Bullboard - Stock Discussion Forum Sonoro Energy Ltd. SNVFF

Primary Symbol: V.SNV

Energy Oil & Gas E&P

Sonoro Energy Ltd. is a Canada-based oil and gas company. The Company is focused on oil and gas exploration and production in Canada and abroad, including the Middle East/North Africa (MENA) region, southeast Asia, and southeast Europe. The Company holds a 70% working interest in a proven Waseca channel heavy oil resource fairway, which consists of 1,840-acre contiguous oil field located in the... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > SEDI

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Post by SlyFox1 on Dec 29, 2023 5:10pm

SEDI

SEDI for Richard just filed. More to follow for the rest of insiders. This is a great thing to see

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Comment by StratCap on Dec 29, 2023 5:28pm

Sly, positive sign when the Chairman and CEO is eating his own cooking! GLTA

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Comment by ark88 on Dec 29, 2023 5:34pm

It's important to note, there are no insider filings that show any selling of shares to pay for the warrant exercising. They not only took large part in the $0.05 financing to keep the company going, but are now putting more skin in the game. If this isn't an answer to an earlier post regarding 33 million shares "overhang", I don't know what is.

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Comment by FabiusCunctator on Dec 30, 2023 9:54pm

I understand that there has been no selling to finance by the 5 cent warrant holders. There is no 33 million share overhang. We should know this week regards the level of exercise of the warrants. With those funds SNV will be well positioned to advance development. We have to expect production mid January - the first in the history of this company. 2024 is going to be a ...more

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Sonoro Energy Ltd.