Business
Coloured Ties views Labrador Gold's choice of Nemo Project as Value-Destructive
Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("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"), thank shareholders for the support we have received to date. We are gratified that our case for change has been validated by so many fellow shareholders. It is clear that shareholders hold the Board an
About this update from Coloured Ties Capital Inc
[{"type":"list","items":[{"val":[{"type":"text","content":"Shareholder Support: Gratified by the shareholder support we have seen to date. Clearly a ground swell wanting a meaningful shift from the Board-Lead Blunder-Fest.","length":163,"tagName":"p"}]},{"val":[{"type":"text","content":"Opportunities Abound: Since making our case for change public, Coloured Ties has been presented with numerous, credible investment prospects. Credible leadership can find quality investment opportunities, the current Board cannot.","length":230,"tagName":"p"}]},{"val":[{"type":"text","content":"Remote grass roots exploration: Announced JV with Nemo Resource is a recipe for treasury destruction. Nemo pitched this deal to Coloured Ties in November 2025 and it was rejected as it simply does not make economic sense for a junior mining company. Further evidence of Board's inability to source and evaluate projects. We believe this commodities cycle is crying for brownfield exploration projects to be developed in the short term; not in 20-30-40 years.","length":477,"tagName":"p"}]},{"val":[{"type":"text","content":"Ignore Board Distraction; Facts speak for themselves: As the harsh light of scrutiny has shone on the Board, they have become dazed and desperate, resorting to flippant attempts to distract shareholders from the facts. Ignore the noise; Facts speak for themselves. Board is responsible for value destruction and serial strategic blunders – period.","length":352,"tagName":"p"}]},{"val":[{"type":"text","content":"It's Time for Change. More of this leadership team equals more strategic blunders and value destruction. Only by voting the GOLD proxy or GOLD VIF will change ever occur at Labrador.","length":186,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1408,"olType":false},{"type":"text","content":"VANCOUVER, BC, Feb. 13, 2026 /CNW/ - Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("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"), thank shareholders for the support we have received to date. We are gratified that our case for change has been validated by so many fellow s...