Laredo Oil (OTC: LRDC), an oil exploration and production company specializing in conventional and enhanced oil recovery (“EOR”) techniques targeting mature and declining oil fields, is eyeing the possibility of uplisting to a higher exchange and is making strategic moves in that direction. A recent article reads: “Laredo recently signed a financial advisory agreement with Dawson James Securities aimed to provide essential insight and support as the company focuses on future growth. ‘Dawson James brings 20 years of investment banking experience and expertise, which, I feel, will enhance our presence in the public financial markets,’ said Laredo Oil CEO Mark See. According to the announcement, the agreement calls for Dawson to ‘provide advice to and consult with the company concerning business and financial planning, corporate organization and structure, and private and public equity and debt financing, as well as potential uplisting and other such matters mutually agreed upon.’ Dawson James Securities specializes in capital raising for small and microcap public and private growth companies primarily in the life science/health care, technology, clean tech, and consumer spaces.”
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About Laredo Oil Inc.
Laredo Oil is an oil exploration and production company primarily engaged in acquisition and exploration efforts for mineral properties. In addition to pursuing conventional recovery methods in selected oil fields, Laredo Oil plans to locate and acquire mature oil fields, with the intention of recovering “stranded” oil using enhanced recovery methods. Laredo Oil’s common stock is listed on the OTC Pink Sheets under the symbol LRDC. For more information about the company, visit www.Laredo-Oil.com.
NOTE TO INVESTORS: The latest news and updates relating to LRDC are available in the company’s newsroom at https://ibn.fm/LRDC
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