Northwire Canada EditionFriday, November 13, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

San Lorenzo Gold Announces First Closing Of Private Placement

By The Northwire Desk — AI Analysis Dec 19, 2025 · 18:25 SLG · 0.73 San Lorenzo Gold Corp.
SLG · Price

Executive Summary

  • San Lorenzo Gold Corp. received conditional TSX Venture Exchange approval for its non‑brokered best‑efforts private placement of Units and completed the First Closing on December 19, 2025.
  • The First Closing issued 4,110,226 Units for gross proceeds of $2,548,340.12. Each Unit consists of one common share and half a purchase warrant; full warrants allow acquisition at $0.80 per share for two years.
  • Cash commissions of $81,329.95 were paid and 131,177 broker‑warrants (exercisable at $0.80 for one year) were issued. Additional subscription agreements exceed the previously announced $5 million cap, with further closings anticipated.

Key Details

  • Units Issued: 4,110,226
  • Gross Proceeds: $2,548,340.12
  • Unit Composition: 1 common share + ½ purchase warrant (full warrant = right to buy one additional common share at $0.80 for 2 years)
  • Purchase Warrant Exercise Price: $0.80 per share
  • Broker Commissions Paid: $81,329.95
  • Broker Warrants Issued: 131,177 (exercise price $0.80, valid 1 year from closing)
  • Conditional TSX Venture Exchange Approval: Received December 18, 2025; subject to final acceptance.
  • Subscription Overrun: Agreements received exceed the $5 million maximum announced on Dec 15, 2025; additional closings expected.

Notable Quotes

(No CEO/President quotes included in the release.)

Read the original news release →

More from San Lorenzo Gold Corp.

Nov 12, 2026 · 07:15

San Lorenzo’s drill update focused on process rather than proof, providing no new assay data or tonnage figures for its projects.

Drill Results Nov 10, 2026 · 13:46

San Lorenzo closed a C$80m private placement at C$5.30 per share, resulting in a 12% dilution with no warrants or new geology.

Financings Oct 29, 2026 · 12:24

San Lorenzo broadens its investor base for an $80 million financing round for its Chile gold project.

Financings Oct 16, 2026 · 06:44

San Lorenzo raised $40 million at $5.30 per share warrant-free to fund its Salvadora project.

Financings Sep 17, 2026 · 07:01

San Lorenzo identified a new 2km gold corridor expanding the San Juan target footprint at its Salvadora project.

Drill Results Aug 04, 2026 · 09:01

San Lorenzo appointed Brandon Gaspar as CEO while expanding the Arco de Oro target with a 1.2 km IP chargeability anomaly.

Drill Results