Sonora Gold Corp. CA$0.05 0.0000 (0.00%)

Closing of Private Placement

Sonora Gold & Silver Corp. has completed the non-brokered private placement announced in Stockwatch on Sept. 22, 2010, of five million units for gross proceeds of $1.25-million. The units comprise one common share and one-half of one share purchase warrant, exercisable at a price of 50 cents for one whole warrant share for a period of up to two years from the date of close. The shares issued under the private placement are subject to a four-month hold period expiring Feb. 20, 2011.

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ON BEHALF OF THE BOARD OF DIRECTORS

Signed:
"Ken Churchill"

Ken Churchill
President & CEO, Director

For further contact:
Ken Churchill
Tel: 778.373.5499
This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

 

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Sonora Gold & Silver Corp.
210 - 905 West Pender St.
Vancouver, BC V6C 1L6

Tel: 604 398 5396