Sonoro Metals Corp. (TSXV: BGD.H) announced a non-brokered private placement of 1,200,000 units at CAD 0.25 per unit for gross proceeds of CAD 300,000 on December 23, 2011. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one additional share at a price of CAD 0.35 per share for a period of one year from the closing. The company will pay certain persons who will introduce subscribers to the offering, finders' fees of 7% of the gross proceeds of the offering payable in cash or in units. All shares and warrants issued under the offering will be subject to a four-month hold period. On January 27, 2012, Sonoro Metals Corp. closed the transaction. The company issued 1,325,000 units for gross proceeds of CAD 331,250 in the transaction. The warrants issued in the transaction expire on January 27, 2013. The securities are subject to a hold period expiring on May 28, 2012.