Sonoran Desert Copper Corporation announced a private placement of up to 2,500,000 units at a price of CAD 0.20 per unit for the gross proceeds of up to CAD 500,000 on November 21, 2023. Each unit will consist of one common share of the company and one common share purchase warrant, with each warrant being exercisable for an additional common share at an exercise price of CAD 0.50 for 24 months. The warrants are subject to the right of the Company to accelerate the exercise period if, after the expiration of the 4-month hold, shares of the Company close at or above CAD 1 for 10 consecutive trading days.

Finders' fees in accordance with TSX Venture Exchange policies may apply to the financing and all securities issued will be subject to a statutory four-month hold period.