Vancouver, British Columbia / October 10, 2017 - Sonora Gold & Silver Corp. (the “Company”) (TSX.V: SOC) is pleased to announce that, further to its news release of September 19, 2017, it has completed a private placement of 10,000,000 common shares issued at a price of $0.05 per common share, raising gross proceeds of $500,000.

The Company did not pay any finder’s fees in connection with the private placement.

The net proceeds of the private placement will be used for general working capital purposes.  The common shares issued in connection with the private placement are subject to a statutory hold period of four months plus one day from the closing of the private placement.

The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of, or a solicitation of an offer to buy, securities in the United States.

On behalf of the board of directors:

Ken Churchill

President & CEO, Director

T: 604.780.8708

E: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this news release.

This news release is not for distribution or dissemination in the United States and accordingly, shall not constitute an offer of securities in the United States.  The securities that may be issued pursuant to this news release are not currently qualified by prospectus or registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the laws of any state, and may not be offered or sold in the United States, or to, or for the account or benefit of United States persons (as defined in Regulation S under the Securities Act) or persons in the United States absent registration or an applicable exemption from the registration requirements.  The securities are subject to resale restrictions under applicable securities laws.


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Negese Property


Sonora Gold & Silver Corp.
210 - 905 West Pender St.
Vancouver, BC V6C 1L6

Tel: 604 398 5396