On August 31, 2023, Sonoro Gold Corp. closed the transaction. The company amended the terms of the transaction and issued 2,592,080 units at an issue price of CAD 0.10 per unit for gross proceeds of up to CAD 259,208 in its final tranche for the aggregate gross proceeds of up to CAD 2,260,000.

The transaction included participation from individual investors for 92,080 units for gross proceeds of CAD 9,208. All securities issued and issuable in connection with the final tranche are subject to a 4-month, plus one day, hold period ending January 1, 2024. The offering has received conditional acceptance from the TSX Venture Exchange but remains subject to receipt of final acceptance from the TSX Venture Exchange.The transaction included participation from 23 placees, seven existing insider involvement purchased 14,052,340 shares of common shares and one pro group for 1.5 million.