Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,886.90 +0.0% Silver 49.03 −2.1% Copper 6.10 −1.6% Oil 88.61 −0.1% Palladium 1,004.75 +1.3% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.34 −5.1% XTG 2.00 +0.0% RUA 1.12 +1.8% TUF 0.610 −1.6% NEXG 1.12 −1.3% ELEF 0.285 +1.8% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.58 −1.9% OBUL 0.340 −1.4% MKO 10.66 −1.4% SGML 7.35 +3.8% Gold 3,886.90 +0.0% Silver 49.03 −2.1% Copper 6.10 −1.6% Oil 88.61 −0.1% Palladium 1,004.75 +1.3% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.34 −5.1% XTG 2.00 +0.0% RUA 1.12 +1.8% TUF 0.610 −1.6% NEXG 1.12 −1.3% ELEF 0.285 +1.8% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.58 −1.9% OBUL 0.340 −1.4% MKO 10.66 −1.4% SGML 7.35 +3.8%
Financings

Sonoro Gold arranges $4-million private placement

SGO · Price

Executive Summary

  • Sonoro Gold Corp. has arranged a fully committed, non-brokered private placement offering 20 million units at $0.20 per unit, generating gross proceeds of $4 million.
  • Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.28 per share for three years post-closing.
  • The proceeds will be utilized to advance the Cerro Caliche gold project in Sonora, Mexico, and for general working capital.

Key Details

  • Transaction Structure: Fully committed, non-brokered private placement.
  • Units Offered: 20,000,000 units.
  • Price Per Unit: $0.20 CAD.
  • Gross Proceeds: $4,000,000 CAD.
  • Warrant Terms: Each unit includes one common share purchase warrant.
    • Exercise Price: $0.28 per share.
    • Duration: Three years from the closing of the private placement.
    • Ratio: One warrant per unit (entitling holder to purchase one additional common share).
  • Closing Date: Expected on or about December 22, 2025.
  • Fees: No finders' fees will be paid.
  • Hold Period: Four months plus one day from the closing date in Canada.
  • Regulatory Status: Subject to TSX Venture Exchange acceptance.
  • Use of Proceeds: Advancement of the Cerro Caliche gold project (Sonora, Mexico) and general working capital purposes.
Read the original news release →

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