Palisades Goldcorp Acquires $5.5M Stake in Sonoro Gold

Deal Summary

Palisades Goldcorp Ltd. increased its ownership in Sonoro Gold Corp. by purchasing 22 million units for $5.5 million, representing roughly a 5% stake. The acquisition was made through a private placement from Sonoro’s treasury and lifts Palisades’ holding to about 8.7% of Sonoro’s shares. The transaction was announced on June 11, 2026.