Sonoro Gold (TSE:SGO) has released an update.
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Sonoro Gold Corp. has announced a non-brokered private placement offering to raise C$700,000, which will be used to fund its Cerro Caliche gold project in Mexico and for working capital. The offering includes 14 million units priced at C$0.05 each, with each unit comprising a common share and a purchase warrant, exercisable for three years at C$0.07 per share.
For further insights into TSE:SGO stock, check out TipRanks’ Stock Analysis page.