Labrador Gold Advises Shareholders of Deficiencies in Dissident's Gold Proxy

Core Viewpoint - Labrador Gold Corp. has identified significant deficiencies in the proxy materials submitted by Coloured Ties Capital Inc., urging shareholders to vote exclusively using the BLUE Proxy to ensure their votes are counted accurately at the upcoming Annual General and Special Meeting on February 24, 2026 [1][5][6] Group 1: Proxy Materials and Voting - The proxy materials from the Dissident contain material deficiencies that mislead shareholders and undermine their ability to make informed decisions regarding LabGold's future [2][3] - LabGold emphasizes that the BLUE Proxy and BLUE Voting Instruction Form (VIF) are consistent with the Requisition and all applicable laws, allowing shareholders to make informed choices [5][6] - Shareholders are strongly encouraged to disregard any Gold Proxy or other proxies received from the Dissident to avoid confusion [1][7] Group 2: Risks and Concerns - The actions of Coloured Ties and its principal, Kulwant (Kal) Malhi, are portrayed as self-serving, posing significant risks to LabGold shareholders by attempting to gain control without offering a premium [2][3] - The Dissident's failure to adhere to its own Requisition raises questions about the validity of their Gold Proxy, further complicating the voting process for shareholders [7] Group 3: Company Background - Labrador Gold Corp. is focused on mineral exploration, particularly in acquiring and exploring gold projects in Eastern Canada, with notable properties such as Hopedale and Borden Lake [13][14][15]