Sendero Resources Completes First Tranche of Private Placement

Sendero Resources Corp. (TSXV:SEND) has announced the completion of the first tranche of its non-brokered private placement. The company issued 815,000 units at $0.12 each, raising $97,800. Each unit comprises one common share and one warrant, allowing holders to purchase an additional share at $0.16 until December 2029.

No finder's fees were applied. The offering, approved conditionally by the TSXV, is exempt from prospectus requirements under applicable laws. Issued securities are subject to a hold period until April 2025. The proceeds will fund development in Argentina and support general expenses.

Units are not registered under U.S. securities laws and cannot be sold in the U.S. without registration or exemption. This release isn't an offer or solicitation in jurisdictions where it's unlawful.