Business
SONORO GOLD ANNOUNCES FULLY-COMMITTED $4 MILLION 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.”VANCOUVER...
About this update from Sonoro Gold Corp
[{"type":"image","alt":"Sonoro Gold Corp.","displaySize":"","headline":null,"caption":"Sonoro Gold Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":78,"url":"https://media.zenfs.com/en/globenewswire.com/fc4e62d21ee852f4aa91df914cb74e90"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Ip2sNGM0kY5oGIP9BehlTA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwOTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/fc4e62d21ee852f4aa91df914cb74e90","width":300,"height":78}},"lazy":false},{"type":"text","content":"“THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.”","length":148,"tagName":"p"},{"type":"text","content":"VANCOUVER, Canada, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce a fully-committed non-brokered private placement offering (the "Offering") consisting of 20,000,000 units (the “Units”) at a price of CAD $0.20 per Unit, for gross proceeds of CAD $4,000,000.","length":362,"tagName":"p"},{"type":"text","content":"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 three years from the closing of the private placement at an exercise price of CAD $0.28 per share.","length":299,"tagName":"p"},{"type":"text","content":"The Offering is expected to close on or about December 22, 2025, and no finder’s fees will be paid in connection with the Offering.","length":131,"tagName":"p"},{"type":"text","content":"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.","length":215,"tagName":"p"},{"type":"text","content":"Proceeds of the Offering will be used to advance the Company’s Cerro Caliche gold project in Sonora, Mexico and for general working capital purposes.","length":149,"tagName":"p"},{"type":"text","content":"About Sonoro Gold Corp.","length":23,"tagName":"p"},{"type":"text","content":"Sonoro Gold Corp. is a publicly listed exploration and development Company holding the development-stage Cerro Caliche project a...