CALGARY / December 19 , 2025 - TheNewswire - San Lorenzo Gold Corp. ("San Lorenzo" or the "Corporation") (TSXV: SLG) is pleased to advise, further to its news releases issued on December 11, 2025 and December 15, 2025, that it received conditional approval for the non-brokered best-efforts private placement of Units of the Corporation from the TSX Venture Exchange on December 18, 2025 and that a first closing (“First Closing”) has been completed on December 19, 2025 (“Closing Date”). The First Closing involved the issuance of 4,110,226 Units for gross proceeds of $2,548,340.12. Each Unit was comprised of one common share of the Corporation (”Common Share”) and one half of a purchase warrant (“Warrant”). 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 brokers warrants in respect of the First Closing. Each broker warrant entitles the holder to acquire a Common Share at a price of $0.80 for a period of one (1) year from the Closing Date. The First Closing is subject to final acceptance of the TSX Venture Exchange.
