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Klondike Gold Corp. press release

Scorpio Gold Cash Conservation - Shares Issued to Debenture Holders

TSXV - TSX Venture Exchange · Gold · Silver · 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 Klondike Gold Corp.

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