Sonoro announces closing of Non-Brokered Private Placement, warrant amendments and project update

CALGARY, Alberta (March 29, 2019)—Sonoro Energy Ltd (the “Corporation “ or “Sonoro”) (TSX Venture: SNV) is pleased to announces the closing of its non-brokered private placement for total gross proceeds of $312,000 further to its February 25th, 2019 news release announcing the financing.

The Company will issue 10,400,000 Units (a “Unit”) at a price of $0.03 per Unit, where each Unit consists of one common share (a “Common Share”) of the Company and one common share purchase warrant (a “Warrant”) of the Company, where each Warrant entitles the holder to purchase one Common Share within two years of the closing date at a price of $0.05 per Common Share.

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