Business
Sonoro Energy Issues Shares to Berkeley
Jan. 6, 2011 (Canada NewsWire Group) -- TSX Venture Exchange Symbol: SNV CALGARY, Jan. 6 ...
About this update from Sonoro Energy Ltd.
[{"type":"text","content":"\n\n\n\n Jan. 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, Jan. 6 /CNW/ - Sonoro Energy Ltd. ("Sonoro" or "the Company")\n (TSX-V:SNV) announces that it has issued 23.75 million shares to\n Berkeley Petroleum Mesopotamia Asphalts Limited at  a deemed price of\n $0.38 per share under the terms of its agreement with Berkeley as\n announced on October 4, 2010.  The share issuance was subject to TSX\n Venture Exchange approval, which has now been received.  The shares\n will be subject to a four month hold period expiring May 7, 2011.\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 judgment as of the date hereof based on\n information currently available. The Company does not assume the\n obligation to update any forward-looking statement except in compliance\n with applicable securities laws.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRICHARD WADSWORTH PRESIDENT & CEO +1 403.262.3252 [email protected] www.sonoroenerg...