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CALGARY, Alberta, Oct. 16, 2026 (GLOBE NEWSWIRE) — San Lorenzo Gold Corp. (“San Lorenzo” or the “Company“) (TSXV: SLG; OTC: SNLGF) is pleased to announce that the Company has increased the size of its previously announced best-efforts private placement from up to 7,547,200 to up to 15,094,400 common shares of the Company (the “Offered Shares“) at a price of $5.30 per Offered Share (the “Issue Price“) for aggregate gross proceeds of up to $80,000,320 (the “Offering“). The Offering is led by SCP Resource Finance LP and National Bank Financial Inc. as lead agents (the “Lead Agents“), on behalf of a syndicate of agents (together with the Lead Agents, the “Agents“).
