San Lorenzo Gold plans financing of up to $40 million

Updated Oct 16, 2026 7:01am ET

Markets

The S&P/TSX Composite finished yesterday at 36,137.10, up 552.64 points. Housing data led the domestic news: CREA reported that September home sales fell 2.3% month-over-month and cut its 2026 sales forecast for a third straight quarter. Bank of Canada governor Tiff Macklem said prolonged high energy prices make it harder to avoid a rate increase. Fresh inflation and survey data arrive next week, ahead of the central bank's decision later this month. In overnight trading, oil was at US$95.84, down 0.66, and CAD/USD was at 0.70660.

Venture & CSE

The S&P/TSX Venture Composite finished yesterday at 846.38, up 16.05 points, and the CSE Composite finished at 143.07, up 1.23. Financings led the overnight company news. San Lorenzo Gold (TSXV: SLG) said it plans to raise up to $40 million through a best-efforts placement. Atico reported closing a US$16.4 million convertible debenture private placement and settling legacy liabilities. Metals were firmer in overnight trading, with gold at US$4,204.4, up 34.3, and silver at 57.955, up 0.799. Bitcoin futures were at 82,315 in the same overnight session, down 115.

Market data

Index levels are Thursday's close, the previous session. Commodities and currencies are overnight trading.

Oct 16, 2026 7:00am ET

TSX Venture most active

Oct 15, 2026 4:45pm ET

TSX Venture gainers

Oct 15, 2026 4:45pm ET

CSE most active

Oct 15, 2026 4:44pm ET

CSE gainers

Oct 15, 2026 4:44pm ET

Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice.