Labrador Technologies Increases Private Placement to Advance Proprietary Visualization Solutions
Labrador Technologies Increases Private Placement to Advance Proprietary
Visualization Solutions
Not for distribution to U.S. news wire services or dissemination in the United States
Calgary, Alberta January 2, 2018 – Labrador Technologies Inc. ("Labrador" or the "Corporation")
(TSXV: “LTX”) is pleased to announce it has increased the maximum amount of its previously
announced non-brokered private placement from $750,000 to $1,000,000, for up to 20,000,000
units at a price of $0.05 per unit. Each unit will now consist of one common share and one common
share purchase warrant (the private placement previously announced on December 27, 2017
consisted of a share and a half warrant) with an exercise price of $0.10. A finder’s fee in the amount
of 9% cash and 9% broker warrants (each broker warrant exercisable into one Common Share at
a price of $0.05 per share) may be paid to eligible persons in accordance with applicable securities
laws in conjunction with this private placement.
Proceeds from this private placement will be used to advance the Corporation’s proprietary
visualization solutions for financial reporting.
About Labrador Technologies
Labrador Technologies is a Calgary, Alberta based software development firm providing innovative
solutions for industries seeking a visual interpretation of financial reporting.
For more information contact:
Ronald Sterne
T: (403) 263 6325
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.