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 [...]
Scorpio Gold Corp. is pleased to announce updated significant intercepts for Phase II reverse circulation drilling program at its Goldwedge property located in Manhattan, Nevada. The planned program consisted of fifty-nine RC drill holes with a total of ten thousand eight hundred meters and three thousand nine hundred and thirty-five total meterage [...]
Scorpio Gold Corp. announces that it has received a bonus cash payment from Orla Mining of CAD $1,500,000 . As reported in the Company's press release dated March 5, 2014, Scorpio Gold completed the sale of certain mineral properties in Nevada , to an affiliate of Gold Standard Ventures Corp. . The Pinion Properties are located in Elko County, at [...]
Scorpio Gold announces that further to its press release dated May 30, 2022 it has closed the two convertible loan agreements dated May 24, 2022, as amended on August 4, 2022, with Ianco Holdings Ltd. and Matco Holdings pursuant to which the Company may borrow the aggregate principal amount of up to US$2,450,000 from the Lenders. To date, the [...]
Scorpio Gold Corp. announces that effective June 20, 2022, Alnesh Mohan of Quantum Advisory Partners, has been appointed as CFO of the Company. Alnesh Mohan is a finance executive with over 20 years of experience providing advisory services to a wide array of clients. He has been a partner at Quantum, a professional services firm focused on [...]
Scorpio Gold Corp. announces that effective May 31, 2022, Dan O'Brien and Doris Meyer have stepped down as Chief Financial Officer and Corporate Secretary, respectively. The Board thanks Mr. O'Brien and Ms. Meyer for their contributions to the Company over their tenure. The Board is conducting a search for a replacement Chief Financial Officer and [...]
Scorpio Gold Corp. announces that it has entered into two convertible loan agreements dated May 24, 2022 with Ianco Holdings Ltd. and Matco Holdings Ltd. pursuant to which the Company may borrow the aggregate principal amount of up to US$2,450,000 under two loans to be advanced by the Lenders , subject to the completion of certain conditions [...]
Scorpio Gold Corp. is pleased to announce the commencement of a phase II reverse circulation drilling program at its Goldwedge property located in Manhattan, Nevada. Boart Longyear was selected to conduct the RC drilling program which commenced on March 29, 2022. The planned program consists of 59 RC drill holes with a total of 10,800m and drilling [...]
Scorpio Gold Corp. announces that it has obtained bridge loans from Ian Dawson and Bruce Dawson in the aggregate principal amount of US$450,000, payable on demand, which accrue interest at a rate of 123/8% per annum, compounding monthly. The Company has delivered promissory notes to the Lenders as evidence of the Loans. The purpose of the Loans are [...]
Scorpio Gold Corp. elected to settle its final semi-annual interest payment on its US$7,015,000 secured subordinated convertible debentures by the issue of common shares at $0.0850 per share as announced on April 21, 2022. Having received the approval of the TSX Venture Exchange, the Company today issued a total of 5,194,976 common shares to settle [...]
Scorpio Gold Corp. has elected to settle its semi-annual interest payment due on its US$7,015,000 secured subordinated convertible debentures in common shares of the Company. The interest payment date is April 26, 2022, and the interest payment record date is April 19, 2022. Subject to the approval of the TSX Venture Exchange the Company will issue [...]
Scorpio Gold Corp. has delivered notice to the holders of convertible secured debentures of the Company pursuant to Section 2.4 of the convertible secured debenture indenture between the Company and Computershare Trust Company of Canada, as trustee dated April 26, 2019, as amended by the first supplemental indenture dated November 18, 2019 that the [...]
