San Lorenzo Gold Corp.
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San Lorenzo Gold to Present at the Toronto Metals Investor Forum Friday, February 27th, 2026
Thenewswire· 2026-02-27 14:45
Group 1 - San Lorenzo Gold Corp. will participate in the Metals Investor Forum on February 27th and 28th, 2026, in Toronto, Ontario [1][2] - Management will engage with shareholders, analysts, and potential investors to discuss the company's strategy, project portfolio, and ongoing drilling at the Salvadora Project in Chile [2] - CEO Al Kroontje will present on a panel at the forum, hosted by Eric Coffin of HRA Advisory [2] Group 2 - San Lorenzo is focused on advancing its flagship Salvadora property, located in Chile's mega-porphyry belt, which has shown potential for significant gold and copper deposits [3] - Previous drilling programs on four different targets have indicated the presence of substantial gold and copper enriched epithermal and porphyry style systems within the Salvadora property [3]
San Lorenzo Gold Announces Proposed Private Placement
Thenewswire· 2026-02-19 20:45
Core Viewpoint - San Lorenzo Gold Corp. plans to complete a non-brokered private placement of units for gross proceeds of up to $15,000,000 to support exploration and working capital efforts [1][4]. Group 1: Offering Details - The Offering will involve the issuance of units priced at $2.51, each consisting of one common share and one-half of a common share purchase warrant [2]. - Each full warrant will allow the holder to acquire an additional common share at a price of $3.50 for one year from the closing date [2]. - A cash commission or finder's fee of up to 6% of the gross proceeds may be paid to qualified non-related parties, along with broker warrants representing 6% of the common shares issued [3]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated to exploration efforts on the Salvadora property and for general working capital, including Offering expenses [4]. Group 3: Company Overview - San Lorenzo is focused on advancing its flagship Salvadora property located in Chile's mega-porphyry belt, with prior drilling indicating significant gold and copper systems [5].
San Lorenzo to Exhibit and Present at Metals Investor Forum, Vancouver, January 23rd and 24th, 2026
Thenewswire· 2026-01-22 14:00
Core Viewpoint - San Lorenzo Gold Corp. will participate in the Metals Investor Forum in Vancouver on January 23 and 24, 2026, where CEO Al Kroontje will present the company's strategic plans and project updates [1][2]. Company Overview - San Lorenzo is advancing its flagship Salvadora property located in Chile's mega-porphyry belt, with prior drilling results indicating the presence of significant gold and copper enriched systems [3]. Presentation Details - Al Kroontje will present on January 23, 2026, at 2:20 PM, as part of a panel selected by newsletter writer Eric Coffin [1]. - The company encourages investors to attend the presentation and engage with Mr. Kroontje to discuss growth strategies and project portfolios [2][3]. Conference Engagement - Mr. Kroontje will be available throughout the two-day conference for direct discussions with investors [2]. - For those unable to attend in person, the presentation will be available via live stream [3].
San Lorenzo Gold Announces Final Closing of Private Placement and Amended Advisory Engagement Agreement
Thenewswire· 2026-01-20 14:00
Core Viewpoint - San Lorenzo Gold Corp. has successfully completed the final closing of its private placement, raising a total of approximately $5.99 million for exploration and working capital purposes [1][2]. Group 1: Private Placement Details - The final closing involved the issuance of 5,567,193 units for gross proceeds of $3,451,659.66, bringing the total raised under the offering to $5,999,999.78 [1]. - Each unit consists of one common share and one half of a share purchase warrant, with full warrants allowing the purchase of additional common shares at $0.80 for two years [1]. - Cash commissions of $179,408.90 were paid, and 15,862 broker warrants were issued, each allowing the purchase of a common share at $0.80 for one year [1]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated to exploration efforts on the Salvadora property and for general working capital, including offering expenses [2]. Group 3: Advisory Agreement - San Lorenzo will enter into an amended advisory engagement agreement with Argonaut Corporate Finance Limited, granting 1,000,000 stock options at $0.80 per share for two years [3]. - These options replace previously planned advisory warrants as part of the compensation for Argonaut [3]. Group 4: Company Focus - San Lorenzo is advancing its flagship Salvadora property in Chile's mega-porphyry belt, currently conducting a phase 6 drilling program on two of five identified targets [4]. - Previous drilling phases have indicated the presence of significant gold and copper enriched systems within the Salvadora property [4].
San Lorenzo Gold Announces Entering Into an Advisory Engagement with Argonaut, a Proposed Private Placement and Provides a Salvadora Drilling Update
Thenewswire· 2025-12-11 14:00
Core Viewpoint - San Lorenzo Gold Corp. has engaged Argonaut Corporate Finance Limited as a strategic financial advisor and plans to conduct a non-brokered private placement to raise up to $4 million for exploration and working capital purposes [1][2][3][6]. Advisory Engagement with Argonaut - The advisory engagement with Argonaut is for an initial term of six months, extendable by mutual agreement, focusing on the Salvadora Gold/Copper project and other properties in Chile [3]. - Argonaut will receive a monthly compensation of $5,000 and 1,000,000 warrants at an exercise price of $0.80 for two years [4]. Private Placement - San Lorenzo intends to complete a private placement of units for gross proceeds of up to $4 million, with each unit priced at $0.62, consisting of one common share and one-half of a warrant [6]. - The Argonaut Group will participate as a cornerstone investor, contributing $2 million to the offering [6]. - The proceeds will be used for exploration on the Salvadora property and general working capital [8]. Conversion of Credit Facilities - Tailwind Capital Neo Fund Ltd. will convert advances from two credit facilities into common shares, with $1 million converted at $0.20 per share and $235,190 at $0.35 per share [12]. - This conversion will eliminate outstanding advances under both facilities upon closing of the offering [12]. Repayment of Term Loan - A term loan of $1 million to Lithium Chile Inc. will be satisfied by issuing units for 50% of the indebtedness at the offering price and repaying the remaining 50% in cash from the offering proceeds [13]. Drilling Update - San Lorenzo is currently drilling a fourth hole on its Cerro Blanco porphyry target, with results expected in January 2026 [14]. Company Overview - San Lorenzo is focused on advancing its flagship Salvadora property in Chile's mega-porphyry belt, with prior drilling indicating significant gold and copper resources [15].
San Lorenzo Provides Drilling Update from Cerro Blanco Target, Salvadora Project, Chile
Thenewswire· 2025-11-03 14:00
Core Insights - San Lorenzo Gold Corp. is advancing its drilling operations at the Cerro Blanco porphyry target located on its Salvadora property in Chile [1] - The first HQ diamond drill hole (SAL 04-25) reached a depth of 485 meters and intersected mineralization correlating with a previously identified IP chargeability anomaly [2][3] - The mineralization observed in the first hole is comparable to previous drilling results, which included 153.5 meters grading 1.04 g/t gold, 1.0 g/t silver, and 0.05% copper [3] Drilling Operations - The initial drill hole completed on October 29, 2025, tested a strong chargeability feature identified in a May 2025 IP geophysical survey [2] - The setup for drilling at a second location within the Cerro Blanco target has been completed, with assay results from the first hole expected to be reported soon [5] Exploration Strategy - The VP of Exploration, Terence Walker, expressed satisfaction with the effectiveness of IP geophysics in delineating drill targets at Cerro Blanco and the broader Salvadora property [4] - The company is looking forward to testing additional high chargeability IP anomalies identified across various target areas within the Salvadora property [4] Company Overview - San Lorenzo is focused on its flagship Salvadora property, which is situated in Chile's mega-porphyry belt, and has identified several significant gold and copper enriched systems through prior drilling programs [6]
Cerro Blanco Drilling Commencement and Credit Facility Closing
Thenewswire· 2025-10-17 15:35
Core Viewpoint - San Lorenzo Gold Corp. has commenced drilling at the Cerro Blanco porphyry target on its Salvadora property in Chile, with plans for three holes targeting geophysical anomalies identified in a recent survey [1][2]. Group 1: Drilling Operations - Drilling began on October 11, 2025, at the Cerro Blanco target, which is part of the flagship Salvadora property [1]. - The company plans to provide ongoing updates regarding drilling progress and assay results [1]. Group 2: Funding and Financial Arrangements - A second credit facility has been approved, providing up to $1,000,000 to fund the drilling program at Salvadora [2]. - The second credit facility will convert into a term loan maturing on July 31, 2027, with an interest rate of 8% per annum and a conversion option into common shares at $0.35 per share [4]. - The transaction is classified as a "related party transaction" due to the involvement of a company related to a director of San Lorenzo [6]. Group 3: Shareholder Impact - If the second credit facility is fully drawn and converted, it could result in the issuance of 7,857,143 common shares, representing 9.0% of the total issued and outstanding shares [6]. Group 4: Company Overview - San Lorenzo is focused on advancing its Salvadora property, which is located in Chile's mega-porphyry belt, and has identified significant gold and copper systems through prior drilling [7].