Tickers: PINX:SNVFF, XTSX:SNV
Tags: Oil & Gas
Calgary, Alberta / TheNewswire / 19 October 2017 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSX-V: SNV) is pleased to report that at its annual and special meeting of shareholders held October 19, 2017 (the "Shareholders' Meeting"), each of the current directors of Sonoro, namely, Christopher Atkinson, Richard Wadsworth, Bill Marpe, David Robinson, Ryszard Kurr and David Winter were re-elected for another term. Each of the directors received at least 99% of the votes cast in favour of their re-election.
A total of 83,370,781 common shares of Sonoro (the "Shares") of the 177,314,463 Shares outstanding were voted for the election of the directors at the Shareholders' Meeting, representing 47.02%% of the issued and outstanding Shares. Shareholders voted to re-elect the current directors as follows:
Nominee | Votes For | Votes Withheld |
Christopher Atkinson | 83,192,696 | 178,085 |
Richard Wadsworth | 83,369,301 | 1,480 |
Bill Marpe | 83,192,701 | 178,080 |
David Robinson | 83,362,696 | 8,085 |
Ryszard Kurr | 83,171,750 | 199,031 |
David Winter | 83,362,696 | 8,085 |
Shareholders also voted in favour of the other resolutions voted on at the meeting, being the setting of the number of Company directors at six, the appointment of Deloitte LLP, Chartered Accountants, as auditors for the financial year ending December 31, 2017, approval of the Company's amended share option plan and for the consolidation of the Company's Shares up to a four for one basis. The consolidation will be effected at a time to be determined by the directors and announced by a press release of the Company.
About Sonoro
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. The Company has commenced operations for a one well appraisal drilling program on the Budong Budong license offsetting the LG-1 well.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
RICHARD WADSWORTH
Chairman and CEO
+1.403.262.3252
Copyright (c) 2017 TheNewswire - All rights reserved.
