Scorpio Gold Announces Completion of $5.4 Million First Tranche of Financing and Upsize of Total Financing to Over $7 Million
Scorpio Gold Corporation (TSX-V: SGN, OTCQB: SRCRF, FSE: RY9) (“Scorpio” or the “Company”) is pleased to announce that it has closed a first tranche (the “First Tranche”) of its previously announced financing (the “Financing”) through the issuance of 67,082,355 common shares (the “Shares”) at a price of $0.08 per Share, for gross proceeds of $5,366,588, and that it intends to increase (the “Upsize”) the total size of the Financing from $6 million to up to $7.05 million.
Scorpio Gold Announces Plan to Close Over-Subscribed First Tranche of Private Placement for Over $5.4 million
Scorpio Gold Corporation intends to close an over-subscribed first tranche of its previously announced $3.5 million non-brokered private placement for gross proceeds of $5,436,588.
Scorpio Gold Announces $3.5 Million Private Placement
Scorpio Gold Corporation intends to complete a non-brokered private placement (the “Offering”) for total proceeds of $3,500,000, consisting of up to 43,750,000 common shares (“Shares”) of the Company at a price of $0.08 per Share.
Scorpio Gold Provides 2024 Summary to Shareholders
Including Q1 2025 Catalysts with Imminent Maiden Resource for the Manhattan District
Scorpio Announces Appointment of Jeff Lindstrom as VP 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.
Scorpio Appoints Leo Hathaway as Technical Advisor, Further Strengthens Team
Leo brings extensive industry expertise and a leading reputation that will be a great addition to Scorpio Gold’s top-tier technical and management team as the Company continues to build and enhance shareholder value at the flagship Manhattan and Mineral Ridge projects.
Scorpio Gold Drills 6.08 Grams Per Tonne Gold Over 9.4 Metres at the Consolidated Manhattan District
Hole 24MN-007 provides strong results confirming mineralization associated with the Reliance Fault (Table 1). Additional holes provide potential to extend high grade mineralization within the Manhattan District.
Scorpio Gold Participates in 121 Mining Investment New York and 2024 Kinvestor Day Virtual Conference
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.
Scorpio Gold More Than Doubles Land Position, Further Consolidates Manhattan District
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.
Scorpio Gold Announces Close of Oversubscribed $2.5 Million Private Placement
Scorpio Gold Corporation 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.
