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Bullboard - Stock Discussion Forum Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

Energy Oil & Gas E&P
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... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > AGM
View:
Post by SlyFox1 on Apr 01, 2022 1:32pm

AGM

https://ceo.ca/content/sedar/SNV-20220401-Notice-of-the-meeting-and-record-date-English-88d8.pdf
Comment by copperplay on Apr 01, 2022 1:40pm
June 9, 2022 special meeting for shareholders so things will now finally become clearer over next month as to exactly what we will be voting for Takeover or keeping these current guys in place for another fiscal year
Comment by Medam21 on Apr 01, 2022 1:41pm
AGM special meeting will be held on June 09.
Comment by StratCap on Apr 01, 2022 1:47pm
Waiting to see if consolidation is on the agenda. 
Comment by copperplay on Apr 01, 2022 1:55pm
special meeting, no proxy vote, no Board members mentioned for re election.  Stock at all time low cmon boys...think about it 
Comment by StratCap on Apr 01, 2022 2:08pm
  This was just the notice for the AGM. The agenda and management info circular to come next.
Comment by StratCap on Apr 01, 2022 2:09pm
AGM and Special Meeting.  I meant to say.  
Comment by copperplay on Apr 01, 2022 2:19pm
Comment by GeorgiaStreetE on Apr 01, 2022 2:54pm
At all previous junctures, the management team has chosen to get enough cash through PP to keep their holding pattern going. People can speculate what they think could or should happen, but there is no indication this won't just be the bare minimum AGM to keep the stock on the Venture while they wait, and keep their own shares from being destroyed in consolidation.
Comment by MJB4231 on Apr 01, 2022 3:00pm
Who knows... Could even be announcement of out right Selat ownership. The drama continues to build
Comment by copperplay on Apr 01, 2022 3:17pm
  Omg lol Ok boys you continue to hope for these guys to make your stock go up and how has that worked out so far? Also watch closely as to how they pay out existing salaries which are debt could stick another dagger in shareholders on their way out 2 cents and no interest in SNV
Comment by copperplay on Apr 01, 2022 3:30pm
  If this was the case AGM would have happened in December like previous 10 years followed by a small financing of which management lead the charge like last 3 years  its over boys 
Comment by RoyMax123 on Apr 01, 2022 3:49pm
Why bother doing a meeting if the shop is closed ? make no sense either.
Comment by copperplay on Apr 01, 2022 5:30pm
Roy max  because the shell has to remain in good standing in order to be taken over 
Comment by StratCap on Apr 01, 2022 7:43pm
 No better time to have the shareholders vote for a new slate of  directors and a consolidation of share capital. And of course voting to approve the company option plan and auditor.
Comment by GeorgiaStreetE on Apr 02, 2022 7:46pm
It seems pretty speculative to assume these guys have pivoted to any sort of plan when there hasn't been one since the selat was awarded. Continuing more of the same requires very little, whereas consolidating and selling for a reverse merger requires (1) every insider to walk on their investments, and (2) a bloody buyer. They're watching paint dry, getting delay from everyone else ...more  
Comment by StratCap on Apr 02, 2022 8:08pm
  What would be the reason for the Special Meeting at same time as the AGM? Any thoughts?
Comment by MJB4231 on Apr 02, 2022 10:03pm
This board is gonna be fun reading opinions and speculation of what's happening not too mention the trading of high risk high reward speculation that news will be good or bad. Believe it or not I'm actually glad we finally have any kind of news with a deadline. Have have speculated and put my money where my opinion is that they will pull something out for us positive GLTA
Comment by RoyMax123 on Apr 03, 2022 7:43am
StratCap, From 2010 up to now (except 2019) they always stated "Annual General and Special Meeting"  so I wont put too much attention over it
Comment by copperplay on Apr 03, 2022 8:17am
Roy that is not true at all.  Look up the Notice of Meeting November 2020 and it clearly says "Annual Meeting" along with agenda about voting in directors This is a "Special Meeting" which would assume it is a take over of some sort or change in control and at 2 cents...well most know whats coming
Comment by StratCap on Apr 03, 2022 9:02am
no... the last AGM combined with a Special meeting was in 2017. Please review the Notice of meeting released on September 22, 2017 on Sedar. The agenda items are listed.
Comment by MJB4231 on Apr 03, 2022 9:18am
Any chance you can post that Strat?
Comment by StratCap on Apr 03, 2022 9:26am
  May 26th, 2016 was also an AGM and special meeting. Agenda item 6.  Lets all wait for the proxy and info management circular before we speculate further. Nothing more from me on this until I read the proxy and what will be voted on.
Comment by copperplay on Apr 03, 2022 8:41am
not all reverse mergers are bad.  Yes there is dilution and consolidation of stock but it also brings in a fresh start to a new story.  This only happens when the exisiting company "Sonoro" have exhausted all their options and management are tired of funding operations Look up Tenaz Energy who came in and took over Aleura and did a major financing, completely changed the board ...more  
Comment by copperplay on Apr 04, 2022 9:15am
  every insider could buy stock at 2.5 or 3 cents so pretty sure you have your answer to #1 now watch closely to how their outstanding debt gets settled which I believe is salaries.  In cash or stock as part of new deal this will tell you again why major changes are needed.  4 roll backs in 6 years 
Comment by StratCap on Apr 01, 2022 1:55pm
Just want to wish Good Luck To All longs.
Sonoro Energy Ltd.
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