Labrador Technologies Inc. announced a private placement of 4,444,444 common shares at a price of CAD 0.045 per common share for gross proceeds of up to CAD 200,000 and 100,000,000 flow-through common shares at a price of CAD 0.05 per flow-through common share for gross proceeds of up to CAD 5,000,000 on April 5, 2022. The transaction is subject to certain conditions including, but not limited, to closing conditions customary to transactions of the nature of the proposed transactions, approvals of regulatory bodies having jurisdiction in connection with the proposed transactions including the TSXV and shareholder approval if required.