Labrador Technologies Annual General Meeting and Formal Launch of wellTriever™

Calgary, Alberta March 30, 2017 – Labrador Technologies Inc. ("Labrador" or the "Corporation") (TSXV: “LTX”) is pleased to announce the results of the Annual General Meeting (“AGM”) held on March 29, 2017 in Calgary, Alberta at the Corporation’s head office. With the AGM, the Corporation, after 4 years of its development of proprietary, map-based data retriever and visualizer software, is commencing a campaign to formally launch wellTriever, initially in the Oil & Gas sector. Concurrently, the company’s management is targeting both strategic partnerships and clients in other sector opportunities. Additional information on WellTriever can be viewed on the Corporation’s website at www.welltriever.com.

All motions were passed at the AGM, which included election of Ronald Sterne, George Wilson and Jeffrey Howe as directors, fixing the number of directors at three (3). KPMG LLP were reappointed as auditors for the Corporation for fiscal 2017, having also prepared the financial statements for the year ended October 31, 2016 and years previously.

About Labrador Technologies

Labrador Technologies is a Calgary, Alberta based software development firm providing innovative solutions for the energy industry and other sectors. The Corporation is well-positioned through its proprietary solutions which include the wellTriever and mapTriever software, map-based data retrievers and visualizers for the oil and gas industry.

For more information contact:

Ronald Sterne, CEO T: (403) 263 6325 E: [email protected]

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.