Mr. Ken Churchill reports

SONORA AMENDS THIRD QUARTER INTERIM FINANCIAL STATEMENTS AND MD&A

Sonora Gold & Silver Corp. has amended its Oct. 31, 2022, interim financial statements and management's discussion and analysis to reflect the closing of the company's subscription receipt financing for aggregate gross proceeds of $7,200,500 and the impairment of its exploration and evaluation asset. For further details on the offering, please refer to the company's press release dated Dec. 6, 2022, and the refiled financial statements and MD&A, all available on the company's SEDAR page.