Scorpio Gold Announces Elimination of Outstanding Debt, Converting into Shares at 100% Premium to Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2024) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", "Scorpio", or the "Company") is pleased to announce that its board of directors has approved the settlement of (i) $1,674,316 in debt owing to Matco Holdings Ltd. ("Matco"), a company wholly-owned by Bruce Dawson, a former director of the Company (the "Matco Debt Settlement"), and (ii) $1,673,783 in debt owing to Ianco Holdings Ltd. ...