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San Lorenzo Gold Announces Final Closing of Private Placement and Amended Advisory Engagement Agreement
(TheNewswire) CALGARY – TheNewswire - January 20, 2026 -  San Lorenzo ...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"San Lorenzo Gold Announces Final Closing of Private Placement and Amended Advisory Engagement Agreement\n(TheNewswire)\n\n\n\n\n\nCALGARY – TheNewswire - January 20, 2026 - San Lorenzo\nGold Corp. (\"San\nLorenzo\" or the \"Corporation\") (TSXV: SLG) is pleased to advise, further\nto its news releases dated December 11, 15, 19 and 29, 2025, that it\nhas completed the second and final closing (“Final Closing”) of its previously\nannounced private placement of units (“Units”) and issued 5,567,193 Units\nfor gross proceeds of $3,451,659.66, bringing the total raised under\nthe upsized private placement to $5,999,999.78 (the “Offering”).  Each Unit is\ncomprised of one common share of the Corporation (“Common Share”) and one half of a\nshare purchase warrant (“Warrant”).  Each full Warrant entitles the holder to\nacquire an additional Common Share at a price of $0.80 for a period of\ntwo (2) years from the date of issuance, subject to acceleration (for\nfurther details, please see the Corporation's news release dated\nDecember 11, 2025). In connection with the Final Closing, the\nCorporation paid cash commissions totaling $179,408.90 and issued\n15,862 brokers warrants (“Broker\nWarrants”). Each Broker Warrant entitles the holder to\nacquire a Common Share at a price of $0.80 for a period of one (1)\nyear from the date of issuance. \n\n\nThe upsized proceeds of the Offering will be used to continue\nexploration efforts on San Lorenzo’s flagship Salvadora property as\nwell as for general working capital purposes including the expenses of\nthe Offering.  The Common Shares, Warrants and Broker Warrants are\nsubject to a four-month and one-day hold period, and the Offering\nremains subject to the final acceptance of the TSX Venture Exchange\n(the “Exchange”).\n\n\nThe Corporation also announces that, further to its news release dated\nDecember 11, 2025, it will enter into an amended advisory engagement\nagreement (“Agreement”)\nwith Argonaut Corporate Finance Limited (“Argonaut”) pursuant to which San\nLorenzo has granted 1,000,000 stock options (“Options”) of the Corporation to\nArgonaut pursuant to the Corporation's stock option plan.  The\nOptions are exerci...