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Scorpio Gold Corp (SGN.V)

SGN.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Scorpio Gold reaches settlement with National EWP to end court proceedings on Mineral Ridge
Tuesday, 14 Feb 2017 08:00am EST 

Scorpio Gold Corp : Scorpio Gold Corp says reached a settlement with national EWP to end court proceedings involving its 70 percent indirectly owned subsidiary Mineral Ridge Llc . Scorpio Gold Corp says settlement allows Scorpio Gold to avoid significant legal fees during a potentially lengthy appeals process .Scorpio Gold Corp says settlement provides for return of $1.3 million of $2.3 million cash security posted with court.  Full Article

Scorpio Gold announces settlement of court proceedings
Tuesday, 14 Feb 2017 08:00am EST 

Scorpio Gold Corp : Scorpio Gold announces settlement of court proceedings relating to a subsidiary . Scorpio Gold Corp - reached a settlement with national EWP to end court proceedings involving its 70% indirectly owned subsidiary Mineral Ridge Llc .Scorpio Gold Corp - after negotiation with national, determined it was in its best interest to settle case for $1 million and end costly litigation.  Full Article

Scorpio Gold Q2 earnings per share $0.00
Friday, 26 Aug 2016 08:00am EDT 

Scorpio Gold Corp : Scorpio gold reports financial results for second quarter of 2016 . Qtrly earnings per share $0.00 . Qtrly revenue $12.4 million versus $12.1 million . Says production guidance for Mineral Ridge operation in 2016 remains at 30,000-35,000 ounces of gold . Sees production for Mineral Ridge operation in 2016 at revised estimated cash cost of $900-$950 per ounce of gold sold . Says 10,089 ounces of gold were produced in Q2 at Mineral Ridge mine, compared to 8,738 ounces produced during Q2 of 2015 .Says foresees a higher total cash cost per ounce of gold during second half of 2016 compared to first half.  Full Article

Scorpio Gold says a recent oral ruling from court proceedings involving Mineral Ridge LLC
Thursday, 11 Aug 2016 11:41am EDT 

Scorpio Gold Corp : Says a recent oral ruling from court proceedings involving its 70% indirectly owned subsidiary Mineral Ridge LLC . Says oral ruling for summary judgment awarding a drilling company, National EWP, Inc. US$2.3 million in its lawsuit against MRG .Says currently evaluating its options to contest ruling and stay execution of judgment, once entered.  Full Article

Scorpio Gold reports management change
Wednesday, 10 Aug 2016 08:00am EDT 

Scorpio Gold Corp : Scorpio Gold announces change in management . Says president Peter J. Hawley resigned .Says promotion of Chris Zerga to position of president effective immediately.  Full Article

Scorpio Gold produced 10,089 ounces of gold in Q2 2016 at Mineral Ridge operation
Thursday, 14 Jul 2016 08:00am EDT 

Scorpio Gold : Produces 10,089 ounces of gold in q2 2016 at Mineral Ridge Operation, Nevada . Announces change in cash flow distributions from Mineral Ridge Project .Production at Mineral Ridge in Q2 of 2016 totalled 10,089 ounces of gold; 4,325 ounces of silver, representing increases of 16% and 20%.  Full Article

Scorpio Gold posts quarterly loss per share of $0.00
Friday, 13 May 2016 08:00am EDT 

Scorpio Gold Corp : Qtrly gold ounces produced 8,508 versus 11,952 . Qtrly loss per share $0.00 . Qtrly revenue $9.43 million versus $12.3 million .Production guidance for mineral ridge mine for 2016 remains at 30,000-35,000 ounces of gold produced.  Full Article

Scorpio Gold Corp reaffirms FY 2015 production guidance
Tuesday, 14 Jul 2015 08:00am EDT 

Scorpio Gold Corp:Says that its FY 2015 production forecast remains unchanged at 40,000 to 45,000 ounces of gold.  Full Article

Scorpio Gold Corp to issue $3.37 million senior secured convertible notes
Tuesday, 12 May 2015 12:23pm EDT 

Scorpio Gold Corp:Enters into a binding letter agreement with Coral Reef Capital LLC for issuance of senior secured convertible notes in principal amount of $3,370,000.Says proceeds will be used for purposes of funding exploration, development and mining of the Mineral Ridge property and exploration at the Goldwedge property, for general working capital purposes.Notes will bear interest at 12 pct per annum and mature 13 months after their issue date, subject to a right of company to extend maturity for six months if notes are not in default.Says notes will be convertible into common shares of Scorpio Gold at option of Coral Reef based on a conversion price of $0.108 per share.  Full Article

Scorpio Gold announces change in management
Monday, 4 May 2015 08:00am EDT 

Scorpio Gold Corp:Says Steve Roebuck has stepped down as President of the company and as such Peter J. Hawley, current CEO, will assume the position of President in addition to CEO.  Full Article

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BRIEF-Scorpio Gold signs letter of intent with Lode-Star Mining for custom toll milling agreement

* Scorpio Gold signs letter of intent with lode-star mining inc. For a custom toll milling agreement Source text for Eikon: Further company coverage: