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Labrador Technologies Annual General Meeting and Formal Launch of wellTriever™

Shareholder Meetings

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 an nounce 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 softwa re, 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 sect or 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 include d election of Ronald Sterne, George Wilson

and Jeffrey Howe as directors, fixing the numbe r 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 base d software development firm providing innovative

solutions for the energy industry and other sector s. The Corporation is well-positioned through its

proprietary solutions which include the wellTriever a nd 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 ( a s t h a t t e r m i s d e f i n e d in the policies of the TSX

Venture) accepts responsibility for the adequacy or accuracy of this release.