Sonora Gold Corp. CA$0.07 0.0000 (0.00%)

CLOSING OF PRIVATE PLACEMENT

June 17, 2010 (TSX.V - SOC)... Sonora Gold & Silver Corp. ("Sonora" or the "Company"), is pleased to announce the Company has completed an expedited private placement previously announced on April 22, 2010 of 2,500,000 units comprised of one common share and one half of one share purchase warrant, exercisable at a price of $0.15 for one whole warrant share for a period of up to one year from the date of close, providing the Company gross proceeds of $250,000. The shares issued under the private placement are subject to a four month hold period expiring October 16, 2010.

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ON BEHALF OF THE BOARD OF DIRECTORS

Sonora Gold & Silver Corp.

Ken Churchill
President, Chief Executive Officer and Director

For further information please contact:
Ken Churchill
604-780-8708

Neither the 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 Plaza
1066 West Hastings St.
Vancouver, BC V6E 3X2

Tel: 778.373.5499