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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 SlyFox1on Jun 28, 2022 10:47am
130 Views
Post# 34787400

RE:RE:RE:HIGH TODAY

RE:RE:RE:HIGH TODAYNR 25 Nov 2019: Sonoro Energy Ltd (the "Corporation "or "Sonoro") (TSXV: SNV) is pleased to announce that it has closed a non-brokered private placement offering of convertible debentures ("Debentures") for gross proceeds of $1,615,382 ("the Offering") convertible into 19,004,500 Common Shares of the Corporation. The Debentures bear an interest of 8% per annum expiring (expiry") on November 25, 2021. The Debentures may be converted into Common Shares of the Company at any time in the first year at $0.085 per Common Share. Debentures converted in the second year, before the expiry, are convertible at $0.10 per Common Share.

NR 20 Jun 2022: Sonoro will commence immediate work to complete a detailed reserve report as per our Memorandum of Understanding and we are looking forward to our partners participation in Sonoro, which if executed, will increase the Company’s ownership of Selat Panjang from our current 25% ownership position
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