Tillkännagivande • Jun 10
Sonoro Gold Corp. announced that it has received CAD 15.5 million in funding On June 10, 2026, Sonoro Gold Corp. closed the transaction. The transaction has been oversubscribed by issuance of 62,000,000 units of the company at an issue price of CAD 0.25 per unit for gross proceeds of CAD 15,500,000. In connection with the offering, the Company paid CAD 87,450 in Finder’s Fees and issued 349,800 non-transferable Finder’s Warrants for a period of three years at an exercise price of CAD 0.34. 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 5,524,640 Units for gross proceeds of CAD 1,381,160, constituting a related party transaction pursuant to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Curtis Turner was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • Apr 23
Sonoro Gold Corp., Annual General Meeting, Jun 29, 2026 Sonoro Gold Corp., Annual General Meeting, Jun 29, 2026. Tillkännagivande • Apr 07
Sonoro Gold Corp. announced that it expects to receive CAD 11 million in funding Sonoro Gold Corp announced a fully-committed non brokered private placement offering consisting of 45,833,333 units at a price of CAD 0.24 per Unit, for gross proceeds of CAD 10,999,999.92 on April 7, 2026. Each Unit will be composed of one 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 0.32 per share. The Offering is expected to close on or about April 30, 2026, and no finder’s fees will be paid in connection with the Offering. 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. Insiders of the Company will participate in the Offering by subscribing for 15,833,333 Units for gross proceeds of CAD 3,800,000, constituting a related party transaction pursuant to TSX Venture Exchange Policy. Tillkännagivande • Mar 02
Sonoro Gold Corp. Announces Updated Mineral Resource Estimate and Updated Preliminary Economic Assessment on Cerro Caliche Gold Project Located in Sonora State, Mexico Sonoro Gold Corp. announced the results of an independent updated Mineral Resource Estimate ("MRE") and updated Preliminary Economic Assessment ("PEA") on the Company's Cerro Caliche gold project located in Sonora State, Mexico. The PEA demonstrates the potential viability for a ten-year life of mine ("LOM"), open pit, heap leach mining operation with an initial one-year ramp up production rate of 12,000 tonnes per day ("tpd") and an increase to 16,000 tpd for the remaining LOM. All-in-Sustaining Costs include cash costs plus sustaining capital and reclamation costs. Mineral Resources are estimated using a three-dimensional block model with a block size of 5 x 5 x 5 m. Drill holes, collared from surface, penetrate the steeply dipping mineralized zones to depths of generally within 125 m below surface, however, several drill holes have intersected gold mineralization to depths approaching 200 m below surface. The Mineral Resource Estimate was generated using drill hole sample assay results and the interpretation of a geological model which relates to the spatial distribution of gold and silver. Interpolation characteristics are defined based on the geology, drill hole spacing, and geostatistical analysis of the data. Tillkännagivande • Jan 01
Sonoro Gold Corp. announced that it has received CAD 4.9 million in funding On December 31, 2025, Sonoro Gold Corp closed the transaction. The company announced that it has issued 24,500,000 units at CAD 0.20 per unit, for gross proceeds of CAD 4,900,000. 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 0.28 per share. The transaction is oversubscribed. 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 May 1, 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 2,215,000 Units for gross proceeds of CAD 443,000. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Curtis Turner was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 17
Sonoro Gold Corp. announced that it expects to receive CAD 4 million in funding Sonoro Gold Corp. announced a non-brokered private placement to issue 20,000,000 units at an issue price of CAD 0.20 for gross proceeds of CAD 4,000,000 on December 16, 2025. Each unit will be composed of one 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 0.28 per share. The offering is expected to close on or about December 22, 2025, and no finder’s fees will be paid in connection with the offering. 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. Tillkännagivande • Oct 31
Sonoro Gold Corp. Announces Chief Financial Officer Changes Sonoro Gold Corp. announced that Salil Dhaumya has resigned as Chief Financial Officer (CFO) of the Company. Mr. Dhaumya has agreed to assist in a smooth transition. Board Member and Corporate Secretary Katharine Regan will assume the role of interim CFO until a suitable successor is appointed. Tillkännagivande • Oct 22
Sonoro Gold Corp. announced that it has received CAD 4.1 million in funding On October 22, 2025, Sonoro Gold Corp. closed the oversubscribed transaction. The company issued 20,500,000 units at a price of CAD 0.20 per unit, for gross proceeds of CAD 4,100,000. Each Unit consists of one Sonoro common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional Sonoro common share for a period of three years from the closing of the private placement at an exercise price of CAD 0.28 per share. In connection with the Offering, the Company paid CAD 10,500 in Finder’s Fees and issued 52,500 non-transferable Finder’s Warrants for a period of three years at an exercise price of CAD 0.28. All securities issued and issuable in connection with the Offering are subject to a 4-month plus one day hold period ending February 23, 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 2,007,297 Units for gross proceeds of CAD 401,459.40. Tillkännagivande • Oct 03
Sonoro Gold Corp. announced that it expects to receive CAD 3 million in funding Sonoro Gold Corp announced a non-brokered private placement to issue 15,000,000 units at a price of CAD 0.2 per unit for aggregate gross proceeds of CAD 3,000,000 on October 2, 2025. Each unit will be comprised of one 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 offering at an exercise price of CAD 0.28 per share. The transaction is expected to close on or about October 20, 2025. The Company anticipates that certain insiders of the Company, including officers and/or directors, may participate in the Offering and any such participation will be considered a "related party transaction" within the meaning of Multilateral Instrument 61-101 -Protection of Minority Security Holders in Special Transactions ("MI 61-101"). 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. Tillkännagivande • Oct 01
Sonoro Gold Corp. Provides Corporate Update on Two Mineral Projects Located in Sonora, Mexico Sonoro Gold Corp. provided a Corporate Update on the Company's two mineral projects located in Sonora, Mexico. Cerro Caliche Gold Project. Sonoro intends to commission an updated Preliminary Economic Assessment ("PEA") on its Cerro Caliche Gold project currently in the permitting phase for a proposed open pit, heap leach mining operation. The project's current PEA was filed in August 2023 and contemplates an initial 9-year mining operation at 12,000 metric tonnes per day ("mtpd") with economic parameters based on a gold price of USD 1,800 per ounce. The updated PEA will reflect an increased gold price as well as higher capital cost and operating cost estimates. The updated PEA will also include a revised mine plan to align with recent updates to the project's Environmental Impact Statement, or Manifestacion de Impacto Ambiental ("MIA"). As stated in Sonoro's July 9, 2025 News Release, the recent revisions to the MIA optimize the project's footprint while ensuring the project also meets the high social and environmental standards. Mining construction and operational activities in Mexico require an approved MIA, as well as ownership of mineral concessions and surface rights. San Marcial Gold-Silver Project. Management is currently considering options for a strategic reorganization of the Company's assets, including consideration of a spin out of its San Marcial gold-silver project into its wholly owned subsidiary Oronos Gold Corp. ("Oronos"). Should such a transaction become effective, Sonoro shareholders would end up owning shares in two public companies: Sonoro, which will continue to focus on the development of the Cerro Caliche gold project, and Oronos, which would focus on the exploration and development of the San Marcial gold- silver project. Sonoro anticipates announcing results of its strategic review process by the end of 2025. The San Marcial gold-silver projects is located in the Santa Ana Municipality of Sonora, Mexico and is comprised of four contiguous mining concessions. Sonoro acquired the project in 2014 and holds 100% title to the concessions through its wholly owned Mexican subsidiary Minera Breco, S.A. de C.V. ("Breco"). The project overlays the historic Soledad and San Marcial mine sites and was the subject of drilling programs during the 1980s and 1990s. Following the acquisition of San Marcial, an extensive mapping and soil sampling program was completed by Sonoro and, as previously disclosed, revealed anomalous zones with multiple structural trends with gold and silver mineralization. Management speculates the San Marcial project may have the potential for large gold-silver mineralization and believes further exploration is justified, including a large grid drill program at selected mineralized zones. Management believes a strategic reorganization to spin out the San Marcial project has the potential to unlock currently unrecognized value of the project and fund development without diluting shareholders' holdings in Sonoro. Tillkännagivande • Sep 10
Sonoro Gold Corp. announced that it has received CAD 2.0025 million in funding On September 10, 2025, Sonoro Gold Corp. closed the oversubscribed transaction. The company issued 13,350,000 units at an issue price of CAD 0.15 for gross proceeds of CAD 2,002,500. In connection with the offering, the company paid CAD 47,502.69 in finder’s fees and issued 316,685 in non-transferable finder’s warrants for a period of two years at an exercise price of CAD 0.22. All securities issued and issuable in connection with the offering are subject to a 4-month plus one day hold period ending January 11, 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 906,667 units for gross proceeds of CAD 136,000.05. Tillkännagivande • Aug 20
Sonoro Gold Corp. announced that it expects to receive CAD 0.525 million in funding Sonoro Gold Corp. announced a non-brokered private placement offering consisting of 3,500,000 units at a price of CAD 0.15 per Unit, for gross proceeds of CAD 525,000 on August 20, 2025. Each Unit will be composed of one 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 two years from the closing of the private placement at an exercise price of CAD 0.22 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. Tillkännagivande • Jul 09
Sonoro Gold Corp. Provides an Update on the Environmental Impact Statement for the Cerro Caliche Gold Project Sonoro Gold Corp. provided an update on the status of the Environmental Impact Statement, or Manifestacion de Impacto Ambiental ("MIA") for its Cerro Caliche gold project in Sonora, Mexico. The Company has submited a revised MIA to the Mexican federal permi ng authority, Secretaria de Medio Ambiente y Recursos Naturales ("SEMARNAT") to op mize the project's footprint and enhance social and environmental stewardship. The revised MIA was ini ally submited in February 2025 and supersedes the prior MIA submited in May 2022.isions to the MIA, including enhancing the mine plan and undertaking addi onal environmental baseline studies and socio-economic assessments, reflect the Company's commitment to bring Cerro Caliche into produc on while ensuring the project meets the high social and environmental standards. The MIA details an open-pit, heap leach mining opera on including waste dumps, crushing facili es, heap leach pad, leach solu on ponds, gold recovery facili es, haul roads, building structures and infrastructure as proposed in the Company's Preliminary Economic Assessment dated August 28, 2023. Mining construc on and Opera onal ac vi es in Mexico require an approved MIA, as well as ownership of concessions and surface rights. The Company holds 100% of the concession rights for the Cerro Caliche project and on July 4, 2025, the Company announced that it had secured 100% of the surface rights to the Cerro Caliche concessions and surrounding areas. Exploration to date at the 1,400-hectare property confirms a broadly mineralized low-sulphidation epithermal vein structure and over 25 northwest-trending gold mineralized zones along trend and near surface. With only 30% of the property's identified mineralized zones drilled and assayed, the Company filed an updated Mineral Resource Estimate (MRE) in March 2023 based on a total 55,360 meters of drilled data, including 498 drill holes, 17 trenches and assays for 53,865 meters of the drilled data. In October 2023, the Company filed a new Preliminary Economic Assessment (PEA) demonstrating the potential viability of a 9-year open pit, heap leach mining operation. Using a gold price of USD 1,800 per ounce, the project has an after-tax net present value discounted at 5% ("NPV5") of USD 47.7 million and an Internal Rate of Return ("IRR") of 45%. Using a gold price of USD 2,000 per ounce, the project has a aftertax NPV5 of USD 77 million and an IRR of 63%. The PEA was prepared in accordance with the requirements of National Instrument 43-101 by D.E.N.M. Engineering Ltd. and Micon International Limited, with confirmation of the applicable resource estimates prepared by SRK Consulting (U.S.) Inc. Qualified Person Statement. Tillkännagivande • Apr 21
Sonoro Gold Corp., Annual General Meeting, Jun 26, 2025 Sonoro Gold Corp., Annual General Meeting, Jun 26, 2025. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Curtis Turner was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 20
Sonoro Gold Corp. announced that it has received CAD 0.5 million in funding On December 19, 2024, Sonoro Gold Corp. closed the transaction. In connection with the Offering, the Company paid CAD 6,160 in Finder’s Fees and issued 68,446 in nontransferable Finder’s Warrants for a period of two years at an exercise price of CAD 0.14. All securities issued and issuable in connection with the Offering are subject to a 4-month plus one day hold period ending January 26, 2025. 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 1,668,906 Units for gross proceeds of CAD 150,202. Tillkännagivande • Nov 27
Sonoro Gold Corp. announced that it expects to receive CAD 0.5 million in funding Sonoro Gold Corp. announced a non-brokered private placement for issuance of up to 5,555,556 units at an issue price of CAD 0.09 per unit for the gross proceeds of up to CAD 500,000.04 on November 26, 2024. Each unit will be composed of one 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 two years from the closing of the private placement at an exercise price of CAD 0.14 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. Tillkännagivande • Sep 27
Sonoro Gold Corp. announced that it has received CAD 0.875 million in funding On September 26, 2024, Sonoro Gold Corp. closed the transaction. The company issued 17,500,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of up to CAD 875,000. In connection with the Offering, the Company paid CAD 6,720 in Finder’s Fees and issued 134,400 in nontransferable Finder’s Warrants for a period of three years at an exercise price of CAD 0.07. An insider of the Company participated in the offering by subscribing for 222,000 Units for gross proceeds of CAD 11,100 Tillkännagivande • Sep 10
Sonoro Gold Corp. announced that it expects to receive CAD 0.7 million in funding Sonoro Gold Corp. announced a non-brokered private placement that it will issue up to 14,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of up to CAD 700,000 on September 10, 2024. Each Unit will be composed of one 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 C$0.07 per share. The Offering is subject to TSX Venture Exchange acceptance. 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. No finder’s fees are expected to be paid from this Offering, and no new control person will be created. The Offering is fully committed to and is expected to be fully subscribed. The Company also anticipates that certain directors and officers of the Company will participate in the Offering. New Risk • Sep 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.5m free cash flow). Share price has been highly volatile over the past 3 months (46% average daily change). Negative equity (-CA$1.4m). Earnings have declined by 8.6% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€6.99m market cap, or US$7.73m). Minor Risk Shareholders have been diluted in the past year (14% increase in shares outstanding). Tillkännagivande • Apr 20
Sonoro Gold Corp., Annual General Meeting, Jun 27, 2024 Sonoro Gold Corp., Annual General Meeting, Jun 27, 2024. Tillkännagivande • Apr 03
Sonoro Gold Corp. announced that it has received CAD 1.1675 million in funding On April 2, 2024, Sonoro Gold Corp. closed the transaction. The company issued 12,321,580 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 616,079 in its final tranche. The company issued a total of 23,350,009 units at a price of CAD 0.05 per unit for gross proceeds of CAD 1,167,500 in the transaction. The Company paid CAD 5,950 in finder’s fees and issued 77,000 in nontransferable three-year finder’s warrants at an exercise price of CAD 0.07 and 42,000 non-transferable two-year finder’s warrants at an exercise price of CAD 0.05 for a total of 119,000 finder’s warrants. All securities issued and issuable in connection with the Final Tranche are subject to a 4-month plus one day hold period ending July 29, 2024. The offering has received conditional acceptance from the TSX Venture Exchange but remains subject to receipt of final acceptance from the TSX Venture Exchange. The transaction included participation from directors and officers of the company in the final tranche by subscribing for 4,983,500 units for gross proceeds of CAD 249,175. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 7 insiders with total existing insider involvement of 9,265,263 shares, 1 pro group with total pro group involvement: 110,000 shares. Board Change • Mar 14
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Curtis Turner was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Mar 12
Sonoro Gold Appoints Katharine Regan to Board of Directors Sonoro Gold Corp. announced the appointment of Katharine Regan to the Company’s Board of Directors, in addition to her position of Vice President of Corporate Development and Corporate Secretary. Ms. Regan will stand for election by the Shareholders of the Company at the next Annual General Meeting. Ms. Regan has over 25 years’ experience in business development across multiple industries, in both the private and public sectors, with expertise in administrative management and corporate governance. Ms. Regan has served as an independent consultant to multiple small and mid-sized businesses overseeing corporate development as well as the creation and implementation of strategic initiatives to improve operating efficiency and support company growth. Ms. Regan has extensive experience in administrative operations, budgetary management and regulatory compliance for exploration companies and is a member of the Governance Professionals of Canada (GPC). She was appointed Corporate Secretary of Sonoro Gold in 2019 and Vice-President of Corporate Development in 2022. Tillkännagivande • Feb 06
Sonoro Gold Corp. announced that it expects to receive CAD 1 million in funding 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. New Risk • Nov 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.3m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€8.96m market cap, or US$9.78m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Tillkännagivande • Sep 01
Sonoro Gold Corp. announced that it has received CAD 2.26 million in funding On August 31, 2023, Sonoro Gold Corp. closed the transaction. The company amended the terms of the transaction and issued 2,592,080 units at an issue price of CAD 0.10 per unit for gross proceeds of up to CAD 259,208 in its final tranche for the aggregate gross proceeds of up to CAD 2,260,000. The transaction included participation from individual investors for 92,080 units for gross proceeds of CAD 9,208. All securities issued and issuable in connection with the final tranche are subject to a 4-month, plus one day, hold period ending January 1, 2024. The offering has received conditional acceptance from the TSX Venture Exchange but remains subject to receipt of final acceptance from the TSX Venture Exchange. Tillkännagivande • Jul 11
Sonoro Gold Corp. Reports Gold Mineralized Targets in Northwest Region of Cerro Caliche as Potential Resource Expansion Sonoro Gold Corp. reported oxide mineralized targets identified for resource expansion at the Company's Cerro Caliche gold project, located in Sonora State, Mexico. Surface sampling and detailed geologic mapping completed in the northwest region of the property demonstrate three linear structural corridor occurrences with anomalous gold, silver and base metal mineralization, as well as a fourth visually inferred corridor. Exploration to date at Cerro Caliche has identified a wide area of mineralized low-sulfidation epithermal vein structures and the presence of multiple northwest trending gold mineralized zones along trend and at near surface. A Mineral Resource Estimate report filed in March 2023 confirmed a section of the concession's oxide, shallow, gold mineralized resource that the Company is currently working on to bring into production with a proposed heap leach mining operation. With just over 30% of the known mineralized gold zones at Cerro Caliche explored, the Company has identified the Northwestern Corridors Area as a priority drilling target for future drilling to expand the resource. The structural and veined corridors are located adjacent and parallel to the known El Rincon and Veta de Oro vein zones where previously announced drilling results confirm gold-silver mineralized intervals. Assay results with data resolution from surface sampling, together with geologic mapping and adjacent drill holes, suggest the potential expansion of the project's oxide gold mineralized zones and resource. Surface sampling methods consisted of continuous chip sampling perpendicular across measured veins and wall rocks. Within the Northwestern Corridors Area, the Company has completed 608 samples with sample lengths of 1.0 to 2.0 meters and assays grades of up to 24.8 grams of gold per tonne ("g/t Au"). Within the same area, the Company completed 27 previously announced drill holes as part of its Phase 3 exploration program concluded in April 2021. Tillkännagivande • Jul 06
Sonoro Gold Corp. Announces Board Changes Sonoro Gold Corp. announced that Neil Maedel did not seek re-election at the AGM held on June 29, 2023 and has therefore retired from his position as an Executive Director of the Company with effect from June 29, 2023. Mr. Maedel served as an Executive Director of the Company since February 2019. Mr. Jorge Alberto Diaz Avalos has been elected to the Board of Directors and appointed to the position of Vice-Chairman of the Board. Mr. Diaz is also the Vice-President of Operations, managing all aspects of field operations for the Company. In 2009, he co-founded the Company's wholly-owned Mexican subsidiary, Minera Mar De Plata, S.A. de C.V., which controls the Cerro Caliche project. Mr. Diaz is a mining engineer with a Master of Science, Mineral Economics degree from the Colorado School of Mines and a Mining and Metallurgical Engineer undergraduate degree from the University of Guanajuato. He is arecipient of the Atlantic Richfield Award from the Colorado School of Mines, an award given to the top five students in mineral economics. Mr. Diaz has an extensive background in mining development including a successful and long career with Peñoles and Luismin where he developed underground and open pit mining operations. Mr. Diaz directed the development, construction and operations of both the La Colorada project for Eldorado Gold and later the Cieneguita heap leach mine for Glamis Gold. As General Manager, he led the multinational team that developed Alamos Gold's Mulatos Mine and also directed the design, construction and start of production of Morgain Minerals' El Cairo Mine. Through his consulting, engineering design and construction services company, Interminera, Mr. Diaz led the development of Pediment Gold's, and later Argonaut Gold's, La Colorada mine and the San Antoniogold deposit. He subsequently discovered a new gold deposit in Quiriego, Sonora State, which he is currently operating as an open-pit heap-leach mine. Tillkännagivande • May 05
Sonoro Gold Corp. announced that it expects to receive CAD 3 million in funding Sonoro Gold Corp. announced a non-brokered private placement consisting of up to 30,000,000 units at an issue price of CAD 0.10 per unit for gross proceeds of up to CAD 3,000,000 on May 3, 2023. Each Unit will be composed of one 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 two years from the closing of the private placement at an exercise price of CAD 0.15 per share. All securities issued and issuable in connection with the Offering will be subject to a 4-month hold period in Canada from the closing date. The Offering is subject to TSX Venture Exchange acceptance. 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. Tillkännagivande • Feb 08
Sonoro Gold Corp. Announces Updated Mineral Resource Estimate At Cerro Caliche Gold Project Sonoro Gold Corp. announced an updated Mineral Resource Estimate (MRE) for the Cerro Caliche gold project in Sonora, Mexico. The MRE has been prepared by SRK Consulting (U.S.) Inc. (SRK) in accordance with the requirements of National Instrument 43-101 and is based on a total 59,500 meters of drilled data including 544 drill holes, 17 trenches and assays for 57,500 meters of the drilled data. Mineral Resource Estimate Highlights: Indicated Mineral Resources (cut-off of 0.20 g/t AuEq) of 19.9 million tonnes (“Mt”) at 0.44 g/t Au and 3.5 g/t Ag grade; Contains within an optimized pit shell: 280,000 ounces of gold (“Au”); 2,240,000 ounces of silver (“Ag”); 290,000 ounces of gold equivalent1 (“AuEq”). Inferred Mineral Resources (cut-off of 0.20 g/t AuEq) of 10.5 Mt at 0.42 g/t Au and 4.0 g/t Ag grade; Contains within an optimized pit shell: 140,000 ounces of Au; 1,345,000 ounces of Ag; 150,000 ounces of AuEq; 65% of the combined resource tonnage is within the Indicated category; Amenable to a combination of open pit mining and heap leach extraction; An updated Preliminary Economic Assessment (“PEA”) based on the updated MRE is expected by the end of second quarter 2023. Mineral Resource Estimate: Mineral resources are estimated using a three-dimensional block model with a nominal block size of 5x5x6 meters (LxWxH). Drill holes, collared from surface, penetrate the steeply dipping mineralized zones to depths of generally within 125 meters below surface but several holes have intersected gold mineralization to depths approaching 200 meters below surface. The resource estimate is generated using drill hole sample assay results and the interpretation of a geological model which relates to the spatial distribution of gold and silver. Interpolation characteristics are defined based on the geology, drill hole spacing, and geostatistical analysis of the data. The effects of outlying high-grade sample data, composited to 6.0-meter intervals, are controlled by traditional capping of the composites. Block grades are estimated using ordinary kriging and have been validated using a combination of visual and statistical methods. Mineral resources that exhibit good continuity of mineralization along with a consistent pattern of drill holes on a maximum nominal spacing between 45 and 55 meters, are included in the Indicated category. Mineral resources in the Inferred category are based on a nominal spacing of 110 meters.