Laredo Oil assigns rights to purchase 356,243 Olfert units to CFO Bradley Sparks

Laredo Oil, Inc.

Assigns to CFO Bradley E. Sparks rights to purchase 356,243 of 500,000 membership units of Olfert No. 11-4 Holdings.
Sparks pays $356,243 of company's remaining $500,000 capital commitment to Olfert.
Transaction approved by uninterested members of board of directors.
Agreement dated June 22, 2022, effective immediately.

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