Sono Resources Announces Management and Board Appointments

Sono Resources Inc. (OTCQB: GVRS) (www.sonoresourcesinc.com) announced that the Company has appointed Peter Wilson as President and Director, William D. Thomas as CFO and Director and Paul Robert Lindsay as a Director of the Company. During the past 20 years, Mr. Wilson lead the management of several public companies through his private investment firm which is based in Vancouver, Canada. His experience spans a wide range of property negotiations, but primarily the financings of companies in the mining, energy and real estate industries. His business experience includes international assignments in the United Kingdom, Canada, the United States, Switzerland and Norway.

CIC’s buyout by JSW in doubt

IOL.co.za: "CIC Energy Corp said the Botswana government had declined to renew one of its two mining licenses there which could derail a buyout of the Canadian coal miner by Indian power utility JSW Energy Ltd. CIC's shares fell 16 percent. The company said it was discussing the new developments in Botswana with JSW Energy, and the deal will not go through unless the latter waives a license renewal condition. Last November, CIC had agreed to a C$422 million, or C$7.42 a share, buyout offer from JSW Energy, subject to its getting both its Mmamabula East and Mmamabula South mining licenses renewed in Botswana. The buyout offer comes at a time when Indian firms are scouting coal assets overseas to fire up power plants at home, looking to benefit from the energy-hungry nation's aim to halve its nearly 14 percent peak-hour power deficit within two years."