Last Mile Holdings Ltd. (TSXV:MILE) has retained the services of a leading corporate and financial advisory firm to explore and evaluate several strategic options to further enhance shareholder value. MILE's decision is in response to ongoing discussions with certain potential strategic partners who have expressed an interest in transacting with the Company. "The Last Mile and Gotcha Mobility businesses are undervalued assets, which collectively have the potential to realize material returns on investment through our existing growth strategy as well as additional strategic partnerships," said Last Mile Holdings Chief Executive Officer Max Smith. "The Last Mile Board of Directors has engaged a leading financial advisory firm to evaluate select alternatives with the ultimate goal of maximizing value for our shareholders." Last Mile Holdings does not expect to disclose further developments relating to this strategic review process, unless and until its Board of Directors have approved a specific transaction or otherwise concludes this review of strategic alternatives. There can be no assurance that this process will result in the Company pursuing a particular transaction or consummating any such transaction.