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

Updated Tuesday Jul 05, 2022 02:01 AM EDT

Jorge Alberto Diaz Avalos, a Senior Officer, acquired 1,826,661 Common Shares on an indirect ownership basis for registered holder Quiriego Gold S.A. DE C.V. at a price of $0.150 through a prospectus or prospectus exempt offering on June 30th, 2022. The insider also acquired 1,826,661 Warrants on an indirect ownership basis for registered holder Quiriego Gold S.A. DE C.V. at an exercise price of $0.225 for 2 years. This represents a $273,999 investment into the company's shares and an account share holdings change of greater than 100%.

On the same day, three other insiders also reported participating in smaller amounts.

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's principal business activity is the acquisition, exploration and development of exploration and evaluation assets. The Company's projects include Cerro Caliche Project and San Marcial Project. The Cerro Caliche Project is located in the Cucurpe Municipality of Sonora State in northwestern Mexico and is comprised of approximately 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 is comprised of approximately three contiguous mining concessions covering a total area of approximately 1,015.80 ha. Its subsidiaries include Cap Capital Corp. (Cap Capital), Minera Mar de Plata S.A. de C.V (MMP) and Minera Breco, S.A. de C.V. (Breco).

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Go to Sonoro Gold Corp. (SGO)'s company page

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