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Sonoro Gold ( (TSE:SGO) ) has provided an announcement.
Sonoro Gold Corp. has announced an increase in its non-brokered private placement to 10,000,000 units, aiming to raise CAD $1,500,000 in response to investor demand. The funds will support the development of the Cerro Caliche gold project in Sonora, Mexico, and provide working capital, potentially enhancing the company’s operational capabilities and market positioning.
More about Sonoro Gold
Sonoro Gold Corp. is a publicly listed exploration and development company with projects in Sonora State, Mexico. The company focuses on the development-stage Cerro Caliche project and the exploration-stage San Marcial project, leveraging experienced operational and management teams with a track record in discovering and developing natural resource deposits.
Average Trading Volume: 290,834
Technical Sentiment Signal: Buy
Current Market Cap: C$41.28M
Find detailed analytics on SGO stock on TipRanks’ Stock Analysis page.