Sonoro Gold increases private placement to CAD $1.5 million

Sonoro Gold Corp. (TSXV: SGO) announced it is increasing its non-brokered private placement to 10,000,000 units for gross proceeds of CAD $1,500,000, citing investor demand.

The company originally announced the private placement on August 20, 2025. The offering price remains $0.15 per unit, with each unit consisting of one common share and one purchase warrant.

Each warrant allows the holder to purchase one additional Sonoro common share within two years of the private placement closing at an exercise price of CAD $0.22 per share.

Sonoro intends to pay finder's fees for units placed through registered securities dealers, as permitted under TSX Venture Exchange policies. All securities from the offering will be subject to a 4-month plus one-day hold period in Canada from the closing date.

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

Sonoro Gold Corp. operates as an exploration and development company with the development-stage Cerro Caliche project and exploration-stage San Marcial project in Sonora State, Mexico.

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