Sonoro Energy Ltd. (TSXV:SNV) announced a non-brokered private placement of unit on April 26, 2021. Each unit consists of one CAD 0.05 common share and one common share purchase warrant of the company, where each whole warrant entitles the holder to purchase one common share within two years at a price of CAD 0.10 per common share. The transaction will include participation from Management and Insiders for subscribing for a large portion of transaction. The transaction is expected to close during the week of May 3, 2021 but may close earlier or later or not at all. Closing of the transaction is also subject to TSX Venture final acceptance. All securities issued in connection with the transaction will be subject to a four month hold period from the date of issuance of such securities.