LTX Labrador Resources Inc

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Labrador Technologies Inc. (TSX VENTURE:LTX) ("Labrador" or the "Company") is
pleased to announce that on July 12, 2013 Labrador completed the first tranche
of the non-brokered private placement (the "Private Placement") which was
originally announced on May 15, 2013. Gross proceeds totalling $100,000 have
been received by the Company in connection with the issuance of 10,000,000 units
of Labrador ("Units"), at a price of $0.01 per Unit. Each Unit consists of one
common share (a "Common Share") and one-half (1/2) of a Common Share purchase
warrant (a "Warrant") with each whole Warrant entitling the holder to acquire
one additional Common Share of the Company at a price of $0.05 per share for a
period of 12 months from the date of issuance of the Unit. The Private Placement
is being conducted in accordance with the TSX Venture Exchange "Temporary Relief
Measures", and proceeds will be allocated to the following: audit and accounting
expenses, legal expenses, federal and provincial payments, programming
consulting expenses, landlord payments, corporate services and salary and wages.


The Common Shares and Warrants are subject to a four month hold period in
accordance with applicable securities law.


Labrador(R) specializes in secure, web-based retrieval software that seamlessly
visualizes and maps Oil & Gas data on computers, tablets, and smartphones.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


Certain information regarding Labrador set forth in this news release, including
the use of proceeds of the Private Placement may constitute forward-looking
statements under applicable securities laws and necessarily involve substantial
known and unknown risks and uncertainties. The forward-looking statements
contained in this document are made as at the date of this news release and
Labrador does not undertake any obligation to update publicly or to revise any
of the included forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by applicable
securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Labrador Technologies Inc.
Bruce MacDonald
President and CFO
(403) 263-6325

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