SONORO GOLD COMPLETES FINAL CONCESSION PAYMENT AND PROVIDES CORPORATE UPDATE

Core Points - Sonoro Gold Corp. has completed the final concession payment for its Cerro Caliche gold project in Sonora, Mexico, marking a significant milestone in the company's development efforts [1][2] - The company has acquired a 100% interest in the El Rosario mineral concessions, which represent 30% of the total surface area of the Cerro Caliche project, for a total consideration of US $1.79 million [1][2] - The Cerro Caliche project consists of 15 contiguous mining concessions covering a total area of 1,350.10 hectares, with all financial obligations under the option agreements now fulfilled [3] Financial and Operational Developments - The final installment of US $919,907.71 was paid on October 29, 2025, as part of the Assignment Agreement, which also includes a 2% Net Smelter Returns royalty agreement with the vendor [2] - The company controls 100% of the surface rights for the Cerro Caliche project, having secured an agreement with the owner of the Cerro Prieto Ranch [4] - The project is in the final permitting stage for a proposed open-pit, heap leach mining operation, with over 25 gold mineralized zones identified [5] Management Changes - Salil Dhaumya has resigned as Chief Financial Officer, with Board Member Katharine Regan stepping in as interim CFO until a successor is appointed [6]