On December 21, 2021, Sonoro Gold Corp. closed the transaction. The company has issued 16,666,667 units for aggregate gross proceeds of CAD 3,000,000 in the transaction. The transaction included participation from 65 placees, Melvin Herdrick, vice-president of exploration for 735,869 units; Western Investments Ltd. for 695,278 units, Kenneth MacLeod, president, chief executive officer, director, for 555,556 units, 0713708 B.C. Ltd. for 200,000 units; Koios Corporate Financial Services Ltd. for 88,889 units and Jorge Alberto Diaz Avalos, vice president operations manager for 735,869 units, a pro group consisting of one place for 125,000 units. All securities issued and issuable in connection with the transaction will be subject to a 4-month plus one day hold period ending April 21, 2022. The transaction has received conditional acceptance from the TSX Venture Exchange but remains subject to receipt of final approval from the TSX Venture Exchange. The company paid to each finder at the election of the finder, either a cash finder’s fee or units equal to a maximum 7% of the gross proceeds raised from subscribers introduced to the company by the finder, and non-transferable finder’s warrants equal in number to 7% of the gross proceeds raised from subscribers introduced to the company by the finder. Each finder’s warrant entitles the finder to purchase one common share in the capital of the company at a price of CAD 0.30 for a period of two years following the closing. In total, the company paid CAD 47,420.30 in finder’s fees and 263,447 in non-transferable finder’s warrants including PI Financial Corp. received CAD 10,080 in cash and 56,000 warrants payable, iA Capital Markets CAD 23,310 in cash and 129,500 warrants payable, GloRes Securities Inc. CAD 5,250 in cash and 29,167 warrants payable, IBK Capital Corp. CAD 7,056 in cash and 39,200 warrants payable, Haywood Securities Inc., CAD 1,724.31 in cash and 9,580 warrants payable. The company raised CAD 150,298.95 pursuant to Regulation D in the transaction from three investors. On December 24, 2021, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.