Coloured Ties Commits To Pay Shareholder Dividend Rather than Allow Current Path To Continue Treasury Destruction

About this update from Coloured Ties Capital Inc

Coloured Ties Commits To Pay Shareholder Dividend Rather than Allow Current Path To Continue Treasury Destruction /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } Canada NewsWire VANCOUVER, BC, Feb. 18, 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"), commit to paying shareholders a $0.02 dividend, if successful and will declare it within 7 days of the shareholder meeting. Shareholders are tired of the ongoing value destruction, including the recently announced "pipe dream" greenfield investments. It would be far better to return some capital to shareholders than to continue to gamble it away on these poorly considered, so-called investments in other companies' projects. Coloured Ties believes that returning some capital to shareholders is the right thing to do and it would still leave enough capital in the treasury to pursue prudent brownfield opportunities. During the last two years, Labrador Gold's treasury dwindled from over $19M (as of financial statements dated December 31, 2024) to what is expected to be under $12-14M following the upcoming shareholders' meeting, with zero shareholder value delivered by the current Labrador Team.Coloured Ties would seek to eliminate costs associated with the current path of pursuing remote grass roots projects and or "minority investments" and divert those expenses toward the shareholder dividend.Prior to Coloured Ties' involvement with Labrador Gold and its purchases of Labrador Gold common shares, Labrador Gold's common shares traded in the $.06- $.08 range (June to July 2025). A Dividend of $.02 would provide shareholders an attractive TAX ADVANTAGE DIVIDEND return equal to 25-33% return, based on their pre-Coloured Ties share values, and STILL leave shareholders with their shareholdings intact, in a newly structured mineral exploration focussed company.In contrast, allowing the current treasury destruction path and voting for the conti...

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