TSX Venture Exchange Symbol: SNV
VANCOUVER, June 29 /CNW/ - Sonic Technology Solutions Inc. ("Sonic" or the "Company") today announced the grant of 1,100,000 stock options to its Board members, management, employees and consultants at an exercise price of $0.115 per share for a five year term. The stock options were granted pursuant to the Company's stock option plan.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this release that are forward-looking statements, including completion of relevant joint venture agreement documents, funding of the capital for the joint venture, timing, cost and completion of the heavy oil upgrading facility and prospect of moving to a second phase of the de-asphalting process are subject to various assumptions and risks concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement except in compliance with applicable securities laws.
SOURCE Sonoro Energy Ltd.
For further information: For further information: Richard Wadsworth, Chief Executive Officer, at: Tel: 604 736-2552, Email: info@SONICTSI.com, www.SONICTSI.com