Labrador Resources Inc. Announces Addition to Board of Directors and Reconstitution of Audit Committee

Calgary, Alberta – December 11, 2024 – Labrador Resources Inc. (TSXV: LTX) ("Labrador" or the "Company") is pleased to announce the appointment of John F. Aihoshi, CPA, CMA to its Board of Directors, effective immediately. Mr. Aioshi will serve as an Independent Director and will Chair the Company’s Audit Committee.

The Company’s reconstituted Audit Committee is now comprised of the following members:

• John Aioshi, Independent Director & Chair
• Jeff Graw, Independent Director
• Jeff Howe, Interim CFO and Director

Mr. Aihoshi has 35 years of experience as a CFO in junior public companies involved in the resource sector including oil and gas exploration and production companies and mining exploration companies. He brings substantial expertise in financial reporting, regulatory reporting and compliance, and in strategic planning that aligns with Labrador’s commitment to transparency and the creation of long-term shareholder value.

Contact Information

Kaan Camlioglu CEO Phone: 403 818 1091 Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES