Item 1.01. Entry into a Material Definitive Agreement.

Laredo Oil, Inc. (the "Company") has entered into a Common Stock Purchase Agreement (the "Purchase Agreement") with Robert Adamo, an individual (the "Purchaser"), dated June 15, 2023. Pursuant to the Purchase Agreement, the Purchaser purchased 6,062,886 shares of the Company's common stock (the "Shares") for the purchase price of $0.0441 per Share, or a total of $267,319.00. The Shares are subject to restrictions on the sale or other transfer pursuant to Rule 144 promulgated under the Securities Act of 1933.

The foregoing is a description of the material terms and conditions of the Purchase Agreement and is not a complete discussion of the Purchase Agreement. Accordingly, the foregoing is qualified in its entirety by reference to the full text of the Purchase Agreement, a copy of which is attached as Exhibit 10.1 to this Report, and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibit



  Exhibit   Common Stock Purchase Agreement executed by Laredo Oil, Inc. and
10.1      Robert Adamo.

Exhibit   Cover Page Interactive Data File (embedded within the Inline XBRL
104       document)




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