Group 1 - Sonoro Gold Corp. announces a non-brokered private placement offering of 3,500,000 units at a price of CAD $0.15 per unit, aiming for gross proceeds of CAD $525,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at CAD $0.22 for two years [2] - The net proceeds will be allocated to the ongoing development of the Cerro Caliche gold project in Sonora, Mexico, as well as for working capital [3] Group 2 - Sonoro Gold Corp. is engaged in the exploration and development of the Cerro Caliche project and the San Marcial project in Sonora State, Mexico [4] - The company has a management team with a proven track record in discovering and developing natural resource deposits [4]
SONORO GOLD ANNOUNCES $525,000 PRIVATE PLACEMENT
Globenewswireยท2025-08-20 12:00