Sonoro Announces Completion of Previously Announced Consolidation and Private Placement and Lift of the Trading Halt on Sonoro Common Shares

About this update from Sonoro Energy Ltd.

[{"type":"text","content":"\n\n\nCALGARY, Dec. 9, 2013 /CNW/ - Sonoro Energy Ltd. (\"Sonoro\") (TSX-V: SNV)\n is pleased to announce that it has completed its previously announced\n consolidation of its common shares on a 10 for one basis and the\n subsequent private placement of 29,961,438 post-consolidation common\n shares. Geopetrol International Holding Inc. subscribed for 26,300,000\n common shares under the private placement such that it is now a\n \"control person\" of Sonoro within the rules of the TSX Venture\n Exchange.  Common shares issued under the private placement are subject\n to a hold period expiring April 10, 2014.\n\n\nSonoro also announces that its post-consolidation common shares will\n resume trading on the TSX Venture Exchange shortly, following the\n lifting of a trading halt applied pending the resolution of certain\n settlement issues related to the trading of its post-consolidation\n common shares.\n\n\nAbout Sonoro\n\n\nSonoro is an international bitumen exploration and development company. \n Our current focus is a pure play on asphalt resource exploration and\n development in Iraq.  Sonoro has initiated the evaluation of resource\n opportunities under our asphalt license agreement in the Salah ad Din\n Province.\n\n\nNEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS\n THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)\n ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\n\n\nSOURCE Sonoro Energy Ltd.\n\n\n\n RICHARD WADSWORTH Chairman and CEO +1.403.262.3252 www.sonoroenergy.com Copyright CNW Group 2013","length":2197,"tagName":"div"}]

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