Multiple buying at Sonoro Energy (SNV)

Multiple buying at Sonoro Energy (V:SNV)

Updated Monday Apr 02, 2018 02:20 AM EDT
William James Marpe, a Director and 10% Holder, acquired 8,377,620 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on March 26th, 2018. The insider also acquired 8,377,620 Warrants with an exercise price of $0.100 for 2 years. This represents a $418,881 investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Richard Wadsworth, CEO and Director, acquired 300,000 Common Shares and 300,000 Warrants on a direct ownership basis. This represents a $15,000 investment into the company's shares and an account share holdings change of greater than 100%. David Robinson, a Director, acquired 220,000 Common Shares and 220,000 Warrants on an indirect ownership basis for registered holder D.R.R. Capital Corp. This represents a $11,000 investment into the company's shares and an account share holdings change of 40.1%. Chris Atkinson, a Director, acquired 180,000 Common Shares and 180,000 Warrants. This represents a $9,000 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.

Headlines: Apr 02, 2018


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