Sonoro Withdraws Cerro Caliche Project Development Report
May 13 2020 - 7:45PM
Sonoro Metals Corp., (“Sonoro” or the “Company”) (TSXV: SMO)
(OTCQB: SMOFF) as a result of a review by the British Columbia
Securities Commission (the “BCSC”), the Company is issuing this
news release to address issues with its technical disclosure
regarding its Cerro Caliche project located in the municipality of
Cucurpe, Sonora, Mexico.
In a document entitled “Cerro Caliche Project
Development Report dated April 28, 2020” (the “Report”) posted on
the Cerro Caliche page of the Company’s website
(www.sonorometals.com), and discussed in the Company’s April 28,
2020 news release and Blog post, and a May 2, 2020 corporate email,
the Company made certain technical disclosures that do not comply
with National Instrument 43-101 Standards of Disclosure for Mineral
Projects. The Company is withdrawing and has removed the Cerro
Caliche Project Development Report from its website. Investors are
cautioned not to rely on the Report. The Company is amending
the Report to correct problematic technical disclosures, and
expects to publish a revised version in the next week.
On behalf of the Board of SONORO METALS
CORP.
Per: |
|
“Kenneth
MacLeod” |
|
|
KENNETH MACLEOD |
|
|
President & CEO |
|
|
|
For further information, please contact:Sonoro
Metals Corp. - Tel: (604) 632-1764Email:
info@sonorometals.com
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL, OR
THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF
SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH OFFER,
SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR
QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH
JURISDICTION.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this release.
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