Labrador Gold (NKOSF) responded to a news release issued by Kulwant Malhi-led Coloured Ties Capital claiming it will commit to “paying shareholders a $0.02 dividend” within seven days of LabGold’s Annual General and Special Meeting of Shareholders on February 24, 2026 if their campaign is successful. The Board of Directors of the Corporation cautions shareholders that this is a vote-contingent promise designed to influence proxy voting, not a credible, detailed plan to create durable value or to protect LabGold’s treasury. The Dissident has a proven track record of misleading shareholders with promises and not keeping them once they achieve their hidden agenda. The Board unanimously recommends shareholders vote only on the Blue Form of Proxy and Blue Voting Instruction Form, “FOR” all LabGold resolutions and vote “AGAINST”/”WITHHOLD” on the Dissident’s resolutions.
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