Multiple insider buying at Sonoro Metals (SMO)

Multiple insider buying at Sonoro Metals (:SMO)

Neil Herman Junior Maedel, a Director and Deemed Insider, acquired 200,000 Common Shares at a price of $0.180 and 100,000 Warrants exercisable at $0.270 for a period of one year on a direct ownership basis through a prospectus or prospectus exempt offering on August 2nd, 2019. This represents a $36,000 investment into the company's shares and an account share holdings change of 63.5%.

Under the same terms:
 
Melvin Allen Herdrick, a Senior Officer, acquired 110,000 Common Shares and 55,000 Warrants on a direct ownership basis through a prospectus or prospectus exempt offering on August 1st, 2019. This represents a $19,800 investment into the company's shares and an account share holdings change of 14.8%.

Stephen Kenwood, a Director, acquired 110,000 Common Shares and 55,000 Warrants on a direct ownership basis through a prospectus or prospectus exempt offering on August 2nd, 2019. This represents a $19,800 investment into the company's shares and an account share holdings change of 31.7%.

Kenneth MacLeod, CEO and Director, acquired 91,056 Common Shares and 45,528 Warrants on a direct ownership basis through a prospectus or prospectus exempt offering on August 1st, 2019. This represents a $16,390 investment into the company's shares and an account share holdings change of 2.1%.

Katharine Elizabeth Regan, a Deemed Insider, acquired 56,000 Common Shares and 28,000 Warrants on a direct ownership basis through a prospectus or prospectus exempt offering on August 2nd, 2019. This represents a $10,080 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, five insiders have invested a total amount of $102,070.