San Lorenzo Gold Corp. (TSXV:SLG) – C$20m Non-Brokered Private Placements

The private placements comprised an initial C$15 million offering, subsequently upsized with an additional C$5 million offering, reflecting the strong demand received from Australian and offshore institutional investors.

Argonaut acted in its capacity as exclusive strategic financial advisor to San Lorenzo and assisted the Company in engaging with institutional investors across the placements. Proceeds will fund an expanded multi-drill rig program aimed at accelerating the drill-out of its discoveries across the flagship Salvadora project.

Congratulations to Director & CEO Al Kroontje and the San Lorenzo team on the successful placements. Argonaut’s Corporate Finance team was led by Eddie Rigg, Rob Telford and Harrison Shepherd.

For more information, visit the San Lorenzo Gold website here.