SONORO GOLD increases private placement to CAD $2.0 million

Sonoro Gold Corp. (TSXV: SGO) has increased its non-brokered private placement to 13,350,000 units for gross proceeds of CAD $2,002,500, according to a company statement. The placement was initially announced on August 20, 2025, and previously increased on August 27, 2025.

The offering price remains CAD $0.15 per unit. Each unit consists of one common share and one warrant, with each warrant allowing the purchase of an additional common share at CAD $0.22 for two years from the closing date.

The company will pay finder's fees to registered securities dealers as permitted under TSX Venture Exchange policies. All securities issued will be subject to a four-month plus one-day hold period in Canada from closing.

Sonoro plans to use net proceeds to fund development of its Cerro Caliche gold project in Sonora, Mexico, and for working capital. The offering requires TSX Venture Exchange acceptance.

The Vancouver-based company holds the development-stage Cerro Caliche project and exploration-stage San Marcial project in Sonora State, Mexico.

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