Mr. Roger Moss reports

LABRADOR GOLD ANNOUNCES VOTING RESULTS OF THE 2026 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Labrador Gold Corp. has released the results of its annual general and special meeting of shareholders held on Tuesday, Feb. 24, 2026, at 11 a.m. Toronto time at Gardiner Roberts LLP, Bay Adelaide Centre, East Tower, 22 Adelaide St. W, Suite 3600, Toronto, Ont., M5H 4E3.

A total of 83,756,898 common shares of the corporation, representing 49.27 per cent of the issued and outstanding common shares as of the record date for the meeting (Jan. 15, 2026), were represented at the meeting. Shareholders overwhelmingly voted in line with the corporation's recommendations on the blue form of proxy and blue voting instruction form for the following matters voted on at the meeting:

• Election of directors as nominated by the corporation;
• Appointment of the auditor;
• Ratification of the stock option plan;
• Approval of a change of business;
• Change of name;
• Coloured Ties Capital Inc. (dissident) resolutions.

The corporation's director nominees were elected with an average of 97.39 per cent votes cast for, as detailed in an attached table.

The results of other items of business presented by the corporation at the meeting passed, as detailed in an attached table.

The dissident resolutions did not pass at the meeting, as detailed in an attached table.

"I am grateful for the overwhelming support of our shareholders, many of whom I engaged with throughout this proxy contest," said Roger Moss, president and chief executive officer of Labrador Gold. "It was very clear to me that our shareholders did not want to be associated with Coloured Ties, who they believed was just trying to get control of our treasury for self-serving purposes. Now that the shareholder vote is behind us, I look forward to sharing more exploration updates in the future while working to create value for all our shareholders."

The formal report on voting results with respect to all matters voted upon at the meeting will be filed under the corporation's profile on SEDAR+.

About Labrador Gold Corp.

Labrador Gold is a Canadian-based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The recently announced Watson project, a joint venture with Nemo Resources Inc., represents the largest landholding in the Fort Hope greenstone belt, which is significantly underexplored compared with other greenstone belts (Red Lake and Pickle Lake) in Northwestern Ontario. While the exploration focus will be on gold, the Watson project also hosts significant potential for critical minerals (antimony, nickel, copper and zinc). The proposed road to the Ring of Fire, expected to begin construction in mid-2026, runs through the Watson property and, once complete, will significantly reduce exploration and development costs.

The Hopedale property covers much of the Archean-age Florence Lake greenstone belt, which extends over 60 kilometres. While typical of greenstone belts globally, the area has been underexplored. Labrador Gold's work to date has identified gold anomalies in rocks, soils and lake sediments across a three-kilometre section of the northern portion of the belt. Five gold occurrences lie along this trend, four of which were discovered by Labrador Gold. Additional anomalous gold values occur across approximately 40 kilometres of the southern portion of the belt. Recent exploration has also demonstrated potential for copper, nickel and cobalt.

The Borden Lake project near Chapleau, Ont., lies immediately southeast of Discovery Silver Corp.'s Borden gold mine. Past exploration by Labrador Gold identified two anomalous gold zones based on geochemistry and geophysics.

The corporation has 170,009,979 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

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