02:19:23 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Sonoro Gold Corp
Symbol SGO
Shares Issued 166,070,992
Close 2024-02-12 C$ 0.05
Market Cap C$ 8,303,550
Recent Sedar Documents

Sonoro Gold reprices $1M financing at 5 cents a share

2024-02-13 11:09 ET - News Release

Mr. Kenneth MacLeod reports

SONORO GOLD ANNOUNCES REVISED $1 MILLION PRIVATE PLACEMENT

Sonoro Gold Corp. has revised the pricing of its previously announced non-brokered private placement offering. The offering will now consist of up to 20 million units at a price of five cents per unit for gross proceeds of up to $1-million.

Each unit will comprise 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 three years from the closing of the private placement at an exercise price of seven cents per share.

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-and-one-day hold period in Canada from the closing date. The offering is subject to TSX-V acceptance.

The net proceeds from the offering will be used to finance the continuing development of the company's Cerro Caliche gold project in Sonora, Mexico, as well as for working capital.

About Sonoro Gold Corp.

Sonoro Gold is a publicly listed exploration and development company holding the development-stage Cerro Caliche project and the exploration-stage San Marcial project 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.

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