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Scorpio Gold plans stock offering of up to US$8 million
Scorpio Gold will issue up to 32 million common shares at US$0.25 per share (gross proceeds up to US$8 million); the price is 39% above the current share price of US$0.18. Velocity Trade Capital is acting as lead agent and bookrunner; brokers will receive a 30‑day option to purchase up to 4.8 million additional shares on the same terms. Net proceeds are intended to fund exploration work on the Manhattan property in Nevada and for general working capital; closing is expected around July 23, 2026, subject to regulatory approvals. » Más en de.investing.com
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