SONORO GOLD ANNOUNCES CLOSING OF OVERSUBSCRIBED $12.2M PRIVATE PLACEMENT

VANCOUVER, Canada, April 27, 2026 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it has closed its previously announced oversubscribed, non-brokered private placement of 50,833,334 units (the “Units”) at $0.24 per unit, for gross proceeds of CAD $12,200,000. 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 $0.32 per share.
Open original source