Key Highlights Scorpio Gold has engaged Daniel Kunz & Associates to oversee the technical aspects of its 2024 Manhattan District exploration program, including an upcoming drill program. Daniel Kunz brings extensive international mining experience, previously contributing to major projects and financial growth as CEO of Ivanhoe Mines and Prime Mining. Scorpio aims to develop a 43-101 compliant resource by the end of the [...]
Scorpio Gold Corp. is pleased to announce the appointment of Chris Richards, CA, CPA to the position of Chief Financial Officer. "I am pleased to welcome Chris Richards to the Company and to our senior leadership team as Chief Financial Officer. His deep understanding of finance and accounting will be invaluable as we continue to grow and develop our assets and Company. Mr. Richards' experience and track record of [...]
Scorpio Gold Corp. is pleased to provide a Q1 corporate update and outlook for its 2024 operations and planned exploration program at its Manhattan Property. The first quarter of 2024 was a transformative period in which the Company completed its amalgamation with Altus Gold Corp. and closed its C$6M private placement, which was increased from C$4M due to overwhelming demand. The Company is now recapitalized and in a [...]
Scorpio Gold Corp. is pleased to announce that Scorpio Gold's CEO Zayn Kalyan is scheduled to present at the 2024 Kinvestor Critical Minerals & Mining Virtual Conference on Tuesday, March 26th at 11:45 am PT . More details below. Kinvestor Critical Minerals & Mining 2024 is a virtual conference featuring a stellar lineup of presenting companies in the critical minerals and mining industries. This event will showcase [...]
Scorpio Gold Corp. is pleased to announce that, further to its press releases dated May 25, 2023, August 16, 2023, November 8, 2023 and February 14, 2024, it has completed the acquisition of all the issued and outstanding shares of Altus Gold Corp. by way of a three-cornered amalgamation in which the Company's wholly-owned subsidiary, 1455812 B.C. Ltd. amalgamated with Altus Gold to form the entity Scorpio Gold BC Holding [...]
Scorpio Gold Corp. is pleased to announce that due to further investor interest, it has increased the size of its non-brokered private placement described in the press releases dated January 12, 2024 and January 30, 2024 by an additional $1,000,000, for the issuance of an aggregate of up to 40,000,000 units of the Company at a price of $0.15 per unit for gross proceeds to the Company of up to $6,000,000. Each unit is [...]
Scorpio Gold Corp. is pleased to announce that due to investor interest, it has increased the size of its non-brokered private placement described in the press release dated January 12, 2024 by an additional $1,000,000, for the issuance of an aggregate of up to 33,333,333 units of the Company at a price of $0.15 per unit for gross proceeds to the Company of up to $5,000,000. Each unit is comprised of one common share of [...]
Scorpio Gold Corp. is pleased to announce that it has closed the second tranche of its non-brokered private placement described in the press release dated January 12, 2024 by the issuance of 6,384,966 units of the Company at a price of $0.15 per unit for gross proceeds to the Company of $957,745. Each unit was comprised of one common share of the Company and one common share purchase warrant, with each warrant exercisable [...]
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 [...]
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