Business
Coloured Ties Files Circular and Sets the Record Straight
Coloured Ties Files Circular and Sets the Record Straight Canada NewsWire Labrad...
About this update from Coloured Ties Capital Inc
[{"type":"text","content":"\n\n\nColoured Ties Files Circular and Sets the Record Straight\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nLabrador Directors are responsible for Perpetual Underperformance – Not Surprising based on pattern of Value DestructionProposed Change of Business to Investment Issuer is Risky, Ill-advised and Beyond the Competence of the current BoardFailing to implement Labrador's strategic goals over the past 18 months, Management succumbs to a Bad Choice. By contrast Coloured Ties is currently reviewing advanced brownfield mineral exploration projects with Major mining companies for LabradorVote Only the GOLD proxy or GOLD VIF today.VANCOUVER, BC, Jan. 28, 2026 /CNW/ - Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) (\"CTI\" or \"Coloured Ties\"), one of the largest shareholders of Labrador Gold Corp. (TSX.V: LAB) (OTCQB: NKOSF) (FSE: 2N6) (\"Labrador\" or the \"Company\"), together with Kal Malhi and Rauni Malhi (the \"Concerned Shareholders\", \"us\" or \"we\"), today announce that they have filed a dissident circular and will be soliciting proxies for the annual and special shareholders meeting of the Company to be held on February 24, 2026 (the \"Meeting\") in order to reconstitute the board of directors of the Company (the \"Board\") and to reject the Company's reckless proposed change of business (the \"Change of Business\"). The Concerned Shareholders also wish to address certain misleading statements set out in the Company's January 26, 2026 press release, and the management information circular (the \"Management Circular\") issued by the Company in connection with the Meeting.\nThe Concerned Shareholders own or control over 8% of the Company's outstanding common shares, and cannot stand by and allow the Board to destroy shareholder value as they have done at Labrador and elsewhere. Through a series of strategic blunders, the Board has proven that it does not have the business and investment acumen nor the industry foresight to lead the Company, much less to execute the proposed, ill-conceived Change of Busi...