Sonoro Appoints His Excellency Mr. Hamad Al Shamsi of the UAE to the Board of Directors
By Sonoro Energy Ltd., PRNESunday, September 26, 2010
TSX Venture Exchange Symbol: SNV
CALGARY, Canada, September 27, 2010 - Sonoro Energy Ltd. ("Sonoro" or "the Company") (TSXV: SNV) is pleased to
announce that his Excellency Mr. Hamad Al Shamsi has joined the Sonoro Board
of Directors.
Mr. Al Shamsi is a high-ranking diplomat within the UAE with various
titles and responsibilities with significant portfolios in the Middle East.
Mr. Al Shamsi also serves on several private company boards and has been a
former diplomat throughout the Middle East.
With the addition of Mr. Al Shamsi, Mr. David Coe will step down from the
Board of Directors but will continue to provide advisory services to the
Board and the Company.
Richard Wadsworth commented "It is a great pleasure to have his
Excellency join our Board and provide his wealth of knowledge, experience and
prominence in the Middle East and internationally. With an accomplished Board
and management team now in place, the Company is prepared to aggressively
pursue oil and gas resource projects in the Company's areas of experience and
strength." Mr. Wadsworth further commented, "The Board and I thank Mr. David
Coe for his leadership and experience to the Board and wish him success in
all his future endeavors'."
Sonoro is a public company with its head office based in Calgary, Canada.
The Company is pursuing oil and gas development opportunities in the Middle
East and internationally with an initial focus on heavy oil and bitumen
resources.
In association with this announcement, the Company has granted
500,000 stock options to his Mr. Al Shamsi exercisable at CDN$0.41 per share
over a 5 year term as per the Company's stock option plan. The terms and
conditions of the grant are subject to the approval of the TSX Venture
Exchange.
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 amount of the
offering and its completion, 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.
For further information please contact Richard Wadsworth, Chief Executive
Officer, at:
Tel: +1-403-744-4050 Email: IR@SonoroEnergy.com www.SonoroEnergy.com
For further information please contact Richard Wadsworth, Chief Executive Officer, at: Tel: +1-403-744-4050, Email: IR at SonoroEnergy.com
Tags: Calgary, canada, September 27, Sonoro Energy Ltd.