Plot thickens...
Sonora closes $1.25-million private placement
2010-10-21 17:57 ET - News Release
Mr. Ken Churchill reports
CLOSING OF PRIVATE PLACEMENT
Sonora Gold & Silver Corp. has completed a non-brokered private placement announced in Stockwatch on Sept. 22, 2010, of five million units for gross proceeds of $1.25-million. The Units are comprised of one common share and one half of one share purchase warrant, exercisable at a price of
.50 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 February 20, 2011.