Labrador Uranium Announces Grant of Stock Options

TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) — Labrador Uranium Inc. (“ LUR ”, “ Labrador Uranium ”, or the “ Company ”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) announces that it has granted stock options to purchase an aggregate of 2,650,000 common shares of the Company to management, directors, and consultants of the Company pursuant to the terms of the Company’s share-based incentive plan. The options are exercisable at a price of $0.35 per common share. All Options expire on the date that is five years from the date of grant and vest and become exercisable as to one-third on the date of grant, with the remaining Options vesting in equal parts on the one-year and two-year anniversary of the date of grant. The options are subject to approval of the Canadian Securities Exchange.

About Labrador Uranium Inc.

Labrador Uranium is engaged in the exploration and development of uranium […]

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