Labrador Announces Changes to Board and Officers

(TheNewswire)

CALGARY, ALBERTA – TheNewswire - February 12, 2026 – Labrador ResourcesInc. (“Labrador” or the “Company”)(TSXV:LTX) announces that at the annual general and special meeting ofshareholders held on January 14, 2026, the shareholders of the Companyelected Messrs. Jeff Graw, John Aihoshi and Ken DeWyn as members ofthe board of directors of the Company (the “Board”). EffectiveFebruary 11, 2026, the Board appointed Jana Lillies as an additionaldirector of the Company. Over the past 25 years, Ms. Lillies has beena director and officer of several CPCs and other listed companies onthe TSX Venture. Ms. Lillies completed an Applied Bachelor of BusinessAdministration Degree (Accounting) from Mount Royal University andholds a CGA, CPA designation.

Appointment of Officers

The Board appointed Jeff Graw as Chief ExecutiveOfficer and John Aihoshi as Chief Financial Officer of the Company byresolution dated January 15, 2026. On February 14, 2025, Kenneth DeWynwas removed as Chief Executive Officer, and John Aihoshi was appointedas Interim Chief Executive Officer. On April 1, 2025, Jeff Howeresigned as Interim Chief Financial Officer and on June 2, 2025 JeffHowe was appointed as Interim Chief Executive Officer, a position heheld until June 30, 2025. On April 2, 2025, John Aihoshi was appointedas Interim Chief Financial Officer and on July 2, 2025 Jeff Graw wasappointed as Interim Chief Executive Officer.

Mr. Graw brings his experience as President and partnerof Apoterra Seismic Processing Ltd., a Calgary-based companyspecializing in land 2D and 3D seismic data processing, since 2016.Prior thereto, he was a consultant at Apoterra Seismic ProcessingLtd.

Mr. Aihoshi is a professional accountant with extensiveexperience in corporate finance and regulatory compliance in thenatural resource sector. Mr. Aihoshi has been the CFO of both publicand private resource companies for the past 30 years.

These elections and appointments are subject toregulatory approval.

Cautionary Note Regarding Forward-LookingStatements

This news release includes certain"forward-looking statements" under applicable Canadiansecurities legislation. Forward-looking statements include, but arenot limited to, the Company's ability to obtain necessaryapprovals from the TSX Venture Exchange with respect to the changes tothe Board and the officers of the Company. Forward-looking statementsare necessarily based upon a number of estimates and assumptions that,while considered reasonable, are subject to known and unknown risks,uncertainties and other factors which may cause the actual results andfuture events to differ materially from those expressed or implied bysuch forward-looking statements. There can be no assurance that suchstatements will prove to be accurate, as actual results and futureevents could differ materially from those anticipated in suchstatements. Accordingly, readers should not place undue reliance onforward-looking statements. Labrador disclaims any intention orobligation to update or revise any forward-looking statements, whetheras a result of new information, future events or otherwise, except asrequired by law.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

For further information, please contact:

Jeff Graw CEO

Phone: (403) 477-9194

Email: jeffgraw.214@gmail.com

Or:

John Aihoshi CFO

Phone: (403) 617-9169

Email: Labradorresources@gmail.com

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