Sonoro Gold Corp. announced a non-brokered private placement of up to 22,222,222 units at a price of CAD 0.045 per unit for gross proceeds of up to CAD 999,999.99 on February 6, 2024. Each unit will be composed of common share and one common share purchase warrant.

Each warrant will entitle the holder thereof to purchase one additional common share for a period of three years from the closing of the private placement at an exercise price of CAD 0.07 per share. 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. 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.