LTX.V.V · 2026-02-19 12:00:00

Labrador Announces Completion of Consolidation

Corporate Actions

7452329.1

CALGARY, ALBERTA – February 19, 2026 – Labrador Resources Inc. (“ Labrador” or the “ Company”)

(TSXV:LTX) announces that, further to its news releases dated December 18, 2025 and February 17, 2026,

the TSX Venture Exchange (the “Exchange”) has approved the consolidation (the “Consolidation”) of the

common shares of the Company (the “ Common Shares ”) on the basis of one (1) post-consolidation

Common Share (each a “Post-Consolidation Share”) for every two (2) pre-consolidation Common Shares.

Effective at the opening on Friday, February 20, 2026, the Post-Consolidation Shares will commence

trading on the TSX Venture Exchange. For further information with respect to the Consolidation, please

see the Company's news releases dated December 18, 2025 and February 17, 2026 or the Company's

management information circular dated December 10, 2025 which is available on www.sedarplus.ca.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation.

Forward-looking statements include, but are not limited to, the commencement of trading of the Post-Consolidation

Shares on the TSX Venture Exchange. Forward-looking statements are necessarily based upon a number of estimates

and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other

factors which may cause the actual results and future events to differ materially from those expressed or implied by

such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual

results and future events could differ materially from those anticipated in such statements. Accordingly, readers

should not place undue reliance on forward-looking statements. Labrador disclaims any intention or obligation to

update or revise any forward-looking statements, whether as a result of new information, future events or otherwise,

except as required by law.

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 release.

For further information, please contact:

Jeff Graw CEO

Phone: (403) 477-9194

Or:

John Aihoshi CFO

Phone: (403) 617-9169