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SONORO GOLD ANNOUNCES FURTHER INCREASE IN PRIVATE PLACEMENT
Globenewswireยท 2025-09-05 20:30
Core Points - 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] - Each unit is priced at CAD $0.15 and includes one common share and one common share purchase warrant, which can be exercised at CAD $0.22 per share 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 management team with extensive experience in discovering and developing natural resource deposits [5]