Scorpio Gold Corp. is pleased to announce that, further to its press release dated November 8, 2023, it has entered into an amalgamation agreement dated January 17, 2024 with Altus Gold Corp. and the Company's wholly-owned subsidiary, 1455812 B.C. Ltd. , pursuant to which the Company proposes to acquire all the issued and outstanding shares of Altus Gold by way of a three-cornered amalgamation . The Amalgamation Agreement [...]
Scorpio Gold Corp. announces that it is extending the closing of the second tranche of the Company's non-brokered private placement described in the press release dated December 1, 2023 to a date on or around January 18, 2024, with a final tranche closing for the Private Placement to be on or about January 23, 2024. As previously described, the Company intends to raise gross proceeds to the Company of up to $4,000,000 in [...]
Scorpio Gold Corp. is pleased to announce that it has closed the first tranche of its non-brokered private placement described in the press release dated December 1, 2023 by raising gross proceeds to the Company of $480,000 by the issuance of 3,200,000 units of the Company at a price of $0.15 per unit. Each unit was comprised of one common share of the Company and one common share purchase warrant, with each warrant [...]
Scorpio Gold Corp. announces that it has restructured the terms of its planned financings, which were described in the Company's press releases dated November 8 and 10, 2023, into one non-brokered private placement to raise gross proceeds to the Company of up to $4,000,000 by the issuance of up to 26,666,666 units of the Company at a price of $0.15 per unit. Each unit will be comprised of one common share of the Company [...]
Scorpio Gold Corp. announces that, further to the Company's press release on November 8, 2023, the consolidation of the outstanding common shares of the Company on the basis of one post-Consolidation Common Share for every nine pre-Consolidation Common Shares is anticipated to be made effective for trading purposes on Friday, November 24, 2023 . It is anticipated that the Common Shares will begin trading on the TSX [...]
Scorpio Gold Corp. announces that the initial financing announced in its press release dated November 8, 2023 will consist of the issuance of up to 10,000,000 units at a price of $0.02 per Unit, to raise gross proceeds of up to $200,000. Each Unit will be comprised of one common share of the Company and one common share purchase warrant of the Company, with each warrant exercisable to acquire one common share of the [...]
Scorpio Gold Corp. is pleased to announce that, further to its press releases dated May 25, 2023 and August 16, 2023, it has entered into an amended and restated letter of intent dated November 8, 2023 with Altus Gold Corp. to restructure the terms of a proposed arm's length acquisition by the Company of all the issued and outstanding shares of Altus Gold, a private mining issuer with a mineral exploration program in [...]
VANCOUVER, BC, Sept. 27, 2023 /CNW/ - Trading resumes in: Company: Scorpio Gold Corp. TSX-Venture Symbol: SGN All Issues: Yes Resumption : 9:30 AM 9/28/2023 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers [...]
Scorpio Gold Corp. is pleased to provide an update, further to its news release dated May 25, 2023 , respecting its proposed acquisition of all of the issued and outstanding shares of Altus Gold Corp. , a private mineral exploration company with two mineral exploration projects in Esmeralda County, Nevada referred to as the Northstar property and the historic Vanderbilt exploration project, both adjacent to Scorpio Gold's [...]
Scorpio Gold Corp. is pleased to announce that it has entered into a binding letter of intent dated May 18, 2023 setting out the terms of a proposed arm's length acquisition by the Company of all of the issued and outstanding shares of Altus Gold Corp. , a private mining issuer with two mineral exploration projects in Esmeralda County, Nevada referred to as the Northstar property and the historic Vanderbilt exploration [...]
Scorpio Gold Corp. announces the addition of Peter Hawley to the Board of Directors. Peter Hawley, the founder of Scorpio Gold Corp. and previous Chairman of the Board, has rejoined the Board of Directors for Scorpio Gold. Peter is Co founder and current CEO of Fabled Copper Corp., now Fabled Silver Gold Corp., founder of Scorpio Mining Corporation . Founder of Scorpio Gold Corp, a Nevada open pit gold producer. Co [...]
Scorpio Gold Corp. Scorpio Gold reports that the directors granted a total of 6,655,000 incentive stock options of the capital stock of the Company to directors, officers, employees and consultants. The options are exercisable at $0.045 per common share until November 10, 2027 and vest immediately, pursuant to Scorpio Gold's shareholder approved stock option plan. Scorpio Gold Corp. Chris Zerga President and Chief [...]
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