Uplisting to a higher exchange can bring significant advantages to companies, and Laredo Oil (OTC: LRDC) is eyeing that possibility and making strategic moves in that direction. Laredo, an exploration and production company specializing in conventional and enhanced oil recovery (“EOR”) techniques targeting mature and declining oil fields, recent signed a financial advisory agreement with Dawson James Securities aimed to provide essential insight and support as the company focuses on future growth (https://ibn.fm/eh1HO).
“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 and chair 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. “We are a full-service investment banking firm with research, institutional and retail sales, and execution trading and corporate services,” the company states (https://ibn.fm/EeyT6).
“By investing the time required to completely understand your business, we can provide an appropriate capital transaction structure and strategy including direct investment through our independent fund,” the statement continues. “Our team will assist in crafting your vision and shaping your message for the capital markets.”
Dawson James is “looking forward to working closely with Mark and the Laredo Oil team, assisting them in achieving all their business and financial goals,” added Frank Terzo, managing director of investment banking at Dawson James.
Laredo Oil is an oil exploration and production company primarily engaged in acquisition and exploration efforts for mineral properties. In addition to pursuing conventional oil 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.
For more information, visit the company’s website at 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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