Labrador Technologies Directors Create Option Pool for Staff
Labrador Technologies Directors Create Option Pool for Staff
Calgary, Alberta July 19, 2018 – Labrador Technologies Inc. ("Labrador" or the "Corporation")
(TSXV: “LTX”) announces that its President, Directors and two consultants have surrendered an
aggregate of 5,000,000 stock options ("Options") enabling Labrador to have access to an
additional 5,000,000 Options to incentivize Labrador’s current and future staff, as well as others
working closely with the Corporation. Said Labrador President, Ron Sterne, “Our Board of
Directors took this unusual measure because, in the long history of Labrador, we have never had
so many new members to our team, who believe so passionately in Labrador and its recently
expanded vision. They view our share options as the true value they are intended to provide, in
accordance with Labrador’s stock option plan."
The previous Options will be cancelled and returned to the stock option plan of the Corporation
to issue as it sees fit, under the polices of the TSX Venture Exchange.
About Labrador Technologies
Labrador Technologies is a Calgary, Alberta based software development firm providing map-
based solutions for industries seeking a visual interpretation of financial reporting. Over the past
six months, Labrador has expanded its vision beyond Oil & Gas to include the cannabis industry.
For more information contact:
Ms. Kelby Price
T: 403-613-2511
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.