SGO.V · 2022-07-05 12:00:00

R. Stuart Angus Discloses Investment in Sonoro Gold Corp.

Corporate Updates

FOR IMMEDIATE RELEASE

Vancouver, British Columbia – July 5, 2022 - R. Stuart Angus of Sechelt, British Columbia,

an investor in Sonoro Gold Corp. (TSXV: SGO) (the “Corporation”), reports that on June 30,

2022 he acquired (the “Acquisition”) 3,235,000 units of the Corporation (each a “Unit”) pursuant

to a private placement, at a price of $0.15 per Unit for aggregate consideration of $485,250. Each

Unit consists of one Corporatio n common share (each a “ Share”) and one Share purchase

warrant (each a “Warrant”). Each Warrant entitles the holder to acquire one additional Share at

an exercise price of $0.225 per Share for a period of two years.

After giving effect to the Acquisition, R. Stuart Angus now beneficially owns and controls, directly

and indirectly, 9,954,667 Shares and 8,316,667 warrants of the Corporation, representing

approximately 7.1% of the outstanding Shares on a non -diluted basis and approximately 12.4%

on a partially -diluted basis. Prior to the Acquisition R. Stuart Angus beneficially owned or

controlled 6,719,667 Shares and 5,508,667 warrants of the Corporation.

The Acquisition is subject to a condition required by the TSX Venture Exchange that, until such

time as R. Stuart Angus becoming a “Control Person” (as defined in the policies of the TSX

Venture Exchange) of the Corporation has been approved by the Corporation’s disinterested

shareholders, R. Stuart Angus will not exercise of any portion of his Corporation warrants, if as

a result of such exercise, his direct and indirect holdings of outstanding voting securities of the

Corporation would exceed 19.99% of the outstanding voting shares of the Corporation.

The Units were acquired by R. Stuart Angus for investment purposes. R. Stuart Angus has a

long-term view of the investment and may acquire additional securities of the Corporation,

including on the open market or through private acquisitions, or sell securities of the Corporation,

including on the open market or through private dispositions, in the future depending on market

conditions, reformulation of plans and/or other relevant factors.

A copy of the early warning report with respect to the foregoing will be filed under the Corporation’s

profile on SEDAR at www.sedar.com and may also be obtained by contacting the Acquiror.

“Signed by R. Stuart Angus”

R. Stuart Angus

Telephone: 604-805-7542