Business
Sonic announces issuance of 1.2 million options
Sonic announces issuance of 1.2 million options
About this update from Sonoro Energy Ltd.
[{"type":"text","content":"\n\n\n\nJan. 21, 2010 (Canada NewsWire Group) -- VANCOUVER, Jan. 21 /CNW/ -- SONIC Technology Solutions Inc. (\"SONIC\" or \"the Company\") today announced the grant of 1,200,000 stock options to officers and consultants of the company at an exercise price of $0.15 per share for a 5 year term. The stock options are granted pursuant to the company's stock option plan.These options were issued with the recent changes in the management of the company and the addition of key consultants which will work closely with the Company to execute its strategy of developing a PetroSonic heavy oil upgrading facility in the international arena as its immediate priority.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 except in compliance with applicable securities laws.\n\n\n\n","length":1460,"tagName":"div"}]