San Lorenzo GOLD Announces Proposed Private Placement

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SAN LORENZO GOLD ANNOUNCES PROPOSED PRIVATE PLACEMENT

CALGARY / February 19, 2026 / San Lorenzo Gold Corp. ("San Lorenzo" or the "Corporation") (TSXV: SLG)

is pleased to advise that it intends to complete a non-brokered private placement of units for gross

proceeds of up to $15,000,000 (the “Offering”).

The Offering, to be completed on a best-efforts basis, will involve the issuance of units (“ Units”). Each

Unit will be priced at $2.51 and will consist of one common share of the Corporation (“ Common Share”)

and one-half of a Common Share purchase warrant (“Warrant”). Each full Warrant will entitle the holder

to acquire an additional Common Share at a price of $3.50 for a period of one year from the date of

closing.

San Lorenzo may pay a cash commission or finder's fee to qualified non-related parties of up to 6% of the

gross proceeds of the Offering payable together with warrants representing 6% of the Common Shares

issued in connection with the Offering (“ Broker Warrants”). Each Broker Warrant will entitle the holder

to purchase one additional Common Share of the Company at a price of $2.51 for a period of 12 months

following closing of the Offering.

The proceeds of the Offering will be used to continue exploration efforts on San Lorenzo’s flagship

Salvadora property as well as for general working capital purposes including the expenses of the Offering.

The Common Shares, Warrants and Broker Warrants issued pursuant to the Offering will be subject to a

four month and one day hold period. The Offering remains subject to the approval of the TSX Venture

Exchange.

About San Lorenzo

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 4 different targets have convinced

management that several significant gold and copper enriched epithermal and porphyry style systems are

contained within the Salvadora property.

For further information, please contact:

Al Kroontje

Email: [email protected]

Ph: +1 403 607 4009

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news

release.

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Cautionary Note Regarding Forward-Looking Information

This news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties,

most of which are beyond the control of San Lorenzo. Such statements include the use of proceeds, obtaining TSX Venture

Exchange approval and also involve closing of the proposed Offering. All statements included herein other than statements of

historical fact are forward-looking information. Such forward-looking information involves various risks and uncertainties. There

can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially

from those anticipated in such information. Any forward-looking statements are made as of the date of this release and, other

than as required by applicable securities laws, San Lorenzo does not assume any obligation to update or revise them to reflect

new events or circumstances.