Scorpio Gold Corp.

Scorpio Gold Corp. is pleased to announce the commencement of drilling at its 100% owned Goldwedge property located in Manhattan Nevada. The drilling program will focus on the Keystone-Jumbo claim block, for which the Company received drilling approval from the U.S. Forest Service in January 2019. The program calls for drilling of up to 29 exploration holes with the intention of building on historic drilling and [...]

Scorpio Gold Corp. announces its financial results for the first fiscal quarter ended March 31, 2019. This press release should be read in conjunction with the Company’s condensed interim consolidated financial statements for the three-months ended March 31, 2019 and Management’s Discussion & Analysis for the same period, available on the Company’s website at www.scorpiogold.com and under the [...]

Scorpio Gold Corp. announces its financial results for the fourth quarter and year ended December 31, 2018. This press release should be read in conjunction with the Company’s consolidated financial statements for the year ended December 31, 2018 and Management’s Discussion & Analysis for the same period, available on the Company’s website at www.scorpiogold.com and under the Company’s name on [...]

Scorpio Gold Corp. is pleased to announce the closing of its non-brokered private placement offering of secured subordinated convertible debentures for gross proceeds of up to US$7,000,000. The Company intends to use the net proceeds of the Private Placement for the repayment of a bridge loan in the principal amount of US$3,000,000 in connection with the completion of the buyout transaction, as announced in the [...]

Scorpio Gold Corp. is pleased to provide an update regarding the Company’s non-brokered private placement of secured convertible debentures for gross proceeds of up to US$6,000,000 , previously announced in the Company’s press release on January 28, 2019. The Exchange has granted an extension for filing final documentation in respect of the Private Placement. The Company anticipates that the Private Placement [...]

Scorpio Gold Corp. is pleased to announce that further to the Company’s press release dated January 28, 2019, the Company has completed the Waterton Buyout , as a result of which, among other things, the Company’s senior secured debt owing to an affiliate of Waterton Global Resources Management in the amount of US$6,103,562 has been extinguished, and the Company now holds a 100% interest in the Mineral Ridge [...]

Scorpio Gold Corp. reports the re-election of Peter J. Hawley, Brian Lock, Luc Pelchat and Peter Brieger and the election of Peter Tegart as directors of the Company at Scorpio Gold’s annual and special meeting of shareholders held on February 27, 2019 in Vancouver, British Columbia . At the Meeting, the Company’s shareholders also approved the renewal of the Company’s 10% rolling stock option plan, the [...]

Scorpio Gold Corp. is pleased to announce the approval of the Keystone Jumbo Exploration Project , Plan of Operations. The Company proposes to drill up to 29 exploration holes on public lands administered by the US Forest Service Humboldt-Toiyabe National Forest, Tonopah Ranger District . The exploration drilling plan was originally submitted to the Forest Service on December 14, 2016 and required several iterations prior [...]

Scorpio Gold Corp. is pleased to announce a non-brokered private placement offering of secured convertible debentures for gross proceeds of up to US$6,000,000. The Company intends to use the net proceeds from the Private Placement for the Buyout and for general working capital purposes. Each Debenture will have an issue price of US$1,000, a term of three years from the date of issuance and will bear interest at a rate of [...]

Scorpio Gold Corp. announces that the forebearance agreement on its $6 million debt originally expiring on December 19, 2018 was extended to January 31, 2019. The Company is currently evaluating various business alternatives including a potential sale transaction, business combination, refinancing its long-term debt, raising financing through an equity financing or through other types of financing. About Scorpio Gold [...]