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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 BCherbon Sep 22, 2021 12:03am
119 Views
Post# 33896943

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

RE:RE:RE:RE:RE:RE:RE:more want out than in
ark88 wrote: If they take shares in lieu than we're good. If they don't than we're done.
Unless SNV raises $1.6 mil.......


As per November 25th, 2019 NR near the end: "...Sonoro's first year project costs will be carried by its partner for a maximum period of two years and will only be converted into common shares should Sonoro not repay such advances after this timeframe." On this note, we are not aware if all funds have been borrowed, assuming not because not a lot has happened.
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