Labrador Technologies Inc.
TSX VENTURE : LTX

Labrador Technologies Inc.

December 29, 2006 13:16 ET

Labrador Announces Option Grant

CALGARY, ALBERTA--(CCNMatthews - Dec. 29, 2006) -

(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

Labrador Technologies Inc. (TSX VENTURE:LTX) (the "Company") announces that pursuant to the terms and conditions of its 2006 Stock Option Plan, it has granted, in the aggregate, 225,000 incentive stock options (the "Options"), to a certain director and consultants of the Company. 100,000 of the Options vest immediately, 50,000 vest on June 28, 2007 and 75,000 vest on December 28, 2007. These Options are exercisable over a two (2) year period at $0.50 per share.

The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Labrador Technologies Inc.
    H. Ronald Sterne
    Chief Executive Officer
    (403) 263-6325