Sonoro Corrects Disclosure Regarding Finder’s Warrants Issued in Connection with Private Placement
VANCOUVER, Canada, November 7, 2019, Sonoro Metals Corp., (TSXV: SMO | OTCQB: SMOFF | FRA: 23SP), (“Sonoro” and the “Company”), is issuing a correction to its previously disseminated press release dated April 3, 2019 (the “Initial Press Release”). The Initial Press Release announced the completion of a previously announced non-brokered private placement for aggregate proceeds of $650,718 through the issuance of 3,615,104 units (the “Private Placement”). The Company is issuing this press release to correct the disclosure in the Initial Press Release regarding the number of non-transferable finder’s warrants (the “Finder’s Warrants”) issued to the following arm’s length finders in connection with the Private Placement: Haywood Securities Inc. (“Haywood”) and Canaccord Genuity Corp. (“Canaccord”). The Initial Press Release announced the issuance of 30,345 Finder’s Warrants to Haywood and 3,500 Finder’s Warrants to Canaccord. In fact, the Company issued 60,690 Finder’s Warrants to Haywood and 7,000 Finder’s Warrants to Canaccord on the terms previously announced.
About Sonoro Metals Corp.
Sonoro Metals Corp. is a publicly listed exploration and development company with two exploration stage precious metal properties 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 METALS CORP.
Per: “Kenneth MacLeod”
KENNETH MACLEOD President & CEO
For further information, please contact:
Sonoro Metals Corp. - Corporate Communications:
Bill Campbell – Tel: (604) 565-5609 Email: [email protected]
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.