Mr. Richard Wadsworth reports

CLOSING OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Sonoro Energy Ltd. has closed a first tranche of the non-brokered private placement for total gross proceeds of $2,698,640, further to the April 4, 2017, private placement offering news release. Pursuant to the first tranche, the company sold 89,954,664 units at a price of three cents per unit, where each unit consists of one common share of the company and one-half of 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 five cents per common share.

Closing of the first tranche is subject to final TSX Venture Exchange approval. The common shares and warrants issued in connection with the first tranche are subject to a four-month hold period.

The company paid finders' fees in connection with the closing of the first tranche in the aggregate amount of $103,513 plus 3,357,445 warrants, where each warrant entitles the holder to purchase one common share by April 27, 2019, at five cents per common share.

The company expects to close on a final tranche for additional gross proceeds of about $600,000, representing an additional issuance of about 18 million units, on or about May 12, 2017.

The first tranche closing is being made pursuant to a waiver granted by the TSX Venture Exchange, which permits the company to offer the units at a price below the TSX Venture Exchange's five-cent minimum pricing requirement pursuant to the TSX Venture bulletin dated April 7, 2014. The company has undertaken to the TSX Venture Exchange to conduct a consolidation of the company's common shares within six months of the closing date in accordance with the requirements of the TSX Venture Exchange.

The proceeds of the first tranche are intended to be used primarily to finance the drilling of the Budong Budong appraisal well this summer 2017, and for general corporate purposes as previously described under use of proceeds in the April 4, 2017, news release.

About Sonoro Energy Ltd.

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 planning for a one- to two-well appraisal drilling program on the Budong Budong licence offsetting the LG-1 well.

We seek Safe Harbor.