Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Laredo Oil ( (LRDC) ) has issued an update.
On May 20, 2025, Laredo Oil, Inc. entered into a Note and Warrant Purchase Agreement with accredited investors, initially involving $825,000 in Subordinated Promissory Notes and warrants for 825,000 shares at $0.43 per share. An amendment on June 4, 2025, increased the potential total principal amount to $1,500,000 while maintaining the same share purchase terms. This move could enhance Laredo Oil’s financial flexibility and market positioning, impacting stakeholders by potentially increasing investment opportunities.
More about Laredo Oil
Average Trading Volume: 50,178
Technical Sentiment Signal: Hold
Current Market Cap: $19.36M
Find detailed analytics on LRDC stock on TipRanks’ Stock Analysis page.