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Scorpio Gold closes $10.8M public offering, issues 43.2M shares

Thu, 23 Jul 2026 09:31:10 -0400

Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) has closed a "best efforts" public offering, raising $10,800,000 in gross proceeds through the issuance of 43,200,000 common shares at $0.25 per share, according to a company statement.

The offering included 3,200,000 shares issued through a partial exercise of the agents' over-allotment option. Velocity Capital Partners served as sole bookrunner, with Raymond James Ltd. acting as co-lead agent. The agents received a combined cash commission of $613,500 and 2,454,000 non-transferable broker warrants, each exercisable at $0.25 per share for 24 months from issuance.

The company said net proceeds will be directed toward exploration

Scorpio Gold Announces Closing of Public Offering for Gross Proceeds of $10,800,000

Thu, 23 Jul 2026 09:29:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - July 23, 2026) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) (the "Company" or "Scorpio Gold") is pleased to announce the closing of its previously announced upsized "best efforts" public offering (the "Offering") of common shares of the Company (the "Offered Shares") at a price of $0.25 per Offered Share for aggregate gross proceeds of $10,800,000. Velocity Capital Partners, as sole bookrunner, and Raymond James Ltd. (collectively, the "Agents") acted as co-lead agents in connection with the Offering.

Pursuant to the Offering, the Company issued a total of 43,200,000 Offered Shares, including 3,200,000 Offered

Scorpio Gold Announces Closing of Public Offering for Gross Proceeds of $10,800,000

Thu, 23 Jul 2026 09:29:00 -0400

Pursuant to the Offering, the Company issued a total of 43,200,000 Offered Shares, including 3,200,000 Offered

Scorpio Gold ups public offering to $10M amid investor demand

Thu, 16 Jul 2026 09:23:09 -0400

Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) has increased the size of its previously announced public offering to $10 million, citing strong investor demand, according to a press release.

The company amended its agreement with Velocity Trade Capital Ltd., the sole bookrunner, and Raymond James Ltd., acting as co-lead agent, to offer up to 40,000,000 common shares at $0.25 per share on a "best efforts" basis.

Scorpio Gold will also grant the agents an option to purchase up to an additional 6,000,000 shares on the same terms, exercisable within 30 days of closing, for market stabilization and to cover any over-allotments.

The company

Scorpio Gold Corporation Announces Upsizing of Previously Announced Public Offering to $10 Million

Thu, 16 Jul 2026 09:22:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - July 16, 2026) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold" or the "Company") is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with Velocity Trade Capital Ltd. ("Velocity") to increase the size of its previously announced "best efforts" public offering (the "Offering"). The Offering is being conducted by Velocity, as sole bookrunner, and Raymond James Ltd., as co-lead agents together with Velocity (together, the "Agents").

Pursuant to the upsized deal terms, the Agents have agreed to offer, on a "best efforts" basis,

Scorpio Gold Corporation Announces Upsizing of Previously Announced Public Offering to $10 Million

Thu, 16 Jul 2026 09:22:00 -0400

Pursuant to the upsized deal terms, the Agents have agreed to offer, on a "best efforts" basis,

Scorpio Gold plans public offering of up to $8M in common shares

Wed, 15 Jul 2026 16:19:11 -0400

Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) has announced a marketed public offering of up to 32,000,000 common shares at $0.25 per share, targeting gross proceeds of up to $8 million.

Velocity Trade Capital Ltd. will act as lead agent and sole bookrunner for the offering, on a "best efforts" basis. The company has also granted agents an option to purchase up to an additional 4,800,000 shares within 30 days of closing, for market stabilization and over-allotment purposes.

According to a press release, net proceeds will be directed toward exploration activities at the company's Manhattan Property in Nevada and for general corporate

Scorpio Gold Corporation Announces Marketed Public Offering for Gross Proceeds of Up To $8 Million

Wed, 15 Jul 2026 16:18:00 -0400

BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2026) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold" or the "Company") is pleased to announce that it has entered into an agreement with Velocity Trade Capital Ltd. ("Velocity") acting as lead agent and sole bookrunner, on behalf of a syndicate of agents (collectively, the "Agents"), pursuant to which the Agents have agreed to offer, on a "best efforts" basis, up to 32,000,000 common shares (the "Offered Shares") from the

Scorpio Gold Corporation Announces Marketed Public Offering for Gross Proceeds of Up To $8 Million

Wed, 15 Jul 2026 16:18:00 -0400

BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+

Scorpio Gold Drills 2.05 g/t Gold over 97.99 Metres from 64.16 Metres at the Goldwedge Target at Manhattan

Tue, 14 Jul 2026 05:00:00 -0400

Highlights

Hole 26MN-090 returned, along the Zanzibar Trend:
- 0.91 g/t gold over 20.63 metres ("m") from 74.38 m and 16.47 g/t gold over 2.35 m from 143.41 m within the Gold Hill Formation.
Hole 26MN-099 returned, along the Zanzibar Trend:
- 0.88 g/t gold over 18.59 m from 98.76 m at the Zanzibar-Gold Hill Formation stratigraphic contact, including 1.28 g/t gold over 9.45 m from 101.19 m.
- 2.10 g/t gold over 16.15 m from 126.95 m within Gold Hill Formation fault breccia, including 2.91 g/t gold over 10.27 m from 128.32 m.
Hole 26MN-101 returned, at Goldwedge:
- 1.60 g/t gold over 33.53 m from 6.70 m within the

Scorpio Gold Drills 2.05 g/t Gold over 97.99 Metres from 64.16 Metres at the Goldwedge Target at Manhattan

Tue, 14 Jul 2026 05:00:00 -0400

Highlights

Hole 26MN-090 returned, along the Zanzibar Trend:
- 0.91 g/t gold over 20.63 metres ("m") from 74.38 m and 16.47 g/t gold over 2.35 m from 143.41 m within the Gold Hill Formation.
Hole 26MN-099 returned, along the Zanzibar Trend:
- 0.88 g/t gold over 18.59 m from 98.76 m at the Zanzibar-Gold Hill Formation stratigraphic contact, including 1.28 g/t gold over 9.45 m from 101.19 m.
- 2.10 g/t gold over 16.15 m from 126.95 m within Gold Hill Formation fault breccia, including 2.91 g/t gold over 10.27 m from 128.32 m.
Hole 26MN-101 returned, at Goldwedge:
- 1.60 g/t gold over 33.53 m from 6.70 m within the

Scorpio Gold Drills 2.56 g/t Gold over 13.38 Metres from 293.28 Metres Within Manhattan Caldera, at Black Mammoth

Wed, 24 Jun 2026 05:00:00 -0400

Highlights

Hole 26MN-096 returned, at Black Mammoth:
- 2.56 g/t gold over 13.38 metres ("m") from 293.28 m, including 8.38 g/t gold over 3.84 m from 298.95 m within Manhattan Caldera volcanics.
Significant mineralization, found in multiple holes, including 26MN-096, is hosted within volcanics of the Manhattan Caldera - like the setting at the Round Mountain Gold Mine, where broad zones of gold mineralization occur within volcanic units¹:
- 0.75 g/t gold over 24.69 m from 230.12 m (26MN-053)
- 0.62 g/t gold over 62.21 m from 230.43 m (26MN-069)
- 0.58 g/t gold over 18.04 m from 311.05 m (26MN-078)
- Scorpio Gold Drills 2.56 g/t Gold over 13.38 Metres from 293.28 Metres Within Manhattan Caldera, at Black Mammoth
  
  Wed, 24 Jun 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-096 returned, at Black Mammoth:
  2.56 g/t gold over 13.38 metres ("m") from 293.28 m, including 8.38 g/t gold over 3.84 m from 298.95 m within Manhattan Caldera volcanics.
  Significant mineralization, found in multiple holes, including 26MN-096, is hosted within volcanics of the Manhattan Caldera - like the setting at the Round Mountain Gold Mine, where broad zones of gold mineralization occur within volcanic units¹:
  0.75 g/t gold over 24.69 m from 230.12 m (26MN-053)
  0.62 g/t gold over 62.21 m from 230.43 m (26MN-069)
  0.58 g/t gold over 18.04 m from 311.05 m (26MN-078)
  
  Scorpio Gold Drills 6.95 g/t Gold over 11.98 Metres from 242.99 Metres Within Caldera Volcanics
  
  Tue, 09 Jun 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-091 returned 6.95 g/t gold over 11.98 metres ("m") from 242.99 m, including visible gold noted in 65.99 g/t gold over 1.16 m from 250.76 m within volcanics at Goldwedge, along Caldera Margin.
  The characteristics of 26MN-091 provide us with a "proof of concept" confirmation that Round Mountain style mineralization exists within the Manhattan Caldera.
  Opens approximately 5 sq. km of previously discounted caldera volcanics for high-priority exploration.
  Vancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce results from three step-out
  
  Scorpio Gold Drills 6.95 g/t Gold over 11.98 Metres from 242.99 Metres Within Caldera Volcanics
  
  Tue, 09 Jun 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-091 returned 6.95 g/t gold over 11.98 metres ("m") from 242.99 m, including visible gold noted in 65.99 g/t gold over 1.16 m from 250.76 m within volcanics at Goldwedge, along Caldera Margin.
  The characteristics of 26MN-091 provide us with a "proof of concept" confirmation that Round Mountain style mineralization exists within the Manhattan Caldera.
  Opens approximately 5 sq. km of previously discounted caldera volcanics for high-priority exploration.
  Vancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce results from three step-out
  
  Scorpio Gold Drills 1.27 g/t Gold over 45.23 Metres from 137.95 Metres Along Caldera Margin at Goldwedge
  
  Mon, 08 Jun 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-086 returned 1.27 g/t gold over 45.23 metres ("m") from 137.95 m, including 2.40 g/t gold over 7.47 m from 160.26 m and 8.06 g/t gold over 2.80 m from 172.31 m at Goldwedge.
  Vancouver, British Columbia--(Newsfile Corp. - June 8, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce results from three step-out holes of the Phase Two drill program at the Manhattan District Project ("Manhattan"), Nevada, USA: 26MN-082, 26MN-084 and 26MN-086, see Figure 1. The results are tabulated in Table 1 and discussed below. Scorpio
  
  Scorpio Gold Drills 1.27 g/t Gold over 45.23 Metres from 137.95 Metres Along Caldera Margin at Goldwedge
  
  Mon, 08 Jun 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-086 returned 1.27 g/t gold over 45.23 metres ("m") from 137.95 m, including 2.40 g/t gold over 7.47 m from 160.26 m and 8.06 g/t gold over 2.80 m from 172.31 m at Goldwedge.
  Vancouver, British Columbia--(Newsfile Corp. - June 8, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce results from three step-out holes of the Phase Two drill program at the Manhattan District Project ("Manhattan"), Nevada, USA: 26MN-082, 26MN-084 and 26MN-086, see Figure 1. The results are tabulated in Table 1 and discussed below. Scorpio
  
  Scorpio Gold Drills 0.58 g/t Gold over 18.04 Metres from 311.05 Metres Within Manhattan Caldera, at Black Mammoth
  
  Tue, 02 Jun 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-078 returned:
  0.58 g/t gold over 18.04 metres ("m") from 311.05 m at Black Mammoth.
  Mineralization found in hole 26MN-078 is hosted within volcanics of the Manhattan Caldera — similar to the setting at the Round Mountain Gold Mine, where broad zones of gold mineralization occur within volcanic units.¹
  Hole 26MN-088 returned:
  0.35 g/t gold over 17.4 m from 185.96 m at Black Mammoth.
  Holes 26MN-078 and 26MN-088 follow up on previous Black Mammoth holes that returned:
  0.75 g/t gold over 24.69 m from 230.12 m (26MN-053)
  1.02 g/t gold over 40.23 m from 195.68
  
  Scorpio Gold Drills 0.58 g/t Gold over 18.04 Metres from 311.05 Metres Within Manhattan Caldera, at Black Mammoth
  
  Tue, 02 Jun 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-078 returned:
  0.58 g/t gold over 18.04 metres ("m") from 311.05 m at Black Mammoth.
  Mineralization found in hole 26MN-078 is hosted within volcanics of the Manhattan Caldera — similar to the setting at the Round Mountain Gold Mine, where broad zones of gold mineralization occur within volcanic units.¹
  Hole 26MN-088 returned:
  0.35 g/t gold over 17.4 m from 185.96 m at Black Mammoth.
  Holes 26MN-078 and 26MN-088 follow up on previous Black Mammoth holes that returned:
  0.75 g/t gold over 24.69 m from 230.12 m (26MN-053)
  1.02 g/t gold over 40.23 m from 195.68
  
  Scorpio Gold Drills 2.77 g/t Gold over 12.68 Metres from 58.64 Metres Along the Zanzibar Trend, at Manhattan, Nevada
  
  Thu, 28 May 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-080 returned:
  2.77 g/t gold over 12.68 metres ("m") from 58.64 m, including 20.93 g/t gold over 1.58 m from 64.62 m along the Zanzibar Trend.
  0.73 g/t gold over 28.38 m from 82.20 m along the Zanzibar Trend.
  Hole 26MN-083 returned:
  0.49 g/t gold over 23.16 m from 72.06 m along the Zanzibar Trend.
  The Zanzibar Trend has now returned multiple high-grade intercepts across successive step-out holes, including:
  25MN-044: 49.62 m grading 3.14 g/t gold (February 19, 2026)
  26MN-063: 22.25 m grading 2.09 g/t gold (April 16, 2026)
  26MN-067: 10.40 g/t gold
  
  Scorpio Gold Drills 2.77 g/t Gold over 12.68 Metres from 58.64 Metres Along the Zanzibar Trend, at Manhattan, Nevada
  
  Thu, 28 May 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-080 returned:
  2.77 g/t gold over 12.68 metres ("m") from 58.64 m, including 20.93 g/t gold over 1.58 m from 64.62 m along the Zanzibar Trend.
  0.73 g/t gold over 28.38 m from 82.20 m along the Zanzibar Trend.
  Hole 26MN-083 returned:
  0.49 g/t gold over 23.16 m from 72.06 m along the Zanzibar Trend.
  The Zanzibar Trend has now returned multiple high-grade intercepts across successive step-out holes, including:
  25MN-044: 49.62 m grading 3.14 g/t gold (February 19, 2026)
  26MN-063: 22.25 m grading 2.09 g/t gold (April 16, 2026)
  26MN-067: 10.40 g/t gold
  
  Scorpio Gold Announces Receipt of Second Deferred Payment from Mineral Ridge Sale
  
  Tue, 26 May 2026 05:00:00 -0400
  
  Vancouver, British Columbia--(Newsfile Corp. - May 26, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") announces that it has received the second deferred payment from the previously completed sale of its wholly-owned subsidiary, Mineral Ridge Gold, LLC ("MRG"), to an arm's length purchaser.
  As disclosed in Scorpio Gold's news releases dated July 24, 2025, August 25, 2025 and December 3, 2025, the aggregate consideration for the sale of MRG totalled US$7,500,000, of which US$1,500,000 was placed into escrow as an indemnification holdback, to be released in two equal tranches on
  
  Scorpio Gold Announces Receipt of Second Deferred Payment from Mineral Ridge Sale
  
  Tue, 26 May 2026 05:00:00 -0400
  
  Vancouver, British Columbia--(Newsfile Corp. - May 26, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") announces that it has received the second deferred payment from the previously completed sale of its wholly-owned subsidiary, Mineral Ridge Gold, LLC ("MRG"), to an arm's length purchaser.
  As disclosed in Scorpio Gold's news releases dated July 24, 2025, August 25, 2025 and December 3, 2025, the aggregate consideration for the sale of MRG totalled US$7,500,000, of which US$1,500,000 was placed into escrow as an indemnification holdback, to be released in two equal tranches on
  
  Scorpio Gold Drills 2.68 g/t Gold over 11.34 Metres from Surface Along the Zanzibar Trend, at Manhattan, Nevada
  
  Thu, 21 May 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-071 returned:
  2.68 g/t gold over 11.34 metres ("m") from 0.76 m, including 6.54 g/t gold over 3.41 m from 8.69 m along the Zanzibar Trend.
  Hole 26MN-070 returned:
  0.69 g/t gold over 23.23 m from 4.05 m, including 1.61 g/t gold over 8.38 m from 18.9 m along the Zanzibar Trend.
  The Zanzibar Trend has now returned multiple high-grade intercepts across successive step-out holes, including:
  25MN-044: 49.62 m grading 3.14 g/t gold (February 19, 2026)
  26MN-063: 22.25 m grading 2.09 g/t gold (April 16, 2026)
  26MN-067: 10.40 g/t gold over 5.67
  
  Scorpio Gold Drills 2.68 g/t Gold over 11.34 Metres from Surface Along the Zanzibar Trend, at Manhattan, Nevada
  
  Thu, 21 May 2026 05:00:00 -0400
  
  Highlights
  Hole 26MN-071 returned:
  2.68 g/t gold over 11.34 metres ("m") from 0.76 m, including 6.54 g/t gold over 3.41 m from 8.69 m along the Zanzibar Trend.
  Hole 26MN-070 returned:
  0.69 g/t gold over 23.23 m from 4.05 m, including 1.61 g/t gold over 8.38 m from 18.9 m along the Zanzibar Trend.
  The Zanzibar Trend has now returned multiple high-grade intercepts across successive step-out holes, including:
  25MN-044: 49.62 m grading 3.14 g/t gold (February 19, 2026)
  26MN-063: 22.25 m grading 2.09 g/t gold (April 16, 2026)
  26MN-067: 10.40 g/t gold over 5.67

StreetInsider.com News Articles

Scorpio Gold closes $10.8M public offering, issues 43.2M shares

Scorpio Gold Announces Closing of Public Offering for Gross Proceeds of $10,800,000

Scorpio Gold Announces Closing of Public Offering for Gross Proceeds of $10,800,000

Scorpio Gold ups public offering to $10M amid investor demand

Scorpio Gold Corporation Announces Upsizing of Previously Announced Public Offering to $10 Million

Scorpio Gold Corporation Announces Upsizing of Previously Announced Public Offering to $10 Million

Scorpio Gold plans public offering of up to $8M in common shares

Scorpio Gold Corporation Announces Marketed Public Offering for Gross Proceeds of Up To $8 Million

Scorpio Gold Corporation Announces Marketed Public Offering for Gross Proceeds of Up To $8 Million

Scorpio Gold Drills 2.05 g/t Gold over 97.99 Metres from 64.16 Metres at the Goldwedge Target at Manhattan

Scorpio Gold Drills 2.05 g/t Gold over 97.99 Metres from 64.16 Metres at the Goldwedge Target at Manhattan

Scorpio Gold Drills 2.56 g/t Gold over 13.38 Metres from 293.28 Metres Within Manhattan Caldera, at Black Mammoth

Scorpio Gold Drills 2.56 g/t Gold over 13.38 Metres from 293.28 Metres Within Manhattan Caldera, at Black Mammoth

Scorpio Gold Drills 6.95 g/t Gold over 11.98 Metres from 242.99 Metres Within Caldera Volcanics

Scorpio Gold Drills 6.95 g/t Gold over 11.98 Metres from 242.99 Metres Within Caldera Volcanics

Scorpio Gold Drills 1.27 g/t Gold over 45.23 Metres from 137.95 Metres Along Caldera Margin at Goldwedge

Scorpio Gold Drills 1.27 g/t Gold over 45.23 Metres from 137.95 Metres Along Caldera Margin at Goldwedge

Scorpio Gold Drills 0.58 g/t Gold over 18.04 Metres from 311.05 Metres Within Manhattan Caldera, at Black Mammoth

Scorpio Gold Drills 0.58 g/t Gold over 18.04 Metres from 311.05 Metres Within Manhattan Caldera, at Black Mammoth

Scorpio Gold Drills 2.77 g/t Gold over 12.68 Metres from 58.64 Metres Along the Zanzibar Trend, at Manhattan, Nevada

Scorpio Gold Drills 2.77 g/t Gold over 12.68 Metres from 58.64 Metres Along the Zanzibar Trend, at Manhattan, Nevada

Scorpio Gold Announces Receipt of Second Deferred Payment from Mineral Ridge Sale

Scorpio Gold Announces Receipt of Second Deferred Payment from Mineral Ridge Sale

Scorpio Gold Drills 2.68 g/t Gold over 11.34 Metres from Surface Along the Zanzibar Trend, at Manhattan, Nevada

Scorpio Gold Drills 2.68 g/t Gold over 11.34 Metres from Surface Along the Zanzibar Trend, at Manhattan, Nevada