debt
confidence high
sentiment neutral
materiality 0.55
Laredo Oil enters $1.5M note & warrant purchase agreement with accredited investors
Laredo Oil, Inc.
- Total principal amount of notes up to $1.5M; initial $825K sold at May 20 closing.
- Warrants to purchase 825,000 shares of common stock at $0.43 per share.
- Amendment on June 4 increased principal from $825K to $1.5M.
- Notes and warrants are restricted securities sold to accredited investors only.
item 1.01item 9.01