Laredo Oil, INC

Laredo Oil, Inc. has entered into and subsequently amended a Note and Warrant Purchase Agreement, increasing its potential capital raise through subordinated promissory notes to $1.5 million and issuing warrants for 825,000 shares of common stock.

Laredo Oil, Inc. has engaged M&K CPAS, PLLC as its new independent accountant, replacing BF Borgers CPA PC, who were suspended by the SEC.

Laredo Oil, Inc. is required to find a new auditor after the SEC suspended their current auditor, BF Borgers CPA PC, from practicing before the Commission.

Laredo Oil, Inc. has reached a settlement agreement with A&S Minerals Development Company, LLC, resolving a dispute over mineral rights in Valley County, Montana.

Laredo Oil's subsidiary, Hell Creek Crude, has entered into a participation agreement with investors to fund the drilling of up to three new wells in Montana, securing $2.034 million in initial funding.

Laredo Oil, Inc. filed its Form 10-Q for the quarter ended February 28, 2026, detailing operational results, financial condition, and ongoing strategic initiatives, including its focus on Underground Gravity Drainage (UGD) technology.

Laredo Oil, Inc. reported a significantly wider net loss for the quarter and six months ended November 30, 2025, alongside a material weakness in its internal controls over financial reporting, raising substantial doubt about its ability to continue as a going concern.

Laredo Oil, Inc. reported a significant increase in net loss and a 'going concern' warning for the quarter ended August 31, 2025, alongside operational setbacks and internal control weaknesses.

Laredo Oil, Inc. reports its financial results for the third quarter of fiscal year 2025, showing minimal revenue and ongoing efforts to develop oil and gas properties.

Laredo Oil Inc. has released its second quarter results for fiscal year 2025, which includes a restatement of prior period financials due to an audit issue.

Laredo Oil, Inc. reported a net loss of $469,252 for the first quarter of fiscal year 2025, with revenue of $6,048.

Laredo Oil, Inc. reported a net loss of $3.18 million for fiscal year 2025, with auditors raising substantial doubt about its ability to continue as a going concern due to recurring losses and negative cash flows.

Laredo Oil, Inc. has filed an amended annual report to restate its 2023 financials due to an impairment analysis and issues with its previous auditor.

Laredo Oil, Inc. has filed its annual report on Form 10-K, which includes restated financial statements for the fiscal year ended May 31, 2023, due to an impairment analysis and a change in auditing firms.