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Multiple buying at Sonoro Energy (V:SNV)

Updated Tuesday May 02, 2017 01:46 AM EDT

Chris Atkinson, a Director, acquired 4,538,333 Common Shares on an indirect ownership basis for registered holder Mercia Investment Ltd at a price of $0.030 through a prospectus or prospectus exempt offering on April 27th, 2017. The insider also acquired 2,269,167 Warrants with an exercise price of $0.050 for 2 years. This represents a $136,150 investment into the company's shares and an account share holdings change of 82.0%.

William James Marpe, a Director and 10% Holder, acquired 3,399,000 Common Shares and 1,699,500 Warrants on a direct ownership basis. This represents a $101,970 investment into the company's shares and an account share holdings change of 31.5%.

Ryszard Kurr, a Director, acquired 3,000,000 Common Shares and 1,500,000 Warrants on a direct ownership basis. This represents a $90,000 investment into the company's shares and an account share holdings change of greater than 100%.

Sonoro Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Sonoro Energy Ltd. is an international oil and gas resource exploration and development company. The Company's business consists of the exploration for, appraisal of and development and production of unconventional asphalt/bitumen resources in Iraq and the development of other technologies related to the energy and oil resource sector, including fly ash beneficiation, in Canada. Its segment is the exploration, appraisal and the development and production of asphalt/bitumen resources in Iraq. Its principal focus is on its asphalt license agreement in the Salah ad Din Province of Iraq. The Company and its partners hold exploration rights to asphalts in Al-Salah ad Din Province of Iraq (the Province) pursuant to the Asphalt License (the Asphalt License) among the Salah ad Din Provincial Government, its subsidiary, Sonoro Energy Iraq B.V. (Sonoro Iraq), Berkeley Petroleum Mesopatamia Ltd. and Geopetrol International Holding Inc. The Company has no revenues.

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Go to Sonoro Energy Ltd. (SNV)'s company page

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