an

Indigenous culture of North America. Canada has substantial untouched Boreal Forest, a significant

proportion of which lies within the traditional territories of the First Nations of Canada. Big Tree

continues to work on fulfilling its role in the emerging Carbon Offset business and now announces the

intention to expand into Biodiversity, something the executive team has been working on for over 36

months. Using its experience in the Carbon Offset business and its relationships with First Nations, Big

Tree is well-positioned to develop a biodiversity business.

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Suite 3600, 22 Adelaide Street West, Toronto, Ontario Canada M5H 4E3 · Tel: (807) 737-5353 · Fax (416) 865-6636

Big Tree has begun conversations with communities outside of Ontario and outside Canada to begin

expanding the global Indigenous lead Biodiversity business. Underlining the success of the biodiversity

business will be a partnership with Nature, backed and supported by global finance, to mark the highest

future asset class on earth, global sustainability.

ABOUT BIG TREE CARBON INC.

Big Tree is a carbon sequestration natural resource developer and a mineral exploration company focused

on the acquisition, exploration, and development of gold properties. Big Tree has a portfolio of Forest

Carbon projects under development namely the Lac Seul and Agoke projects - and several mineral

exploration assets in Ontario, which include the Richardson Lake, Ranger Lake, Dancing Man and

Bridget Lake gold properties.

FOR FURTHER INFORMATION PLEASE CONTACT:

Big Tree Carbon Inc.

Christopher Angeconeb Ian Brodie-Brown

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

(807) 737-5353 (416) 844-9969

[email protected] [email protected]

Forward Looking Statement:

Some of the statements contained herein may be forward-looking statements which involve known and

unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and

resources, exploration results, and future plans and objectives of the Company are forward looking

statements that involve various risks. The following are important factors that could cause the

Company’s actual results to differ materially from those expressed or implied by such forward looking

statements: changes in the world-wide price of mineral commodities, general market conditions, risks

inherent in mineral exploration, risks associated with development, construction and mining operations,

the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no

assurance that forward-looking statements will prove to be accurate as actual results and future events

may differ materially from those anticipated in such statements. AurCrest undertakes no obligation to

update such forward-looking statements if circumstances or management’s estimates or opinions should

change. The reader is cautioned not to place undue reliance on such forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.