Scorpio Gold Co.

Scorpio Gold has been approved to list its American Depositary Shares (ADS) on the Nasdaq Capital Market. Trading of the ADS under the ticker SGLD is scheduled to begin on September 1, 2026, with each ADS representing 20 common shares and The Bank of New York Mellon serving as depositary bank. The common shares will remain listed on the TSX Venture Exchange; their ticker there will change from SGN to SGLD without any action required by shareholders. The listing is being done through an ADS program to meet Nasdaq listing requirements without a stock split; the company also extended a three‑month marketing agreement with Investor Insights Systems for USD 100,000. » Altro su de.investing.com

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. » Altro su de.investing.com