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.
ON BEHALF OF THE BOARD OF DIRECTORS
Ken ChurchillPresident & CEO, Director
For further contact:Ken ChurchillTel: 778.373.5499
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.Suite 2300, Oceanic Plaza1066 West Hastings St.Vancouver, BC V6E 3X2
© 2010 Sonora Gold & Silver Corp.