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Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

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. The Company has drilled two wells in Saskatchewan. The Well 11-30-32-23 W3 was a vertical well and the Well 14-29-32-23 W3 was a Waseca formation multi-lateral horizontal well with four horizontal legs for a total lateral length of approximately 1,600 meters. The Company’s subsidiary, Sonoro Energy Canada Ltd.


TSXV:SNV - Post by User

Comment by copperplayon Sep 21, 2021 1:47pm
93 Views
Post# 33892942

RE:RE:RE:RE:RE:more want out than in

RE:RE:RE:RE:RE:more want out than in
ark88 wrote: Many scenarios, but in any event we will find out something related to the $1.6 mil. due to our partner by Nov 25. Either financing as you note, in which case we will hear something sooner than later, or if we don't pay, then we will hear that our partner owns more than 10% of SNV thus having to report.



yes ark but they do not have to take the shares which are priced at 10 cents now...why would they when stock is at 4 cents.  They ask for $1.7 million is cash of which Sonoro has to raise and pay and more dilution
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