(TheNewswire)
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Calgary, Alberta / TheNewswire / December 27, 2017 – Labrador Technologies Inc. ("Labrador" or the "Corporation") (TSXV: “LTX”) is pleased to announce its intention to complete a non-brokered private placement for up to 15,000,000 units at a price of $0.05. Each unit will consist of one common share and one-half common share purchase warrant with an exercise price of $0.10. With the completion of this private placement the Corporation will raise up to Cdn $750,000. A finder’s fee in the amount of 9% cash and 9% broker warrants will be paid in conjuction with this private placement.
Proceeds from this private placement will be used to advance the Corporation’s proprietary visualization solutions for financial reporting.
This private placement is subject to TSX Venture Exchange approval.
About Labrador Technologies
Labrador Technologies is a Calgary, Alberta based software development firm providing innovative solutions for industries seeking a visual interpretation of financial reporting.
For more information contact:
Ronald Sterne
T: (403) 263 6325
E: info@labradortechnologies.com
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
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