Vancouver, British Columbia (March 11th, 2009 - Sonora Gold & Silver Corp. (the "Company" or "Sonora") - announces the grant of a total of 450,000 stock options exercisable at a price of $0.10 per option share, for a period of five (5) years from the date of grant. Options are allocated as follows: Ken Churchill, President and Chief Executive Officer, 350,000 options and June Ballant, Chief Financial Officer, 100,000.
In addition, the Company would like to announce that effective March 10th, 2009, Saturna Group Chartered Accountants LLP will be the auditors for the ensuing year in place of Smythe Ratcliffe LLP who have resigned at the request of the Company for cost saving purposes. The Company and Board would like to extend their thanks to Smythe Ratcliffe LLP for their auditing services to date.
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 Churchill604.780.8708
"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.