NEWS
December 31, 2025
Labrador Gold Announces Acquisition of Subscription Receipts of Northern Shield
TORONTO, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce that, further to its press release of December 8, 2025 (the “COB Press Release”), it has acquired 16,666,667 Subscription Receipts (the “Northern Shield Financing”) of Northern Shield Resources Inc. (“Northern Shield”) at $0.06 per Subscription Receipt for an investment of $1,000,000.02 (the “Initial Investment Funds”) pursuant to a subscription agreement dated December 5, 2025. The Initial Investment Funds are held in escrow and the release of the funds to Northern Shield will be conditional upon receipt of LabGold shareholder and regulatory approval to its proposed change of business from a pure exploration company to an exploration and investment issuer (the “Escrow Release Conditions”).
December 8, 2025
Labrador Gold Announces Annual General and Special Meeting of Shareholders in Connection With A Proposed Change of Business
TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) (“ LabGold ” or the “ Company ”) announces that having completed an extensive evaluation of the Company’s existing operations and a review of strategic options for the Company, the Board of Directors of the Company has determined to refocus its business operations to a hybrid mining/investment issuer in accordance with the policies of the TSX Venture Exchange (“ TSXV ”). The proposed change of business is designed to maintain LabGold’s successful exploration strategy while also providing investors with exposure to a mix of undervalued public equities and higher upside early-stage opportunities.
