Labrador Resources Announces Share Consolidation
CALGARY, ALBERTA — February 17, 2026 — Leads & Copy — Labrador Resources Inc. (TSXV:LTX) announced that the board of directors has agreed to proceed with a consolidation of the company’s common shares, pending approval from the TSX Venture Exchange.
The consolidation will be on the basis of one post-consolidation common share for every two pre-consolidation common shares, effective February 20, 2026. The company’s shareholders approved the consolidation during the annual general and special meeting on January 14, 2026.
Upon completion, the number of issued and outstanding post-consolidation common shares will be reduced from 24,672,144 pre-consolidation shares to approximately 12,336,072 post-consolidation shares. Shareholders are not required to take any action, and the company’s name will remain unchanged.
Additional details regarding the consolidation can be found in the company’s news release dated December 18, 2025, and the management information circular dated December 10, 2025, both available on www.sedarplus.ca.
The company will issue a further news release upon receiving approval from the Exchange, confirming the commencement of trading for the post-consolidation shares.
Labrador Resources disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Source: Labrador Resources Inc.
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