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Sonoro Gold raises C$15.5M in oversubscribed placement to fund Cerro Caliche gold project in Mexico.

Company Fundamentals
10 Jun 2026
Proactive Investors
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Bullish
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Sonoro Gold Corp closed an oversubscribed private placement, raising C$15.5 million by issuing 62 million units at $0.25 each. The funds will support a 50,000-metre drilling program and general working capital for its Cerro Caliche gold project in Sonora, Mexico. The project, now expanded with 11 new mineral concessions, is moving toward an open-pit, heap leach mining operation with a planned 10-year production capacity of up to 16,000 tonnes per day and is currently in the permitting phase.

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