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BIGT.V ·

Big Tree Carbon Announces New Industry Alliance

Partnerships & JV

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

(416) 865-6636

Big Tree Carbon Announces New Industry Alliance

NEWS RELEASE FOR IMMEDIATE RELEASE

DECEMBER 15, 2022 TSXV Symbol: BIGT

Toronto, Ontario, December 15, 2022 – Big Tree Carbon Inc. (the “Company” or “Big Tree”)

(TSXV:BIGT) is pleased to inform shareholders and the capital markets that the Company has

signed an Engagement Letter with Colliers and R&B Cormier Inc. (“Colliers/Cormier”), who

will act jointly to provide consulting and analysis services to Big Tree forest carbon projects and

future forest-based business developments.

Colliers is a leading professional services and investment management company. With

operations in 63 countries, their 18,000 enterprising professionals work collaboratively to

provide expert real estate and investment advice to their clients. colliers.com

R&B Cormier Inc. (“Cormier”) is a Natural Resource Contracting and Consulting firm based in

Sault Ste. Marie, Ontario, Canada. The Contracting division supplies satellite, radar and airborne

imagery, operational field services, and three dimensional land mapping. The Consulting

division specializes in wood supply and biomass analysis, including timber and non-timber

product research. (See www.rbcormier.com)

Together, Colliers/Cormier has been responsible for the analysis marketing and sale of $140

million in multiple carbon-based land sales encompassing approximately 180,000 hectares in the

past two years in Ontario.

This multidisciplinary success and fee-based engagement with Colliers/Cormier will provide the

Company with assistance in raising project and operations capital, securing project development

partners and technical services to determine feasibility of carbon based and traditional forestry

and power-based projects to foster Big Tree’s stated mandate of providing expertise and project

funding to First Nations led resource projects.

Big Tree Carbon Inc. is unique as an indigenous led publicly traded Natural Resource

development company, actively seeking to contribute to the satisfaction of the 92 nd Call to

Action of Canada’s Truth and Reconciliation Commission with First Nations, Innu, and Metis

peoples. The Company’s Board and Management strive to incorporate the capital markets’

development worldviews with on-the-land indigenous priorities for economic sovereignty and

Biodiversity sustainability for First Nations, Innu, and Metis peoples.

ABOUT BIG TREE CARBON INC.

Big Tree Carbon Inc. is an indigenous led publicly-traded natural asset development company

based in Ontario, Canada. The Company maintains several legacy mineral exploration properties

in Northwestern Ontario as active exploration holdings, including the Ranger Lake, Richardson

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

(416) 865-6636

Lake, Dancing Man and Bridget Lake properties. The Company is currently developing two First

Nations forest carbon offset project development partnerships for the Lac Seul First Nation “Lac

Seul Community Forest Project” and the Ogoki Forest. Subsidiary corporation Wiigwaasaatig

Energy Inc. is a contributor to the Company’s sustainable forest optimization approach, focusing

on renewable electrical generation and biofuel processing in partnership with proximal

indigenous communities.

ABOUT COLLIERS

Colliers is a leading diversified professional services and investment management company. With

operations in 63 countries, our 18,000 enterprising professionals work collaboratively to provide expert

real estate and investment advice to clients.

For more than 27 years, our experienced leadership with significant inside ownership has delivered

compound annual investment returns of approximately 20% for shareholders. With annual revenues of

$4.6 billion and $92 billion of assets under management, Colliers maximizes the potential of property and

real assets to accelerate the success of our clients, our investors and our people. Learn more

at colliers.com, Twitter @Colliers or LinkedIn.

ABOUT R&B CORMIER INC.

R&B Cormier Inc. is a Canada based Natural Resource Contracting and Consulting firm based in

Sault Ste. Marie, Ontario. The Contracting division supplies satellite, radar and airborne

imagery, operational field services, and three-dimensional land mapping. The Consulting

division specializes in wood supply and biomass analysis, including timber and non-timber

product research. Since 1989 we have gained a reliable reputation in providing cost effective

information in some of the most remote international resource projects.

Staff and associates include professional foresters, geologists, seasoned field technicians,

research divers, photogrammetrists, GIS and remote sensing technologists, forest management

auditors, forest land business analysts, and alternative energy specialists.

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

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

(416) 865-6636

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.