Business
Labrador Gold Announces Annual General and Special Meeting of Shareholders in Connection With A Proposed Change of Business
Proposes Change of Business to a mining/investment issuer Adds renowned geologist Dr. Q...
About this update from Labrador Gold Corp
[{"type":"text","content":"Labrador Gold Announces Annual General and Special Meeting of Shareholders in Connection With A Proposed Change of Business\n\n\n\n\n\n Proposes Change of Business to a mining/investment issuer\n \n\n\n\n\n Adds renowned geologist Dr. Quinton Hennigh as Investment Advisor\n \n\n\n\n\n Mr. Kevin Ramsay, CPA, CA, will join the Board of Directors\n \n\n\n\n\n Annual General and Special Meeting to be held on February 24, 2026\n \n\n\n\n\n Shareholders are encouraged to visit\n \n\n www.TheFutureofLAB.com\n \n\n to stay up to date\n \n\n\n\n TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) (“\n \n LabGold\n \n ” or the “\n \n Company\n \n ”) 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 (“\n \n TSXV\n \n ”). 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.\n \n\n\n Highlights\n \n\n\n\n The Company plans to change its business focus from a pure exploration company to an exploration and investment issuer, maintaining exploration activities while also make equity investments in other resource companies (the “\n \n Change of Business\n \n ”)\n \n\n The Company will invest primarily in privately held and publicly traded mining and exploration companies where it can be actively involved in the management or where it seeks to exercise control of the companies in which it invests\n \n\n The Company’s initial investment will be the purchase of $1 million of Units of Northern Shield Resources Inc. pursuant to a Subscription Receipts financing\n \n\n Dr. Quinton Hennigh will join LabGold as investment advisor\n \n\n Mr. Kevin Ramsay, CPA, CA will join the Board of Directors as an independent director and Chair of the Audit Committee\n \n\n The Company will continue to be an active junior resource issuer with continued exploration of the Hopedale Property as its Q...