11:43 AM EST - Suroco Energy Inc. : announced that its Board of Directors, has, upon the recommendation of the independent special committee of the Suroco Board and advice from its financial advisor and legal counsel, unanimously recommended that holders of Suroco Shares reject the unsolicited cash offer from Vetra Acquisition Ltd., a wholly-owned subsidiary of VETRA Holding S.a.r.l. to acquire the issued and outstanding common shares of Suroco. Suroco Energy Inc.
shares V.SRN are trading down $0.01 at $0.80.