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TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX.V: LAB | FNR: 2N6) (“LabGold” or the “Corporation”) is pleased to announce the results of its Annual General and Special Meeting of Shareholders held on Tuesday, February 24, 2026, at 11:00 A.M. (Toronto Time) at Gardiner Roberts LLP, Bay Adelaide Centre, East Tower, 22 Adelaide Street West, Suite 3600, Toronto, Ontario, M5H 4E3 (the “Meeting”).
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A total of 83,756,898 Common Shares of the Corporation (“Common Shares”) representing 49.27% of the issued and outstanding Common Shares as of the record date for the Meeting (January 15, 2026), were represented at the Meeting. Shareholders overwhelmingly voted in line with the Corporation’s recommendations on the BLUE Form of Proxy and BLUE Voting Instruction Form for the following matters voted on at the Meeting:
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- Election of Directors as nominated by the Corporation (“Election of Directors”)
- Appointment of Auditor (“Auditor”)
- Ratification of the Stock Option Plan (“Stock Option Plan”)
- Approval of a Change of Business (“Change of Business”)
- Change of Name
- Coloured Ties Capital Inc. (“Dissident” or “Coloured Ties”) Resolutions
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The Corporation’s director nominees were elected with an average of 97.39% votes cast ‘FOR’, as follows:
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| Nominee Name | Votes ‘FOR’ | Votes ‘WITHHELD’ | % FOR | % WITHHELD |
| James Borland | 60,620,064 | 1,252,575 | 97.976% | 2.02% |
| Leo Karabelas | 60,103,092 | 1,769,547 | 97.140% | 2.86% |
| Roger Moss | 59,625,814 | 2,246,825 | 96.369% | 3.63% |
| Kevin Ramsay | 60,698,542 | 1,174,097 | 98.102% | 1.90% |
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The results of other items of business presented by the Corporation at the Meeting passed, as follows:
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| Resolution | Votes ‘FOR’ | Votes ‘WITHHELD’ | % FOR | % WITHHELD |
| Auditor | 82,415,846 | 1,341,052 | 98.399% | 1.60% |
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| Resolution | Votes ‘FOR’ | Votes ‘AGAINST’ | % FOR | % AGAINST |
| Stock Option Plan | 80,000,562 | 3,756,336 | 95.515% | 4.48% |
| Change of Business | 60,092,928 | 23,663,970 | 71.747% | 28.25% |
| Change of Name | 58,220,571 | 25,536,327 | 69.511% | 30.49% |
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The Dissident Resolutions did not pass at the Meeting, as follows:
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| Dissident Resolution | Votes ‘FOR’ | Votes ‘AGAINST’ | % FOR | % AGAINST |
| Director Removal Resolution | 23,615,238 | 60,141,660 | 28.195% | 71.81% |
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“I am grateful for the overwhelming support of our shareholders, many of whom I engaged with throughout this proxy contest.”, said Roger Moss President and CEO of LabGold. “It was very clear to me that our shareholders did not want to be associated with Coloured Ties, who they believed was just trying to get control of our treasury for self-serving purposes. Now that the shareholder vote is behind us, I look forward to sharing more exploration updates in the future while working to create value for all our shareholders.”
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The formal report on voting results with respect to all matters voted upon at the Meeting will be filed under the Corporation’s profile on SEDAR+ at www.sedarplus.ca.
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About Labrador Gold Corp.
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LabGold is a Canadian-based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.
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The recently announced Watson Project, a joint venture with Nemo Resources Inc., represents the largest landholding in the Fort Hope Greenstone Belt which is significantly underexplored compared to other greenstone belts (e.g. Red Lake and Pickle Lake) in northwestern Ontario. While the exploration focus will be on gold, the Watson project also hosts significant potential for critical minerals (e.g. antimony, nickel, copper and zinc). The proposed road to the Ring of Fire, expected to begin construction in mid-2026, runs through the Watson property and once complete, will significantly reduce exploration and development costs.
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