Laredo Oil, Inc. announced that it has entered into a common stock purchase agreement to issue 6,062,886 common shares at an issue price of $0.0441 per share for the gross proceeds of $267,373 on June 15, 2023. The transaction included participation from individual investor Robert Adamo. The shares are subject to restrictions on the sale or other transfer pursuant to Rule 144 promulgated under the Securities Act of 1933.