Sonoro GOLD Announces increase in Private Placement
Globenewswire·2025-08-27 12:00

Core Points - Sonoro Gold Corp. is increasing its non-brokered private placement to 10,000,000 units for gross proceeds of CAD $1,500,000 in response to investor demand [1][2] - Each unit is priced at $0.15 and 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 [4] Company Overview - Sonoro Gold Corp. is a publicly listed exploration and development company focused on the Cerro Caliche project and the San Marcial project in Sonora State, Mexico [5] - The company has a highly experienced operational and management team with a proven track record in discovering and developing natural resource deposits [5]