Mr. Terence Walker reports

SAN LORENZO GOLD ANNOUNCES UPSIZE TO PROPOSED PRIVATE PLACEMENT

Further to San Lorenzo Gold Corp.'s news release issued on Dec. 11, 2025 -- and subject to the approval of the TSX Venture Exchange -- as a result of significant investor demand, the maximum size of its non-brokered best-efforts private placement of units of the company has been increased from $4-million in gross proceeds to up to $5-million. The other terms of the offering remain the same. San Lorenzo has received expressions of interest significantly exceeding the increased maximum offering and, consequently, San Lorenzo will not be able to accommodate further expressions of interest to participate in the offering. San Lorenzo has scheduled a closing for Friday, Dec. 19, 2025.

About San Lorenzo Gold Corp.

San Lorenzo is focused on advancing its flagship Salvadora property located in Chile's mega-porphyry belt. Results obtained from prior drilling programs conducted on four different targets have convinced management that several significant gold and copper enriched epithermal and porphyry style systems are contained within the Salvadora property.

We seek Safe Harbor.