Announcement • May 20
Sonoro Gold Corp. announced that it expects to receive CAD 10 million in funding Sonoro Gold Corp. has announced a non-brokered private placement offering to issue 40,000,000 units at a price of CAD CAD 0.25 per unit for gross proceeds of CAD 10,000,000. Each Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the company for a period of three years from the closing of the private placement at an exercise price of CAD 0.34 per common share. The Company may pay finder’s fees, as permitted under the policies of the TSX Venture Exchange. 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. Announcement • May 07
Sonoro Gold Corp Commences 50,000 Meter Drilling Program Sonoro Gold Corp. announced it will resume drilling at its flagship Cerro Caliche gold project in Sonora State, Mexico. The Company will complete a two-phased exploration campaign including 50,000 meters of reverse circulation drilling as well as soil and rock sampling programs. Phase I of the program is expected to be completed by the fall of 2026 and will include 25,000 meters of drilling with approximately 207 drill holes and 6,000 soil samples. Phase II will continue uninterrupted until the Spring of 2027 with 25,000 meters of drilling and approximately 220 drill holes and 3,000 soil samples. Access roads to the drill sites have now been upgraded and drill pads are near completion. Drilling will commence with CANMEX Perforaciones y Servicios SA de CV on May 11, 2026. The program will initially focus on infill drilling at several known gold mineralized zones where prior drilling campaigns returned multiple higher-grade gold intercepts within larger intervals of high-grade gold mineralization. The objective is to potentially increase the size, grade and classification of the project’s mineral resource. The cross section below highlights the previously announced higher-grade gold intercepts and identifies several of the planned drill holes. The program will further investigate previously identified deeper mineralized zones as well as undertake expansion drilling at certain mineralized corridors where occurrences suggest consistent geology and the potential expansion of mineralization. Expansion drilling will also confirm the structural continuity of the northwest-trending mineralized corridors into the recently acquired northern and eastern concessions. Review of historical geological data, from prior exploration programs completed on the new concessions, demonstrate comparable geological characteristics and grades to the project’s known gold mineralized zones. The 50,000-meter reverse circulation drilling campaign will proceed alongside the proposed development of an open-pit, heap leach mining operation currently in the permitting phase for an initial 10-year production at a projected capacity of up to 16,000 tonnes per day. Announcement • Apr 27
Sonoro Gold Corp. announced that it has received CAD 12.2 million in funding On April 27, 2026, Sonoro Gold Corp closed the transaction. The company announced that it has issued 50,833,334 units at CAD 0..24 per unit, for gross proceeds of CAD 12,200,000.16. Each Unit consists of one common share and one common share purchase warrant. Each warrant entitles 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 0.32 per share. No finder fees were paid in connection with the Offering. All securities issued and issuable in connection with the Offering are subject to a 4-month plus one day hold period ending August 25, 2026. The Offering has received conditional acceptance from the TSX Venture Exchange but remains subject to receipt of final acceptance from the TSX Venture Exchange. Insiders of the Company participated in the Offering by subscribing for 15,652,834 Units for gross proceeds of CAD 3,756,680. The transaction has been oversubscribed.