June 29 (Reuters) - Labrador Technologies Inc LTX.V :
* LABRADOR TECHNOLOGIES INC. ANNOUNCES STRATEGIC ACQUISITION
* LABRADOR TECHNOLOGIES - WILL ISSUE SUFFICIENT SHARES SUCH THAT PROPOSED TRANSACTION WILL CONSTITUTE "REVERSE TAKEOVER"
* LABRADOR TECHNOLOGIES - AFTER DEAL CLOSES, LABRADOR WILL CONTINUE TO BE TECHNOLOGY ISSUER ON TSXV, WILL BE RENAMED TO CLARITAS HEALTHTECH
* LABRADOR TECHNOLOGIES - TO ISSUE 50 MILLION SHARES IN LABRADOR AT DEEMED PRICE OF $0.10 PER SHARE ON A POST CONSOLIDATED 20 TO 1 BASIS