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&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Sonora Resources Corp. (formerly Nature&amp;#146;s
Call Brands, Inc.) (the &amp;#147;Company&amp;#148; or &amp;#147;Sonora Resources&amp;#148;) was incorporated under the laws of the State of
Nevada on December 3, 2007 with a business plan to sell and distribute water treatment systems for residential and commercial use.
In September of 2010, the business of the Company was changed to the acquisition, exploration and development of mineral resources,
with emphasis on gold and silver. Efforts in the area of water treatment were then abandoned.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company is a mining exploration company
focused on the acquisition and exploration of prospective silver opportunities in Mexico. Our goal is to build our Company into
a successful mineral exploration and development company. During 2013, the Company intends to produce silver and gold at our Corazon
and Liz properties discussed below.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company has mining option agreements
in (i) the Los Amoles Property consisting of 1,630 hectares located in Sonora; (ii) the Jalisco Group of Properties, consisting
of mining claims totaling 5,240 hectares located in Jalisco; and (iii) the Ayones Group of Properties consisting of numerous mining
claims totaling 48 hectares in Jalisco. The Company has commenced an underground work program at the Los Amoles property and completed
a geologic report to define the potential vein structure and outcroppings and prepare for a planned drilling program later in 2013.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Also, the Company has five mining concessions
on 721 hectares surrounding the Ayones Group of Properties, called the Corazon Property. We have a letter of intent with the Liz
Property located in Ayutla, Jalisco State, Mexico. Sonora Resources is based in Guadalupe, Zacatecas, Mexico. We have concluded
phase one field work at the Corazon property and the Company intend to produce silver and gold at our Corazon and Liz properties
in 2013.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company currently in the development
stage as defined in ASC 915 &amp;#34;Accounting and Reporting for Development Stage Enterprises&amp;#34; and have minimal operations.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company has incurred a cumulative
net loss since inception on December 3, 2007 to November 30, 2012 of $2,197,000 and have no source of operating revenue. While
the Company&amp;#146;s management believes that it will be successful in our planned operating activities under the Company&amp;#146;s
business plan and capital raising activities, there can be no assurance that the Company will be successful in the mining development
and exploration business or the raising of sufficient capital such that the Company will generate adequate revenues to earn a profit
or sustain its operations.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The accompanying consolidated financial
statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which
contemplates the Company&amp;#146;s continuation as a going concern. The Company has not established a source of revenues sufficient
to cover its operating costs, and as such, have incurred an operating loss since inception. Further, as of November 30, 2012, the
Company has working capital of $347,000. These and other factors raise doubt about our ability to continue as a going concern.
The accompanying consolidated financial statements do not include any adjustments or classifications that may result from the possible
inability of the Company to continue as a going concern.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;On July 12, 2011, the Company established
a 100% owned subsidiary, Finder Plata S.A. de C.V. (&amp;#34;Finder Plata&amp;#34;) for the development of the Company&amp;#146;s exploration
business in Mexico.&lt;/p&gt;

&lt;p style="font: 8pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"&gt;&amp;#160;&lt;/p&gt;



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