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Labrador Gold Seeks Shareholder Backing for Strategic Shift to Mining/Investment Issuer Amid Proxy Battle

Story Highlights
  • Labrador Gold is asking shareholders to back its board, approve a change of business to a mining and investment issuer, and support a related name change at the February 24, 2026 meeting.
  • The company defends its hybrid mining-investment strategy and capital moves as the best path to long-term value, while urging investors to reject dissident Coloured Ties Capital’s competing proposals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Labrador Gold Seeks Shareholder Backing for Strategic Shift to Mining/Investment Issuer Amid Proxy Battle

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Labrador Gold Corp ( (TSE:LAB) ) has issued an update.

Labrador Gold Corp. has filed and begun mailing its management information circular and proxy materials ahead of its February 24, 2026 annual general and special shareholder meeting, where investors will vote on board elections, a proposed change of business to a mining/investment issuer, and a related name change. The board is urging shareholders to use only the company’s blue proxy to support management’s slate and resolutions and to reject proposals from dissident shareholder Coloured Ties Capital Inc., arguing that its own hybrid mining and investment strategy—developed after extensive review of dozens of projects—offers the best route to shareholder value by preserving liquidity, diversifying risk, and leveraging experienced leadership and disciplined capital allocation, including asset divestitures, monetization of holdings, and structured investments designed to strengthen the balance sheet and position the company for long-term growth.

More about Labrador Gold Corp

Labrador Gold Corp. is a Toronto-based exploration-stage mining company listed on the TSX Venture Exchange that is transitioning toward a hybrid mining and investment issuer model. The company focuses on deploying capital into mining and resource-related opportunities while preserving liquidity and maintaining exposure to gold and other resource projects through both direct exploration and strategic investments.

Average Trading Volume: 172,773

Technical Sentiment Signal: Hold

Current Market Cap: C$18.7M

For an in-depth examination of LAB stock, go to TipRanks’ Overview page.

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