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Coloured Ties Commits To Pay Shareholder Dividend Rather than Allow Current Path To Continue Treasury Destruction

Newswire.ca - Wed Feb 18, 6:00AM CST

VANCOUVER, BC, Feb. 18, 2026 /CNW/ - Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("Coloured Ties"), one of the largest shareholders of Labrador Gold Corp. (TSX.V: LAB) (OTCQB: NKOSF) (FSE: 2N6) ("Labrador" or the "Company"), together with Kal Malhi and Rauni Malhi (the "Concerned Shareholders", "us" or "we"), commit to paying shareholders a $0.02 dividend, if successful and will declare it within 7 days of the shareholder meeting. Shareholders are tired of the ongoing value destruction, including the recently announced "pipe dream" greenfield investments. It would be far better to return some capital to shareholders than to continue to gamble it away on these poorly considered, so-called investments in other companies' projects. Coloured Ties believes that returning some capital to shareholders is the right thing to do and it would still leave enough capital in the treasury to pursue prudent brownfield opportunities.

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