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Stock impact report

Laredo Oil Raises $750,000 in Private Offering of Unregistered Common Shares [Yahoo! Finance]

LAREDO OIL INC (LRDC) 
NASDAQ:AMEX Investor Relations: investor.laredopetro.com
Company Research Source: Yahoo! Finance
Sheets: LRDC) , an oil exploration and production company with over 30,000 net acres of mineral rights located north of the Fort Peck reservation in Montana has sold since the end of its fiscal year ended May 31, 2024 , 1,695,349 shares of common stock (the "Shares") to accredited investors at an average price of per share for gross proceeds of . There was no finder's fee related to the sale of the shares. The Shares have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the Securities Act. Mark See , Chairman and CEO of Laredo Oil, commented "Based upon our previously reported progress concerning the development of our mineral rights in northwestern Montana , we have entered into common stock purchase agreements with several accredited investors, raising in gross proceeds through the sale of common stock in tr Show less Read more
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