SONORO GOLD ANNOUNCES INCREASE IN PRIVATE PLACEMENT TO $4 MILLION

Executive Summary

• Sonoro Gold Corp. increased its previously announced non‑brokered private placement to 20 million units, targeting gross proceeds of CAD 4 million at $0.20 per unit.
• Each unit consists of one common share and one three‑year warrant exercisable at CAD 0.28 per share; a 4‑month plus one‑day hold period applies.
• Net proceeds will fund development of the Cerro Caliche gold project in Sonora, Mexico, and provide working capital.

Key Details

• Offering Size: Increased to 20,000,000 units (previously announced on Oct 2, 2025).
• Pricing: CAD $0.20 per unit; total gross proceeds target CAD $4,000,000.
• Unit Composition: 1 Sonoro common share + 1 common share purchase warrant.
• Warrant Terms: Right to purchase one additional common share at CAD $0.28 per share, exercisable for three years from closing.
• Finder’s Fees: Company may pay finder’s fees to registered securities dealers in accordance with TSX Venture Exchange policies.
• Holding Period: All securities subject to a 4‑month plus one‑day hold period in Canada from the closing date.
• Exchange Acceptance: Offering is subject to acceptance by the TSX Venture Exchange.
• Use of Proceeds: Funding ongoing development of the Cerro Caliche gold project (Sonora, Mexico) and general working capital.

Notable Quotes

• Kenneth MacLeod, President & CEO: “We are pleased to expand this offering in response to strong investor demand, providing essential financing to advance our flagship Cerro Caliche project.”