Sonic financing for heavy oil upgrading



    
    /NOT FOT DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE UNITED STATES/

    TSX Venture Exchange Symbol: SNV
    

    VANCOUVER, Jan. 14 /CNW/ - SONIC Technology Solutions Inc. ("SONIC" or
"the Company") today announced that it has closed the private placement first
announced on December 24th 2008 (the "Private Placement"). Under the Private
Placement, the Company issued an aggregate total of 10,800,000 units (the
"Units") to subscribers at a price of $0.05 per Unit, with each Unit
consisting of one common share and one common share purchase warrant, for
gross proceeds of $540,000. Each warrant is exercisable for a period of six
months at a price of $0.10 per common share purchase warrant.
    As announced December 24th 2008, EnergyInvest will also provide up to
$5-million for the initial project for engineering, construction and operation
of a heavy oil upgrading facility.
    The Company paid a cash finder's fee equal to 5% of the proceeds on
$250,000 of the Private Placement. All securities issued under the Private
Placement will be subject to a four month hold period under applicable
Canadian securities laws. The securities being offered have not, nor will they
be registered under the United States Securities Act of 1933, as amended, and
may not be offered or sold within the United States or to, or for the account
or benefit of, U.S. persons absent U.S. registration or an applicable
exemption from the U.S. registration requirements. This release does not
constitute an offer for sale of securities in the United States.

    About SONIC and PetroSonic

    PetroSonic is a wholly owned subsidiary of SONIC and the exclusive
licensee of a heavy oil upgrading process utilizing proprietary processes and
sonic reactor technology developed and owned by SONIC. The PetroSonic
upgrading process incorporates de-asphalting and oxidation stages in a low
temperature and pressure process.

    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 are subject to various risks
and uncertainties 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.




For further information:

For further information: please contact SONIC @ Tel: (604) 736-2552,
Email: info@SONICTSI.com, www.SONICtsi.com

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Sonoro Energy Ltd.

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