LTX.V.V · 2025-02-03 12:00:00

Labrador Resources Inc. Announces Resignation of CEO and Director and Additional Board Member Appointment

Management Changes

Labrador Resources Inc. Announces Resignation of CEO and Director and Additional

Board Member Appointment

Calgary, AB – February 3, 2025 – Labrador Resources Inc . (TSXV: LTX) ("Labrador" or

the "Company") 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 Company’s successful

restructuring.

The Company is pleased to announce the appointment of Mr. Kenneth DeWyn to fill the vacancy.

Mr. DeWyn is an independent business consultant and has significant experience with both

publicly traded and private company governance issues, having served as a Director and/or Officer

of many private and public companies over the past 30 years.

Mr. DeWyn is currently a member of the Board of Lithium Chile Inc. and PetroFrontier Corp.,

both Calgary based companies listed on the TSX Venture Exchange.

For further information, please contact:

Jeff Howe

Interim CFO

Phone: (416) 884-4693

Neither the 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 news release.

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

Cautionary Note Regarding Forward-Looking Information

This news release may contain forward-looking information that involves substantial known and unknown risks and

uncertainties, most of which are beyond the control of Labrador. All statements included herein other than statements of

historical fact are forward-looking information. Such forward-looking information involves various risks and uncertainties.

There can be no assurance that such information will prove to be accurate, and actual results and future events could diƯer

materially from those anticipated in such information. Any forward-looking statements are made as of the date of this

release and, other than as required by applicable securities laws, Labrador does not assume any obligation to update or

revise them to reﬂect new events or circumstances.