Labrador Gold Announces Closing of Change of Business and Acquisition of Units of Northern Shield

2026-03-09 - 14:23

As additional consideration for LabGold in respect of the Northern Shield Investment, for as long as LabGold retains a 10% equity interest in Northern Shield, LabGold shall have the following rights: (i) a pre-emptive right to participate in future financings of Northern Shield to maintain its equity interest in Northern Shield following the issuance of the Units to LabGold and (ii) the right to appoint a technical advisor to help guide exploration activities carried out on the properties of Northern Shield. The Units will be subject to a resale restriction expiring on July 5, 2026. Read More