Eastport Critical Metals Corp. press release

Scorpio Gold Cash Conservation - Shares Issued to Debenture Holders

2021-10-28

TSXV - TSX Venture Exchange · Canada · Financing

VANCOUVER, BC / ACCESSWIRE / October 28, 2021 /Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSXV:SGN) elected to settle its semi-annual interest payment on its US$7,125,000 secured subordinated convertible debentures by the issue of common shares at $0.0964 per share as announced on October 20, 2021. Having now received the approval of the TSX Venture Exchange the Company on October 26, 2021, issued a total of 4,579,083 common shares to settle its semi-annual interest payment of $441,424 (US$357,226).

ON BEHALF OF THE BOARD SCORPIO GOLD CORPORATION

Brian Lock, Chief Executive Officer

Brian Lock Tel: (604) 889-2543 Email: block@scorpiogold.com

Anthony Simone Tel: (416) 881-5154 Email: ir@scorpiogold.com

Website: www.scorpiogold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Scorpio Gold Corporation

View source version on accesswire.com: https://www.accesswire.com/670250/Scorpio-Gold-Cash-Conservation--Shares-Issued-to-Debenture-Holders

Earlier from Eastport Critical Metals Corp.

Scorpio Gold - Arranges Short-Term Credit Facility with Board 2021-10-22
Scorpio Gold - Interest to Debenture Holders in Shares 2021-10-20
Scorpio Gold Regains Control of Mineral Ridge, Nevada 2021-06-05

More financing releases

Doubleview Announces $3.2 Million Flow-Through Private Placement Doubleview Gold Corp. (DBG.V), 2026-11-03
Sigma Lithium Prices Offering of US$ 125 Million Convertible Bonds Due 2031, Upsized by 25% Sigma Lithium Corporation (SGML.V), 2026-11-03
Plato Gold Corp. Confirms Completion of $55,000 Critical-Mineral Flow-Through Private Placement Plato Gold Corp. (PGC.V), 2026-11-02