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San Lorenzo raises C$80M to expand exploration at Salvadora gold project in Chile

Company Fundamentals
10 Nov 2026, 20:46 WIB
GlobeNewsWire
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Bullish
San Lorenzo raises C$80M to expand exploration at Salvadora gold project in Chile

San Lorenzo Gold Corp. successfully closed a private placement raising C$80 million from top institutional investors to fund expanded exploration and operational growth at its Salvadora gold project in Chile. The financing, led by SCP Resource Finance and National Bank Financial, will support drilling, technical studies, and infrastructure development. CEO Brandon Gaspar emphasized the milestone as a key step to systematically scale exploration and create long-term shareholder value. The offering remains subject to final TSX Venture Exchange approval.

San Lorenzo Gold Corp. closed a C$80 million financing round. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Nov 11, 2026 01:11 WIB: out of 83 priced US stocks, 17 rose and 66 fell. Notable movers include HYMC at USD 18.47 with a -13.16% change and 100% buy order activity, USAR at USD 7.69 with a -12.21% change and 78% sell order activity, and NG at USD 6.18 with a -10.17% change and 100% buy order activity.

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