---
schema_version: "secwatch.filing_event.v1"
accession: "0001199835-23-000619"
form_type: "8-K"
ticker: "LRDC"
cik: "0001442492"
company_name: "Laredo Oil, Inc."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T08:57:27.734267+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "medium"
source: SEC EDGAR
---

# Laredo Oil subsidiary receives $1.6M; plans $2.0M Participation Agreement for well drilling

## Summary
- Hell Creek Crude received $1,617,850 from accredited investors pending a Participation Agreement.
- Existing convertible debt of $575,000 (plus interest) will be included in the agreement.
- Additional $416,150 expected from investors, bringing total funding to $2.034 million.
- Proceeds will fund a development well and acquire leases from Lustre Oil Company, a subsidiary.
- Final terms of the Participation Agreement to be disclosed after execution.

## SEC filing metadata
- accession: 0001199835-23-000619
- form_type: 8-K
- ticker: LRDC
- cik: 0001442492
- company_name: Laredo Oil, Inc.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: medium
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1442492/000119983523000619/0001199835-23-000619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1442492/000119983523000619/form_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001199835-23-000619
- JSON: https://secwatch.observer/filing/0001199835-23-000619.json
- Plain text: https://secwatch.observer/filing/0001199835-23-000619.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.