Tickers: XTSX:LTX
Tags: Oil & Gas, Media, Technology

Calgary, Alberta December 10, 2018 - Labrador Technologies Inc. ("Labrador" or the "Corporation") (TSXV: "LTX") announces that both Blu Tec Inc. and Labrador have agreed to terminate further financing at this time. The original Agreement with Blu Tec Inc. was announced on October 4, 2018. Currently, Labrador has no financing outstanding.

The Corporation also announces that Kelby Price is no longer employed as Vice President Corporate Development. Labrador thanks Ms. Price for her time with the Corporation and wishes her well in her future endeavors.

About Labrador Technologies

Labrador Technologies is a Calgary, Alberta based software development firm providing map-based innovative solutions for industries seeking a visual interpretation of financial reporting. Labrador has expanded its vision beyond Oil & Gas data to focus on cannabis data collection and specialized reporting.

For further information, please 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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