Business
Sonoro Announces Grant of Stock Options
May 6, 2011 (Canada NewsWire Group) -- TSX Venture Exchange Symbol: SNV CALGARY, May 6 /C...
About this update from Sonoro Energy Ltd.
[{"type":"text","content":"\n\n\n May 6, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX Venture Exchange Symbol: SNV\n\n\nCALGARY, May 6 /CNW/ - Sonoro Energy Ltd. ("Sonoro" or "the Company")\n (TSXV: SNV) announces that it has granted 4,370,000 stock options to\n directors, officers, employees and consultants exercisable at $0.27 per\n share over a five year term in accordance with the Company's stock\n option plan.  A total of 3.6 million of these options have been granted\n to directors and officers of the Corporation. The terms and conditions\n of the grant are subject to the approval of the TSX Venture Exchange.\n\n\nAbout Sonoro\nSonoro is an international oil exploration and development company. Our\n current focus is heavy oil resource exploration and development in\n Iraq. We have initiated the evaluation of resource opportunities within\n our recently signed asphalt license agreement in the province of Salah\n ad Din.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n responsibility for the adequacy or accuracy of this release. Statements\n in this release that are forward-looking statements, including the\n exploration success and development plans in Iraq, are subject to risks\n and uncertainties, including those specific factors disclosed under the\n heading "Risk Factors" and elsewhere in the Company's periodic filings\n with Canadian securities regulators. Such information contained herein\n represents management's best judgmen...