New Appointment to Labrador's Board of Directors

CALGARY, ALBERTA--(Marketwire - April 7, 2011) - Labrador (TSX VENTURE:LTX) is pleased to announce the appointment of Neil Bothwell to its Board of Directors.

Mr. Bothwell received a Bachelor of Commerce (Honours) from Queen's University (Kingston) in 1995. He successfully completed his CA designation in 1998, and was awarded a Silver Medal for achieving the 2^nd highest mark in Alberta.

Neil was CFO of GASFRAC Energy Services Inc. during its meteoric rise and completed substantial equity and debt financings for the company. As well, he has had a broad range of experience including being a "Big 4" Audit Manager, and consulting with more than 30 publically listed companies in the areas of risk management, corporate reporting, treasury operations, internal controls and business advisory services.

Currently, Neil is co-founder and Managing Director of Risk Oversight Inc., a specialized firm that offers risk management and internal audit expert services.

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