Northwire Canada EditionThursday, October 29, 2026
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Gold 4,027.90 −0.6% Silver 52.45 −2.3% Copper 6.60 −1.0% Oil 101.33 −1.4% Palladium 1,004.50 −0.9% SLG 5.79 −1.9% FT 0.087 −5.4% SGQ 0.330 +6.5% AUAU 0.430 +3.6% FVL 0.860 +1.2% AYA 34.24 −3.1% SNAG 0.210 −2.3% GLDC 0.300 −3.2% SCZ 10.10 −3.9% VCT 0.030 +0.0% SAGA 0.320 +4.9% ICM 0.055 +0.0% CD 0.230 −6.1% RRRL 0.150 +0.0% TIGR 0.590 −3.3% FEO 0.590 −1.7% Gold 4,027.90 −0.6% Silver 52.45 −2.3% Copper 6.60 −1.0% Oil 101.33 −1.4% Palladium 1,004.50 −0.9% SLG 5.79 −1.9% FT 0.087 −5.4% SGQ 0.330 +6.5% AUAU 0.430 +3.6% FVL 0.860 +1.2% AYA 34.24 −3.1% SNAG 0.210 −2.3% GLDC 0.300 −3.2% SCZ 10.10 −3.9% VCT 0.030 +0.0% SAGA 0.320 +4.9% ICM 0.055 +0.0% CD 0.230 −6.1% RRRL 0.150 +0.0% TIGR 0.590 −3.3% FEO 0.590 −1.7%
Financings Routine +

San Lorenzo Files Second Amended and Restated Offering Document

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

By The Northwire Desk — AI Analysis Oct 29, 2026 · 12:24 SLG · 5.9 San Lorenzo Gold Corp.
Executive Summary

San Lorenzo Gold Corp. filed a Second Amended and Restated Offering Document on October 29, 2026, expanding the geographic distribution rights for the "LIFE Shares" tranche of its previously announced private placement. The amendment allows LIFE Shares to be sold to purchasers in the United States via private placement exemptions and internationally, in addition to Canadian residents.

The filing follows the October 16, 2026 announcement that upsized the offering from $40 million to $80 million. Core financing terms remain unchanged, with the company targeting up to 15,094,400 common shares at $5.30 per share for up to $80 million in gross proceeds.

Material Impact

San Lorenzo Gold Corp. (SLG) has issued a standard regulatory update regarding its previously announced $80 million capital raise. The filing expands the jurisdictional scope for LIFE Shares, a move that removes distribution constraints and potentially accelerates capital deployment by allowing broader institutional and international participation.

The financial terms, share count, issue price, and use of proceeds remain identical to the announcement made on October 16. The market has already priced in the $80 million financing and the associated exploration runway. This filing serves as an expected procedural step to finalize the offering structure and does not introduce new valuation drivers or operational changes.

SLG · Price
Company Overview

San Lorenzo Gold Corp. (SLG) is a greenfield exploration company focused on the Salvadora Project in Chile's Atacama region. The property spans approximately 11,962 hectares and is located near Codelco's El Salvador mine and the Potrerillos smelter.

Key targets include Cerro Blanco, a porphyry-style system, as well as the Arco de Oro and San Juan epithermal vein trends, Caballo Muerto, and Tres Amigos. The company is in the active drilling phase, having completed Phase 6, which consisted of 13 holes, and is preparing for Phase 7. Multiple drill-confirmed gold and copper-gold centers exist, but no formal mineral resource or reserve estimates have been released.

The project benefits from year-round road access, high-voltage power lines, and a skilled local workforce.

Read the original news release →

More from San Lorenzo Gold Corp.

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 Jun 29, 2026 · 08:10

San Lorenzo’s shallow high grade epithermal hits extend the Arco de Oro strike while porphyry bulk targets remain the primary exploration focus.

Drill Results Jun 04, 2026 · 08:00

San Lorenzo Reports Final Assay Results from Hole SAL 10-25 with Drilling Ending in Porphyry Style Mineralization at the Arco de Oro Target

Drill Results May 08, 2026 · 08:30

San Lorenzo’s 3.9 km step‑out hits porphyry‑scale gold at Arco de Oro; Hole 10’s 102.3 m of 1.33 g/t Au signals a system far larger than previously imagined.

Drill Results