VANCOUVER, Canada, May 13, 2022 (GLOBE NEWSWIRE) — Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) announces that, due to current capital market conditions, it has decided to withdraw its previously proposed non-brokered private placement offering of up to 17,000,000 units (the “Units”) at a price of C$0.18 per Unit announced on April 25, 2022. The Company will continue to monitor market conditions to determine a more favourable time to seek additional financing.
About Sonoro Gold Corp.
Sonoro Gold Corp. is a publicly listed exploration and development Company holding the near-development-stage Cerro Caliche project and the exploration-stage San Marcial project in Sonora State, Mexico. The Company has highly experienced operational and management teams with proven track records for the discovery and development of natural resource deposits.
On behalf of the Board of SONORO GOLD CORP.
Per: “Kenneth MacLeod”
Kenneth MacLeod
President & CEO
For further information, please contact:
Sonoro Gold Corp. – Tel: (604) 632-1764
Email: [email protected]
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Original Article: https://www.globenewswire.com/news-release/2022/05/13/2443060/0/en/SONORO-GOLD-WITHDRAWS-PRIVATE-PLACEMENT.html
