Company's statement on recent sellingCALGARY, Canada (Jan. 17, 2024)—Sonoro Energy Ltd. (“Sonoro” or the “Company”) (TSXV: SNV) wishes to update investors that the Company’s Management and Directors are unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
Sonoro’s news release of Jan. 11, 2024 outlines the current results and activities with our well in the Western Canadian Sedimentary Basin.
The Company’s shares have traded a substantial volume in the past five days and mainly from selling by a brokerage firm listed as Anonymous which makes it difficult for the firm to identify the selling entity.