Jun. 24, 2011 (Canada NewsWire Group) --
TSX Venture Exchange Symbol: SNV
CALGARY, June 24, 2011 /CNW/ - Sonoro Energy Ltd. ("Sonoro" or "the Company") (TSXV: SNV) announces the appointment of Mr. Christopher Atkinson and Mr. Jesse Meidl as directors of the Company. As previously announced, Messrs. Atkinson and Meidl were proposed as new directors for approval at the Company's annual meeting that was held on June 22nd.
All other resolutions for consideration at the annual meeting were passed, including amendment of the Company's industry designation with the TSX Venture Exchange to "Junior Oil and Gas".
In association with this announcement, the Company has granted 500,000 stock options to each of Mr. Atkinson and Mr. Meidl, exercisable at a price of $0.21 per share over a 5 year term in accordance with the Company's stock option plan. 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 asphalt (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 Salah ad Din Province.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
RICHARD WADSWORTH
PRESIDENT & CEO
+1 403.262.3252
info@sonoroenergy.com
www.sonoroenergy.com