Public market insider buying at Sonoro Metals (SMO)

Public market insider buying at Sonoro Metals (:SMO)

John Michael Darch, a Director, acquired 1,500,000 Common Shares on an indirect ownership basis for registered holder Western Investments Limited at a price of $0.100 on October 29th, 2018. This represents a $150,000 investment into the company's shares and an account share holdings change of greater than 100%.

Sonoro Metals is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Sonoro Metals Corp. is an exploration-stage company. The Company is engaged in the acquisition, exploration and development of exploration and evaluation assets. The Company operates through the exploration of mineral properties segment. The Company's subsidiary, Minera Mar De Plata, S.A. de C.V., holds an interest in the Chipriona and Los Pinos properties, located in Sonora State, Mexico. Chipriona consists of over four concessions totaling approximately 410 hectares and adjoins Agnico Eagle's La India and Tarachi deposits. The Los Pinos property is approximately three kilometers west of Chipriona. The Company's subsidiary, Minera Breco, S.A. de C.V., holds the San Marcial project, located in Sonora State, Mexico, which consists of over three contiguous mineral concessions. It has interest in approximately 1,280 hectare Monroe Property located in the Fort Steele Mining Division in southeastern British Columbia. Sonoro Metals Corp. (SMO) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $150,000.