Laredo Oil subsidiary settles Valley County, MT mineral rights dispute via confidential agreement

Laredo Oil, Inc.

Lustre Oil (wholly owned subsidiary) entered settlement with Erewhon Oil & Gas and A&S Mineral Development.
Settlement includes undisclosed cash payment, resolves quiet title action and lease validity in Valley County, MT.
CEO Mark See says agreement provides clear title and positively resets relationship with ASMD.
All parties release each other from claims related to the litigation and settlement.

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