May 6, 2011 (Canada NewsWire Group) --
TSX Venture Exchange Symbol: SNV
CALGARY, May 6 /CNW/ - Sonoro Energy Ltd. ("Sonoro" or "the Company") (TSXV: SNV) announces that it has granted 4,370,000 stock options to directors, officers, employees and consultants exercisable at $0.27 per share over a five year term in accordance with the Company's stock option plan. A total of 3.6 million of these options have been granted to directors and officers of the Corporation. The terms and conditions of the grant are subject to the approval of the TSX Venture Exchange.
About Sonoro
Sonoro is an international oil exploration and development company. Our
current focus is heavy oil resource exploration and development in
Iraq. We have initiated the evaluation of resource opportunities within
our recently signed asphalt license agreement in the province of Salah
ad Din.
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, including the exploration success and development plans in Iraq, are subject to risks and uncertainties, including those 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.
RICHARD WADSWORTH
PRESIDENT & CEO
+1 403.262.3252
info@sonoroenergy.com
www.sonoroenergy.com