TSX Venture Exchange Symbol: SNV
CALGARY, June 24, 2011 /CNW/ - Sonoro Energy Ltd. ("Sonoro" or "the
Company") (TSXV: SNV) announces the appointment of Mr. Christopher
Atkinson and Mr. Jesse Meidl as directors of the Company. As
previously announced, Messrs. Atkinson and Meidl were proposed as new
directors for approval at the Company's annual meeting that was held on
All other resolutions for consideration at the annual meeting were
passed, including amendment of the Company's industry designation with
the TSX Venture Exchange to "Junior Oil and Gas".
In association with this announcement, the Company has granted 500,000
stock options to each of Mr. Atkinson and Mr. Meidl, exercisable at a
price of $0.21 per share over a 5 year term in accordance with the
Company's stock option plan. The terms and conditions of the grant are
subject to the approval of the TSX Venture Exchange.
Sonoro is an international oil exploration and development company. Our
current focus is asphalt (heavy oil) resource exploration and
development in Iraq. We have initiated the evaluation of resource
opportunities within our recently signed asphalt license agreement in
the Salah ad Din Province.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE Sonoro Energy Ltd.
For further information:
PRESIDENT & CEO