Sonoro Energy Ltd. V.SNV

RE:RE:RE:MOU

[RoyMax123]

I doubt that we'll see all the details of the final agreement considering the fact that we don't know much of the details in Sask.

ark88 wrote: I think the agreement will come sooner than expected.

Back in late 2023, Dean alluded to the slow pace of approvals dealing with a national oil company.
We now know the agreement to be completed is not with the national oil company. Sonoro is not seeking a direct contractual relationship with the national oil company. However, MENAco does and because we are seeking to be part of MENAco, the national oil company must give their consent with respect to the 5 year management and services contract.

The key difference now and the Indo fiasco is we now have a key player in Sara on the board and we're exchanging ownership stakes with the contract party.

The big unknown for me is who are the shareholders of MENAco? The 20% stake is to come from existing iussed shares. Is this a mere formality or will we see pushback? Priced at .12, our shares are worth more than MENAco shares at face value. We'll need to see the final agreement and the details, but based on this broadstroke, Richard has indeed pulled a rabbit out of a hat. GLTA!

RoyMax123 wrote: The MOU is already signed, what we need is the definitive agreement  executed/signed,

MJB4231 wrote: Let's get this MOU signed ASAP. Investors confidence won't change until then and details clearly provided regarding partnership and business plan and today's trading verified this by small volume and SP move. Time to prove we have something other then a shell company. Show us the money Richard