SONORO GOLD ANNOUNCES FURTHER INCREASE IN PRIVATE PLACEMENT

Core Viewpoint - Sonoro Gold Corp. has increased its non-brokered private placement to 13,350,000 units, raising gross proceeds of CAD $2,002,500 in response to strong investor demand [1][2]. Group 1: Offering Details - The offering price is set at CAD $0.15 per unit, with each unit consisting of one common share and one common share purchase warrant [2]. - Each warrant allows the holder to purchase an additional common share at an exercise price of CAD $0.22 for a period of two years from the closing of the private placement [2]. - The offering is subject to acceptance by the TSX Venture Exchange and includes a 4-month plus one-day hold period for all securities issued [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to the ongoing development of the Cerro Caliche gold project in Sonora, Mexico, as well as for working capital [4]. Group 3: 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 boasts experienced operational and management teams with proven success in discovering and developing natural resource deposits [5].