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 it has completed a final tranche closing of 4,350,000
units of the Company (the "Units"), for gross proceeds of $43,500, in connection
with the Company's non-brokered private placement (the "Private Placement")
originally announced on May 15, 2013.


The Company has now completed the Private Placement for aggregate gross proceeds
of $163,500 in connection with the issuance of 16,500,000 Units of Labrador 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 has been 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; 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 data retrieval software that
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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