National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues (the "NI 62-103"). Sandy Sterne, Executor of the Estate of H. Ronald Sterne (the
Press Release issued under the Early Warning System – Acquisition of shares of
Labrador Technologies Inc.
CALGARY, AB, November 4, 2019 – This press release is being disseminated as required by
National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider
Reporting Issues (the "NI 62-103"). Sandy Sterne, Executor of the Estate of H. Ronald Sterne (the
"Estate") announces that on October 25, 2019 the Estate acquired 3,519,588 common shares of
Labrador Technologies Inc. ("Labrador) at a deemed price of $0.05 for an aggregate value of
$175,979. Prior to the series of transactions, the Estate owned 31,880,274 common shares of
Labrador. The Estate is now the beneficial owner and exercises control over a total of 35,399,862
common shares representing 19.89% of the issued and outstanding common shares of Labrador.
The Estate's acquisitions of the common shares were made for debt settlement and debt forgiveness
purposes. The Estate has no further intentions to increase or decrease its holdings in Labrador.
The common shares of Labrador are listed on the TSX Venture Exchange under the symbol “LTX”.
A copy of the early warning report filed pursuant to NI 62-103 may be obtained on www.sedar.com.
About Labrador Technologies
Labrador Technologies Inc. is a Calgary, Alberta based technology company evaluating new opportunities in
the technology, oil & gas and Canadian cannabis sectors.
For further information, please contact:
Kaan Camlioglu, Interim Chief Executive Officer
T: (403) 818-1091
Dean Stuart
T: (403) 617-7609
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.