Scorpio Gold Corp. is pleased to announce that due to investor interest, it has increased the size of its non-brokered private placement described in the press release dated January 12, 2024 by an additional $1,000,000, for the issuance of an aggregate of up to 33,333,333 units of the Company at a price of $0.15 per unit for gross proceeds to the Company of up to $5,000,000. Each unit is comprised of one common share of the Company and one common share purchase warrant, with each warrant exercisable to acquire one common share of the Company at an exercise price of $0.20 for a period of two years from the date of issuance. To date, the Company has closed two tranches of the Private Placement, issuing an aggregate of 9,584,966 units for aggregate gross proceeds of $1,437,745. ...