Mr. Kenneth MacLeod reports
SONORO GOLD ANNOUNCES FULLY-COMMITTED $4 MILLION PRIVATE PLACEMENT
Sonoro Gold Corp. has arranged a fully committed non-brokered private placement offering consisting of 20 million units at a price of 20 cents per unit, for gross proceeds of $4-million.
Each unit will be composed of 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 28 cents per share.
The offering is expected to close on or about Dec. 22, 2025, and no finders' fees will be paid in connection with the offering.
All securities issued and issuable in connection with the offering will be subject to a four-month-plus-one-day hold period in Canada from the closing date. The offering is subject to TSX Venture Exchange acceptance.
Proceeds of the offering will be used to advance the company's Cerro Caliche gold project in Sonora, Mexico, and for general working capital purposes.
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.
© 2025 Canjex Publishing Ltd. All rights reserved.