Scorpio Gold Corp. is pleased to announce that it has closed a first tranche of its previously announced financing through the issuance of 67,082,355 common shares at a price of $0.08 per Share, for gross proceeds of $5,366,588, and that it intends to increase the total size of the Financing from $6 million to up to $7.05 million. In connection with the First Tranche, the Company paid finder's fees of $18,248 and issued [...]
Scorpio Gold Corp. is pleased to announce that it intends to close an over-subscribed first tranche of its previously announced $3.5 million non-brokered private placement , through the issuance of 67,957,355 common shares of the Company at a price of $0.08 per Share, for gross proceeds of $5,436,588. The Company plans to close a second and final tranche of the Private Placement for total proceeds of up to $6,000,000 on [...]
Scorpio Gold Corp. is pleased to announce that it intends to complete a non-brokered private placement for total proceeds of $3,500,000, consisting of up to 43,750,000 common shares of the Company at a price of $0.08 per Share. The Company may compensate certain eligible finders, in accordance with the policies of the TSXV, with a cash commission of up to 7% of the aggregate gross proceeds raised from the Offering, as [...]
Scorpio Gold is pleased to provide a summary of the highlights of its accomplishments in 2024 and reiterate the exciting catalysts for 2025. Scorpio Gold had a transformational year in 2024: Closed a $6M Private Placement and amalgamation with Altus Gold after upsizing our initial public offering of $4M due to unprecedented demand from institutions and high net worth investors. Closed a further $2.5M Private Placement [...]
Highlights Hole 24MN-009 returned: 1.69 grams per metric tonne gold over 55.7 metres . Wide high-grade intercept demonstrates open-pit potential of the Goldwedge Underground, further confirming larger open-pit potential for Manhattan District The Goldwedge Underground Stope Trend is open at depth and along strike. Scorpio Gold Corp. is pleased to announce further results from its 2024 drilling campaign at the Manhattan [...]
Scorpio Gold Corp. is pleased to announce that it will be participating in the upcoming 121 Mining Investment Dubai conference taking place on November 19-20, 2024 and will also be embarking on a European roadshow starting in Zurich, Switzerland on November 12, 2024 and Paris, France on November 14, 2024. Scorpio looks forward to working with Amvest Capital in Zurich and Atlantic One Financial in Paris for their expertise [...]
Scorpio Gold Corp. is pleased to announce that it has appointed Jeffery Lindstrom as the Company's VP of Operations. Mr. Lindstrom will be responsible for day-to-day management of Scorpio's two mines in the Walker Lane trend of Nevada, Manhattan and Mineral Ridge. Mr. Lindstrom is an associate with Daniel Kunz and Associates and has worked with Scorpio over the past months as the Company works with DKA towards a compliant [...]
Scorpio Gold Corp. is pleased to announce the appointment of Leo Hathaway to its advisory panel. Leo Hathaway, P. Geo., is a Professional Geologist with 30 years of experience in the mineral exploration industry and is currently Executive Chairman of Golden Shield Resources Inc. and Senior Vice President of Lumina Gold Corp. Mr. Hathaway played a pivotal role in the acquisition, advancement and sale of the ten original [...]
Highlights Hole 24MN-007 returned: 6.08 grams per metric tonne Au over 9.4 metres , including 15.62 g/t Au over 3.4 m 63.70 g/t Au over 1.0 m Hole 24MN-006 returned: 5.50 g/t over 1.5 m 5.33 g/t over 2.2 m Holes 24MN-004, 005, 006, and 007 delineate and extend historically drilled mineralization . Drilling demonstrates potential to connect high-grade gold mineralization from the Goldwedge Underground through the Echo Bay [...]
Scorpio Gold Corp. is pleased to announce that CEO and Director, Zayn Kalyan will be participating in 121 Mining Investment New York conference happening on October 21-22, 2024, and is scheduled to present at the 2024 Kinvestor Day Virtual Conference on Thursday, October 24th at 11:45 am PST / 2:45 pm EST. CEO, Zayn Kalyan will be participating in the 121 NYC as a guest speaker on the Exploration Panel that is taking [...]
Increases land position driven by review of historic exploration data Scorpio Gold Corp. is pleased to announce that it has significantly expanded its land position at its Manhattan project . The land package has increased from an existing position of 1,876 hectares of unpatented claims, and 187 hectares of patented claims, with the staking of over 2,716 hectares of new unpatented claims , bringing Scorpio Gold's new [...]
Scorpio Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement through the issuance of 20,858,666 common shares of the Company at a price of $0.12 per Share, for gross proceeds of $2,503,040. The Company paid aggregate cash finder's fees of $9,390 and issued 64,750 non-transferable finder's warrants to arm's length finders of the Company in connection with the [...]
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