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SONORO GOLD ANNOUNCES $525,000 PRIVATE PLACEMENT

VANCOUVER, Canada, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SM...

articleSonoro Gold CorpAugust 20, 20253/company/sonoro-gold-corp/news/sonoro-gold-announces-dollar525000-private-placement
SONORO GOLD ANNOUNCES $525,000 PRIVATE PLACEMENT

About this update from Sonoro Gold Corp

[{"type":"text","content":"SONORO GOLD ANNOUNCES $525,000 PRIVATE PLACEMENT“THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION  TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.”\n\n\n\n VANCOUVER, Canada, Aug. 20, 2025 (GLOBE NEWSWIRE) --\n \n Sonoro Gold Corp.\n \n (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) announces a non-brokered private placement offering (the \"Offering\") consisting of 3,500,000 units (the “Units”) at a price of CAD $0.15 per Unit, for gross proceeds of CAD $525,000.\n \n\n Each Unit will be composed of one Sonoro common share and one common share purchase warrant.  Each warrant will entitle the holder thereof to purchase one additional Sonoro common share for a period of two years from the closing of the private placement at an exercise price of CAD $0.22 per share.\n \n\n The Company intends to pay finder’s fees, as permitted under the policies of the TSX Venture Exchange, in respect of Units placed with the assistance of registered securities dealers.\n \n\n All securities issued and issuable in connection with the Offering will be subject to a 4-month plus one-day hold period in Canada from the closing date. The Offering is subject to TSX Venture Exchange acceptance.\n \n\n The net proceeds from the Offering will be used to fund the ongoing development of the Company’s Cerro Caliche gold project in Sonora, Mexico as well as working capital.\n \n\n\n About Sonoro Gold Corp.\n \n\n Sonoro Gold Corp. is a publicly listed exploration and development Company holding the development-stage Cerro Caliche project and the exploration-stage San Marcial project in Sonora State, Mexico.  The Company has highly experienced operational and management teams with proven track records for the discovery and development of natural resource deposits.\n \n\n To keep up-to-date on Sonoro’s developments, please join our online communities on\n \n\n X\n \n\n ,\n \n\n Facebook\n \n\n ,\n \n\n LinkedIn\n \n\n ,\n \n\n Instagram\n \n\n and\n \n\n YouTube\n \n\n , and visit Sonoro’s\n \n\n website\n \n\n and subscribe to receive the latest news and updates delivered straight to your inbox.\n \n\n On behalf of the Board of SONORO GOLD CORP.\n \n Per:\n \n “Kenneth MacLeod”\n \n...

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