Sonoro Energy Ltd.

Sonoro Energy is pleased to announce the closing of a non-brokered private placement for total gross proceeds of $1,451,602,.The Company sold 29,032,039 units at a price of $0.05 per Unit where each Unit consists of one common share of the Company and one common share purchase warrant of the Company, where each whole Warrant entitles the holder to purchase one Common Share within two years at a price of $0.10 per Common [...]

Sonoro Energy announces that it intends to raise up to CAD$1,750,000 by way of a non-brokered private placement of units, where a unit consists of one common share of the Company and one common share purchase warrant of the Company. On March 14, 2018, the Company filed a price reservation form with the TSX Venture Exchange to price protect the placement of up to 35,000,000 units at a price of $0.05 per Unit. Each Warrant [...]

Sonoro Energy announces that it has cancelled its previously announced non-brokered private placement. The financing has been cancelled due to the unexpected non-renewal of the Company's production sharing contract at Budong Budong in West Suliwesi, Indonesia. The Company has no further updates to provide on the Budong Budong project from that released on March 12, 2018 except that the Company will be meeting with [...]

Sonoro Energy Ltd. has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in [...]

Sonoro Energy is pleased to announce the closing of a first tranche of the non-brokered private placement for total gross proceeds of $1,764,602, further to its February 21, 2018 private placement offering news release. Pursuant to the First Tranche, the Company sold 17,646,020 units at a price of $0.10 per Unit where each Unit consists of one common share of the Company and one half of one common share purchase warrant [...]

Sonoro Energy announces that as part of its non-brokered private placement previously announced on February 21, 2018, an officer and director of the Company has arranged for the sale of 4,000,000 common shares of the Insider's personal holdings at a price in context with the market through the facilities of the TSX Venture Exchange. The Insider intends to use 100% of the proceeds from the Swap to participate in the [...]

Sonoro Energy announces that due to market conditions, it has amended the terms to its Private Placement previously announced on January 26, 2018. The Company intends to raise up to $5,000,000 by way of a non-brokered private placement of units, where a unit consists of one common share of the Company and one half of one common share purchase warrant of the Company. The Unit will be priced at $0.10 per share which [...]

Sonoro Energy announces that it intends to raise up to $4,500,000 by way of a non-brokered private placement of units, where a unit consists of one common share of the Company and one half of one common share purchase warrant of the Company. The Unit will be priced at $0.13 per share which represents a 23.5% discount from the closing price on January 24, 5018. Each whole Warrant entitles the holder to purchase one Common [...]

Sonoro Energy is pleased to announce that following the LG-1 Updip well being cased and cemented, the Company fully demobilized the drilling rig and associated equipment and services. The Company is now undertaking further well analysis of the well results in line with standard industry practices. The preliminary conclusions are as follows: - The four way dip closure of the LG structure is sealed by a claystone/shale [...]

Sonoro Energy wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia. Neither TSX Venture Exchange nor its [...]