SONORO PROPOSES $650,000 PRIVATE PLACEMENT FINANCING <br /> <br /> VANCOUVER, Canada, March 18, 2019, Sonoro Metals Corp., (TSXV: SMO | OTCQB: SMOFF | FRA: 23SP), (“Sonoro” and the “Company”), announces that the Company proposes to undertake a non-brokered private placement of up to 3,612,000 units (the “Units”) at a price of $0.18 per Unit, for gross proceeds of up to $650,160 (the “Offering”). Each Unit will consist of one common share and one-half of a common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one common share of Sonoro at an exercise price of $0.27 during the one year following the closing of the Offering. The Company does not anticipate that it will be pay any finder’s fees or commissions in connection with the Offering. <br /> <br /> Directors, officers and insiders may participate in the Offering. Any such participation will be considered to be a “related-party transaction”, within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101”). The Company intends to rely on the exemptions of the formal valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(a) and 5.7(1) of MI 61-101 in respect of such participation by related parties. <br /> <br /> The net proceeds from the Offering will primarily be used by the Company for continued exploration on its Cerro Caliche project in Sonora, Mexico, as well as for general working capital purposes. All securities issued in connection with the Offering will be subject to a hold period expiring four months and one day following the closing of the Offering. The Offering is subject to final acceptance by the TSX Venture Exchange.