CALGARY / December 192025 – The news line – San Lorenzo Gold Corp. (“San Lorenzo“or the”Company“) (TSXV: SLG,OTC:SNLGF) is pleased to announce, further to press releases issued on December 11, 2025 and December 15, 2025, that it has received conditional approval for the non-brokered private placement of units of the Company from the TSX Venture Exchange on December 18, 2025 and that an initial closing (“First closure“) was completed on December 19, 2025 (“Closing date“). The initial Closing included the issuance of 4,110,226 Units for gross proceeds of $2,548,340.12. Each Unit consisted of one common share of the Corporation (“).Common share“) and half of a proof of purchase (“Deposit”). Each full Warrant entitles the holder to acquire an additional Common Share at a price of $0.80 for a period of two (2) years from the Closing Date. The Corporation paid cash commissions totaling $81,329.95 and issued 131,177 broker warrants in connection with the Initial Closing. Each broker warrant entitles the holder to acquire one common share at a price of $0.80 for a period of one (1) year from the Closing Date. The initial closing is subject to final acceptance from the TSX Venture Exchange.
San Lorenzo has received subscription agreements in excess of the increased maximum of $5,000,000 announced on December 15, 2025 and expects to close these additional subscriptions in due course.
About San Lorenzo
San Lorenzo is focused on advancing its flagship project Salvadora, located in Chile’s mega-porphyry belt. Results obtained from previous drilling programs conducted on 4 different targets have convinced management that several important gold and copper enriched epithermal and porphyritic systems are located in the Salvadora domain.
For more information please contact:
Terence (Terry) Walker, VP Exploration
E-mail: twalker@goldenrock.cl
Tel: +56 9 5179 5902
Or:
Roger Blair or Jeff Wilson, Acuity Advisory Corp.
E-mail: info@acuityadvisorycorp.com
Phone: +1 604 351 0025 or +1 604 837 5440
Or:
Al Kroontje
E-mail: al@slgold.ca
Phone: +1 403 607 4009
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Note Regarding Forward-Looking Information
This press release may contain forward-looking information that involves significant known and unknown risks and uncertainties, most of which are beyond the control of San Lorenzo, including statements regarding the TSX Venture Exchange’s approval of the Offering. All statements contained herein, other than statements of historical fact, are forward-looking information. Such forward-looking information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Any forward-looking statements are made as of the date of this press release and, except as required by applicable securities laws, San Lorenzo undertakes no obligation to update or revise them to reflect new events or circumstances.
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