Labrador Technologies Inc. Announces Closing Of Oversubscribed Private Placement

Labrador Technologies Inc. ("LTI" or "Labrador" – TSX Venture: LTX) is pleased to announce that it has completed a non-brokered private placement (the "Private Placement") originally announced August 18, 2011. The Private Placement was oversubscribed

Labrador Technologies Inc. Announces Private Placement Financing

Labrador Technologies Inc. ("LTI" or "Labrador" - TSX Venture: LTX) is pleased to announce a non-brokered private placement of up to 20,000,000 units of Labrador ("Units"), at a price of $0.05 per Unit, for gross proceeds of up to $1,000,000 (the "Offering"). Each Unit will consist of one (1) common share in the capital of LTI ("Common Share"), and one (1) common share purchase warrant ("Warrant"), with each Warrant entitling the holder thereof to purchase one (1) common share in the capital of the Corporation (a "Warrant Share") at a price of $0.10 per Warrant Share for a period of three (3) years following the closing of the Offering.