Off-market insider buying at Sonoro Gold (SGO)

Off-market insider buying at Sonoro Gold (V:SGO)

Updated Monday Apr 01, 2024 03:11 AM EDT
John Michael Darch, a Director, acquired 2,000,000 Common Shares on an indirect ownership basis for registered holder Western Investments Limited at a price of $0.050 through a prospectus or prospectus exempt offering on March 28th, 2024. The insider also acquired 2,000,000 Warrants on an indirect ownership basis for registered holder Western Investments Limited at an exercise price of $0.070 through a prospectus or prospectus exempt offering on March 28th, 2024. This represents a $100,000 investment into the company's shares and an account share holdings change of 39.3%.

Kenneth MacLeod, CEO and Director, acquired 1,575,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on March 29th, 2024. The insider also acquired 1,575,000 Warrants on a direct ownership basis at an exercise price of $0.070 through a prospectus or prospectus exempt offering on March 29th, 2024. This represents a $78,750 investment into the company's shares and an account share holdings change of 19.4%.

Katharine Elizabeth Regan, a Deemed Insider, acquired 1,030,500 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on March 28th, 2024. The insider also acquired 1,030,500 Warrants on a direct ownership basis at an exercise price of $0.070 through a prospectus or prospectus exempt offering on March 28th, 2024. This represents a $51,525 investment into the company's shares and an account share holdings change of greater than 100%.

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

Sonoro Gold Corp. is a Canada-based exploration and development company. The Company holds the near development stage Cerro Caliche project and the exploration stage San Marcial properties in Sonora State, Mexico. The Cerro Caliche Project is located in the Cucurpe Municipality of Sonora State in northwestern Mexico and consists of over 15 contiguous mining concessions covering a total area of approximately 1,350.10 hectares (ha). The San Marcial Project is located in the Santa Ana Municipality of Sonora State in northwestern Mexico and comprises four contiguous mining concessions held by the Company's wholly owned Mexican subsidiary, Minera Breco, S.A. de C.V. (Breco). The 1,015.80-ha project is situated at the southern end of the prolific Sonora-Mojave Megashear, a regional scale structural system measuring approximately 50 kilometers in width and 500 kilometers in length.

Headlines: Apr 01, 2024


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