Labrador Gold Responds to Dissident’s Vote Contingent Dividend — Warns Shareholders This is a Desperate Repeat of the GrowMax Campaign Playbook
TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | FNR: 2N6) (“LabGold” or the “Corporation”) today responded to a news release issued by Kulwant (Kal) Malhi-led Coloured Ties Capital Inc. (the “Dissident" or “Coloured Ties”) claiming it will commit to “paying shareholders a $0.02 dividend”1 within seven days of LabGold’s Annual General and Special Meeting of Shareholders on February 24, 2026 (the “Meeting”) if their campaign is successful. The Board of Directors of the Corporation (the “Board”) 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.
