Sonoro Gold arranges $4-million private placement

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.