22:04:25 EDT Thu 17 Oct 2024
Enter Symbol
or Name
USA
CA



Sonoro Energy Ltd (4)
Symbol SNV
Shares Issued 223,434,075
Close 2024-05-31 C$ 0.095
Market Cap C$ 21,226,237
Recent Sedar Documents

Sonoro assessing oil asset sale by farm-in partner

2024-05-31 17:37 ET - News Release

Mr. Dean Callaway reports

SONORO ENERGY LTD. RESPONDS TO PROPOSED PROPERTY DIVESTITURE

Sonoro Energy Ltd. is aware of the proposed sale by its farm-in partner Superb Operating Company Ltd. of certain oil interests located in Saskatchewan.

Further to its news release dated Oct. 30, 2023, the company and Superb are parties to a farm-in agreement, as reinstated and amended, pursuant to which Sonoro has earned and may continue to earn a 70-per-cent interest in certain properties located within Saskatchewan's Western Canadian sedimentary basin.

Sonoro is in the process of assessing the proposed divestiture and will pursue continued compliance with the terms of the agreement. The company will provide updates as and when warranted.

We seek Safe Harbor.

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