San Lorenzo Gold Announces Upsize To Proposed Private Placement

(TheNewswire)

CALGARY / TheNewswire / December 15 ,2025 / San Lorenzo Gold Corp. (" San Lorenzo " or the " Company ") (TSXV: SLG) ispleased to advise, further to its news release issued on December 11,2025 - and subject to the approval of the TSX Venture Exchange –that as a result of significant investor demand, the maximum size ofits non-brokered best-efforts private placement of Units of theCompany has been increased from $4,000,000 in gross proceeds to up to$5,000,000 (the “ Offering ”). The other terms of the Offering remain thesame. San Lorenzo has received expressions of interest significantlyexceeding the increased maximum Offering and consequently, San Lorenzowill not be able to accommodate further expressions of interest toparticipate in the Offering.  San Lorenzo has scheduled a closing forFriday, December 19, 2025.

About San Lorenzo

San Lorenzo is focused on advancing its flagship Salvadora propertylocated in Chile’s mega-porphyry belt.  Results obtained from priordrilling programs conducted on 4 different targets have convincedmanagement that several significant gold and copper enrichedepithermal and porphyry style systems are contained within theSalvadora property.

For further information, pleasecontact:

Terence (Terry) Walker, VP Exploration

Email: twalker@goldenrock.cl

Ph: + 56 9 5179 5902

Or:

Roger Blair or Jeff Wilson, Acuity Advisory Corp.

Email: info@acuityadvisorycorp.com

Ph: +1 604 351 0025 or +1 604 837 5440

Or:

Al Kroontje

Email: al@slgold.ca

Ph: +1 403 607 4009

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this news release.

Cautionary Note RegardingForward-Looking Information

This news release may containforward-looking information that involves substantial known andunknown risks and uncertainties, most of which are beyond the controlof San Lorenzo, including statements related to the approval of theTSX Venture Exchange to the Offering.  All statements included hereinother than statements of historical fact are forward-lookinginformation. Such forward-looking information involves various risksand uncertainties. There can be no assurance that such informationwill prove to be accurate, and actual results and future events coulddiffer materially from those anticipated in such information. Anyforward-looking statements are made as of the date of this releaseand, other than as required by applicable securities laws, San Lorenzodoes not assume any obligation to update or revise them to reflect newevents or circumstances.

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