Labrador Resources Inc. announces the resignation of Mr. Kaan Camlioglu from the positions of Chief Executive Officer and Director, effective February 1, 2025. The Board of Directors thanks Mr. Camlioglu for his leadership and contributions to the Company and wishes him well in his new endeavor. During his tenure, Mr. Camlioglu played a key role in overseeing strategic initiatives and governance matters which included the [...]
Labrador Resources Inc. wishes to inform stakeholders of a correction regarding its previously filed reserves data for the year ending October 31, 2023, disclosed in Form 51-101F1. The Alberta Securities Commission has identified that the reserves evaluation included in the Company's filing was not prepared by an Independent Qualified Reserves Evaluator as defined under NI 51-101. As a result, the information in Form [...]
Labrador Resources Inc. is pleased to announce the appointment of John F. Aihoshi, CPA, CMA to its Board of Directors, effective immediately. Mr. Aioshi will serve as an Independent Director and will Chair the Company's Audit Committee. The Company's reconstituted Audit Committee is now comprised of the following members: John Aioshi, Independent Director & Chair Jeff Graw, Independent Director Jeff Howe, Interim CFO and [...]
Labrador Resources Inc. announces that the previously disclosed Letter of Intent , dated September 3, 2024, regarding its proposed acquisition of all issued and outstanding shares of Critical Path Resources Corp. , has been terminated by mutual agreement, as the closing did not occur by the deadline of October 30, 2024, and the Kasten Debt Restructuring will not be proceeding, as previously announced. The LOI provided for [...]
Labrador Resources Inc. is pleased to announce that it has entered into a letter agreement dated September 3, 2024, to acquire 100% of the issued and outstanding common shares of Critical Path Resources Corp. , wholly owned by Critical Path Minerals Corp. . CPR is an exploration and development company incorporated under the laws of Alberta holding sixteen contiguous uranium exploration mineral claims covering 54,450 [...]
Not for Release in the United States of America Labrador Resources Inc. is pleased to announce that the extension of its financial agreements, which originally came into existence as part of the corporation's change of business which closed on February 2, 2023. Labrador is committed to managing its financial commitments while focusing on its core business objectives. Extension of Debt with Tailwind Capital Partners Inc [...]
Labrador Resources is pleased to announce that, further to its press releases dated April 5, 2022, April 6, 2022 and Nov. 2, 2022, it has completed the previously announced transactions which collectively constitute the Corporation's change of business. As a result, the Corporation has transitioned into an oil and gas issuer whose common shares are listed for trading on the TSXV. On February 2, 2023, as part of the Change [...]
Labrador Technologies is pleased to provide an update pertaining to its previously announced proposed arm's length acquisition of oil and gas interests in the Atlee Buffalo area of Alberta. The Acquisition will be accompanied by concurrent financings, a debt extending agreement which will extend the repayment date of certain of the Corporation's trade payables and outstanding loans and the entering into of a credit [...]
Labrador Technologies is pleased to announce that, pursuant to its press release dated April 5, 2022, it has entered into the definitive purchase and sale agreement pertaining to the purchase of a 51% working interest in the Atlee property. The Corporation has been advised by the TSXV that trading in the common shares of the Corporation will remain halted until closing of the Transactions. Completion of the Transactions [...]