Labrador Gold Provides Update on Annual Meeting
TORONTO, April 20, 2021 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) the Company scheduled its Annual General and Special Meeting of
Shareholders (the “Annual Meeting”) to be held at the offices of the Company at 82 Richmond St. E., Toronto, ON at 2 PM on Friday, April 23, 2021. As a result of the recent stay at
home order invoked by the Ontario provincial government, the Company’s offices at 82 Richmond St. E. have been closed. Registered shareholders or validly appointed proxy holders will not be able to
physically attend the Annual Meeting. The notice of meeting dated March 11, 2021 (the “Notice of Meeting”) sets out the method by which a shareholder can participate in the meeting
by telephone. Although voting will primarily be by proxy filed in advance, any registered shareholder or validly appointed proxy holder that had intended to attend the meeting in person to vote
their shares or proxy will be entitled to vote their shares or proxy at the Annual Meeting upon confirmation that they are a registered shareholder or validly appointed proxy holder.
The Company strongly urges any registered or beneficial shareholders to vote their shares by completing and filing their proxies or voting information forms in accordance with the terms of those documents mailed to shareholders. The cut-off of time for voting is 2 PM on Wednesday, April 21, 2021 as indicated in the Notice of Meeting. The Company will ensure that no registered shareholder otherwise entitled to vote at the Annual Meeting will be prohibited from voting as a result of the extraordinary measures being taken by the Ontario provincial government to deal with the increasing number of COVID-19 cases especially in the City of Toronto.
About Labrador Gold
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.
In early March 2020, Labrador Gold acquired the option to earn a 100% interest in the Kingsway project in the Gander area of Newfoundland. The three licenses comprising the Kingsway project cover approximately 16km of the Appleton fault zone which is associated with gold occurrences in the region, including the New Found Gold discovery. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water. LabGold recently began a 10,000 metre diamond drill program targeting high grade gold mineralization associated with the visible gold showing at Big Vein. Following the closing of the Financing the Company has approximately $20 million in working capital.
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