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San Lorenzo Gold Announces Entering Into an Advisory Engagement with Argonaut, a Proposed Private Placement and Provides a Salvadora Drilling Update
(TheNewswire) CALGARY – TheNewswire - December 11, 2025 - San Lore...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"San Lorenzo Gold Announces Entering Into an Advisory Engagement with Argonaut, a Proposed Private Placement and Provides a Salvadora Drilling Update\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n CALGARY –\n \n\n TheNewswire -\n \n\n December 11, 2025 -\n \n San Lorenzo\nGold Corp. (\"\n \n San\nLorenzo\n \n \" or the \"\n \n Company\n \n \") (TSXV: SLG) is pleased to advise that, subject\nto the approval of the TSX Venture Exchange (the \"\n \n Exchange\n \n \"), it has entered into\nan advisory engagement agreement with Argonaut Corporate Finance\nLimited which is part of Argonaut Limited (“\n \n Argonaut\n \n ”) one of Australia’s\nleading natural resources focused investment banking, funds management\nand stockbroking firms.\n \n\n San Lorenzo is also pleased to announce that it intends to complete a\nnon-brokered best-efforts private placement and that Argonaut and\nArgonaut Funds Management (“\n \n Argonaut Group\n \n ”) will participate as the cornerstone\ninvestors.\n \n\n\n Advisory Engagement with\nArgonaut\n \n\n\n The advisory engagement with Argonaut is for an initial term of six\n(6) months, is extendable by mutual agreement and provides that\nArgonaut will serve as San Lorenzo’s strategic financial advisor and\nprovide guidance on exploration efforts and their interpretation on\nthe Salvadora Gold/Copper project, together with San Lorenzo’s other\nproperties Punta Alta and Nancagua, located in Chile.  The engagement\nis the result of due diligence conducted by Argonaut, together with\nmanagement of San Lorenzo.  Due diligence pertained to San\nLorenzo’s flagship Salvadora property in the mega-porphyry belt of\nnorthern Chile.\n \n\n Argonaut will receive compensation payable at a rate of $5,000/month\nfor the initial term and will be granted 1,000,000 warrants (“\n \n Advisory Warrants\n \n ”) with each\nAdvisory Warrant entitling Argonaut to acquire a common share of San\nLorenzo (“\n \n Common Share\n \n ”)\nat a price of $0.80 for a period of two (2) years.\n \n\n Argonaut has raised ~A$3.1bn in natural resources in the last twelve\nmonths. Its advisory and equity capital markets business is\nunderpinned by extensive institutional relationships, well-respected\nresearch coverage and strong financ...