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Labrador Technologies Targets Medical Cannabis Industry

V.LTX

(TheNewswire)

Calgary, Alberta June 1 , 2017 – Labrador Technologies Inc. ("Labrador" or the "Corporation") (TSXV: “LTX”) is pleased to announce that the Corporation has changed its primary strategic focus from the Oil & Gas Industry to the Cannabis Industry.  Accordingly, the Corporation is energized to capitalize on its very significant Oil & Gas investment by divesting some, or all, of its Oil & Gas software assets.

cannaTriever.com is already available for conceptual review on the www.wellTriever.com website.  Making its remarkably quick map the central component of its software will continue to be the Corporation’s hallmark with cannaTriever development.  This map-based technology and associated source code will piggyback on wellTriever’s comprehensive financial and proprietary reporting, by each location, as well as its emphasis on visualization.

About Labrador Technologies

Labrador Technologies is a Calgary, Alberta based software development firm providing innovative solutions for individuals and companies requiring a map-based technology. The Corporation is well positioned through its proprietary solutions which include the wellTriever™ software, a map-based data retriever and visualizer for the oil and gas industry.

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.

Copyright (c) 2017 TheNewswire - All rights reserved.



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