Jan. 6, 2011 (Canada NewsWire Group) --
TSX Venture Exchange Symbol: SNV
CALGARY, Jan. 6 /CNW/ - Sonoro Energy Ltd. ("Sonoro" or "the Company") (TSX-V:SNV) announces that it has issued 23.75 million shares to Berkeley Petroleum Mesopotamia Asphalts Limited at a deemed price of $0.38 per share under the terms of its agreement with Berkeley as announced on October 4, 2010. The share issuance was subject to TSX Venture Exchange approval, which has now been received. The shares will be subject to a four month hold period expiring May 7, 2011.
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