Labradorannounces Death of President and CEO Mr. H. Ronald Sterne
Labradorannounces Death of President and CEO Mr. H. Ronald
Sterne
Calgary, Alberta December 27, 2018 – Labrador Technologies Inc. ("Labrador" or the "Company") (TSXV:
"LTX") t oday a nnounces, w ith g reat s adness, t he s udden d eath o f H . R onald S terne, P resident, C hief
Executive Officer and Director.
Mr. J eff Howe, interim Chief Financial Officer of Labrador, commentcommented that "Since 1981, Ron
has been a tremendous leader as the Chief Executive Officer of the company that he founded. He led the
company through its initial public offering and the successful development of several technologies. He had
a passion for Labrador Technologies that was unrivalled. He will be sadly missed by all those who knew
him."
The T SXV h as b een notified of this material change, and the Board of Directors has arranged a special
meeting for the purpose of filling the vacancy on the Board and to consider nominees for appointment as
Chief Executive Officer.
The C ompany h as r equested a h alt o f t rading u ntil t he C ompany i s i n a p osition t o a ppoint a Chief
Executive Officernew Chief Executive Officer. The Company has further requested that the halt remain in
effect until the Company has been able to determine the appropriate corporate direction for Labrador and
its staffing of its management going forward. The Company expects that the halt of trading will be in place
for a period of approximately two weeks, at which point the Company will issue a further press release.
About Labrador Technologies
Labrador T echnologies i s a C algary, A lberta b ased s oftware d evelopment f irm p roviding m ap-based
innovative s olutions f or i ndustries s eeking a v isual i nterpretation o f f inancial r eporting. L abrador h as
expanded its vision beyond Oil & Gas data to focus on cannabis data collection and specialized reporting.
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.
For further information, please contact:
Jeff Howe, Interim Chief Financial Officer
T: (403) 263-6325
Document comparison by Workshare 9.5 on December 27, 2018 4:55:24 PM
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