Scorpio Gold Corp.

Scorpio Gold Corp. announces that all resolutions put forward at the annual general and special meeting of the Company’s shareholders of the Company held in White Rock, British Columbia on October 2, 2020. Brian Lock, CEO, comments “Scorpio Gold’s founder and Chairman, Peter Hawley, chose not to stand for re-election to the Board of Directors. On behalf of Scorpio Gold and the Board, I wish to thank Peter and express our [...]

Scorpio Gold Corp. is pleased to announce it has closed the first tranche of a C$6 million offering as announced on August 31, 2020 and September 2, 2020. Of the C$6 million financing, C$4.6 million has been placed with Augusta Investments Inc. , a Canada-US based mining sector-focused management group led by its founder and Chairman, Richard Warke. An additional C$1 million has been placed with Palisades Goldcorp Ltd., a [...]

Scorpio Gold Corp. is pleased to announce it has increased the private placement announced August 31, 2020, by $1 million with a committed lead order from Palisades Goldcorp Ltd. . As announced August 31, 2020 Scorpio Gold will now raise C$6 million by the sale of 37,500,000 units at C$0.16 per Unit . Each Unit will consist of one common share of the Company and one Share purchase warrant . Each Warrant will entitle the [...]

Scorpio Gold Corp. is pleased to announce a part and parcel transaction whereby Scorpio Gold will raise C$5 million in equity and has granted an option to Titan Mining Corporation to earn an 80% interest in the Mineral Ridge Property, located in Nevada, by spending US$35 million on exploration over five years. If Titan spends US$7 million of exploration expenditures on Mineral Ridge, it will also receive the right to [...]

Scorpio Gold Corp. is pleased to announce initial gold and silver assay results from underground drilling at its 100% owned Goldwedge property located in Manhattan, Nevada. The 2020 drilling program is focused on resource definition in areas where the Company's 2014 surface drilling intersected higher-grade mineralization proximal to existing underground workings . The drilling program utilized the Company's Atlas Copco [...]

Scorpio Gold Corp. as subject to regulatory approval, retained each of Connect2Investors Corp. , Simone Capital Corp. and Tufford Client Relations Group to implement a marketing campaign to increase awareness of and interest in Scorpio Gold using the specific roles and experience that each of the parties provide. Marketing Campaign: Connect 2, out of Vancouver, B.C., role will be to utilize its proprietary data base to [...]

Scorpio Gold Corp. is pleased to announce the signing of a letter of intent with Round Mountain Gold Corporation and KG Mining Inc. , collectively the "Sellers", to acquire 100% interest in the Manhattan Project Properties in Nye County, Nevada . The Property is comprised of 22 patented claims and 219 unpatented claims situated adjacent and proximal to the Company's Goldwedge property. Negotiations are ongoing regarding [...]

Scorpio Gold Corp. is pleased to announce the engagement of Artemis Capital Advisors LLC as the Company's financial advisor in connection with securing term financing in support of development of the Company's Mineral Ridge gold project, located near Silver Peak, Nevada. The Company is advancing the brownfield development of Mineral Ridge and intends to reprocess existing heap leach material followed by extraction of [...]

Scorpio Gold Corp. is pleased to announce the appointment of Bruce Dawson to the board of directors of the Company, subject to approval of the TSX Venture Exchange. Murray Bockhold has resigned from the board of directors to concentrate on his role as the custodian of Gryphon Gold. Bruce Dawson, AScT, is Chair of Dawkam Holdings Ltd., a consortium of construction and real estate assets. Mr. Dawson started working for the [...]

Scorpio Gold Corp. the Company elected to settle its semi-annual interest payment on its US$7,175,000 secured subordinated convertible debentures by the issue of common shares at $0.08 per share as announced on April 20, 2020. Having now received the approval of the TSX Venture Exchange the Company has issued a total of 6,368,600 common shares to settle its semi-annual interest payment of US$361,699. Murray Bockhold, CEO [...]