Mr. Kenneth MacLeod reports

SONORO GOLD INCREASES UNIT PRIVATE PLACEMENT TO $3.0 MILLION

In response to strong investor demand, Sonoro Gold Corp. is increasing the non-brokered private placement first announced on March 29, 2021, and initially increased on April 9, 2021, to raise an aggregate of $3-million through the exercise of an additional overallotment option.

The offering price remains 18 cents per unit, with each unit comprising one Sonoro common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional Sonoro common share for a period of two years from the date of closing at an exercise price of 30 cents. The offering, if fully subscribed, will result in the issuance of 16,666,667 shares and 16,666,667 warrants.

Kenneth MacLeod, president and chief executive officer of Sonoro, stated: "The proceeds from the increased private placement will enable our technical teams to complete additional drilling, increasing the results available for consideration in an updated resource estimate, and additional scientific fieldwork and geological structural analysis, which will be incorporated into the 43-101 technical report being prepared by Micon International. No further equity financings are anticipated prior to completion of the preliminary economic assessment by DENM Engineering, anticipated in summer 2021, which will incorporate the metallurgical testing being conducted by McClelland Laboratories and the 43-101 technical report by Micon."

The company intends to pay finders' fees, as permitted under the policies of the TSX Venture Exchange, in respect of units placed with the assistance of registered securities dealers. All securities issued and issuable in connection with the offering will be subject to a four-month hold period from the closing date in Canada. The offering, including the overallotment option, is subject to TSX-V acceptance.

The net proceeds from the offering will be used principally to finance Sonoro's continuing development plans at its Cerro Caliche gold project, located in Sonora, Mexico, and project property maintenance payments, and secondarily for corporate and general administrative expenses.

About Sonoro Gold Corp.

Sonoro Gold is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora state, Mexico. The company has highly experienced operational and management teams with proven records for the discovery and development of natural resource deposits.

We seek Safe Harbor.