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LTX.V.V ·

Labrador Technologies Corporate Update

Corporate Updates

Labrador Technologies Corporate Update

Calgary, Alberta January 19, 2018 – Labrador Technologies Inc. ("Labrador" or the

"Corporation") (TSXV: “LTX”) is pleased to announce that it has successfully reached and

entered into a settlement agreement (the “Settlement Agreement”), pursuant to which the

Company will settle a claim in litigation, relating to an outstanding trade payable to a former

arm’s length consultant, for a total consideration of $90,000.

About Labrador Technologies

Labrador Technologies is a Calgary, Alberta based software development firm providing map-based

innovative solutions for industries seeking a visual interpretation of financial reporting.

For further information, please contact:

Ronald Sterne

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.

Not for release in the United States or to U.S. Newswire Services