Canada markets closed
  • S&P/TSX

    19,222.74
    -35.56 (-0.18%)
     
  • S&P 500

    3,821.55
    -78.56 (-2.01%)
     
  • DOW

    30,946.99
    -491.31 (-1.56%)
     
  • CAD/USD

    0.7768
    -0.0000 (-0.00%)
     
  • CRUDE OIL

    111.84
    +0.08 (+0.07%)
     
  • BTC-CAD

    26,188.72
    -758.91 (-2.82%)
     
  • CMC Crypto 200

    441.05
    -9.01 (-2.00%)
     
  • GOLD FUTURES

    1,821.30
    +0.10 (+0.01%)
     
  • RUSSELL 2000

    1,738.84
    -32.90 (-1.86%)
     
  • 10-Yr Bond

    3.2060
    +0.0120 (+0.38%)
     
  • NASDAQ futures

    11,681.25
    +7.00 (+0.06%)
     
  • VOLATILITY

    28.36
    +1.41 (+5.23%)
     
  • FTSE

    7,323.41
    +65.09 (+0.90%)
     
  • NIKKEI 225

    27,049.47
    +178.17 (+0.66%)
     
  • CAD/EUR

    0.7380
    +0.0044 (+0.60%)
     

Scorpio Gold - Debentures Matured

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

VANCOUVER, BC / ACCESSWIRE / April 26, 2022 / Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX-V:SGN) elected to settle its final semi-annual interest payment on its US$7,015,000 secured subordinated convertible debentures (the "Debentures") by the issue of common shares at $0.0850 per share as announced on April 21, 2022. Having received the approval of the TSX Venture Exchange, the Company today issued a total of 5,194,976 common shares to settle its final semi-annual interest payment of $441,573 (US$349,789).

As announced on March 10, 2022, the US$7,015,000 Debentures matured on April 26, 2022, and have been settled by the issuance of common shares of the Company at an issue price of US$0.08 per share for a total of 87,687,500 common shares.

ON BEHALF OF THE BOARD
SCORPIO GOLD CORPORATION

Chris Zerga,
President & Chief Executive Officer

Chris Zerga
Tel: (775) 753-4778
Email: czerga@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/698996/Scorpio-Gold--Debentures-Matured

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting