Scorpio Gold – Bonus Cash Payment CAD$1.5M from Orla Mining
2022年9月27日 - 8:00PM
Scorpio Gold Corporation (“
Scorpio Gold” or the
“
Company”) (TSX-V: SGN) announces that it has
received a bonus cash payment from Orla Mining of CAD $1,500,000
(The “Bonus Payment”).
As reported in the Company’s press release dated
March 5, 2014, Scorpio Gold completed the sale of certain mineral
properties in Nevada (the “Pinion Properties”), to an affiliate of
Gold Standard Ventures Corp. (“Gold Standard”). The Pinion
Properties are located in Elko County, at the southern end of the
prolific Carlin Trend.
As part of the transaction, Gold Standard agreed
to pay Scorpio Gold bonus cash consideration of between
CAD$1,500,000 and CAD$3,000,000 on a sliding scale if the Pinon
Property or Gold Standard are sold for an aggregate transaction
value of between Cdn.$100,000,000 and Cdn.$300,000,000 or greater.
On August 12, 2022, Orla Mining completed the acquisition of Gold
Standard, triggering the Bonus Payment.
For further details regarding the Gold Standard
transaction, see the press release of the Company dated March 5,
2014.
ON BEHALF OF THE BOARD
SCORPIO GOLD CORPORATIONChris
ZergaPresident and Chief Executive Officer
Tel: (775) 753-4778Email:
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.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking
statements with respect to the Company. By their nature,
forward-looking statements are subject to a variety of factors that
could cause actual results to differ materially from the results
suggested by the forward-looking statements. In addition, the
forward-looking statements require management to make assumptions
and are subject to inherent risks and uncertainties, including, but
not limited, the ability of the Company to obtain final Exchange
approval for the Loans. There is significant risk that the
forward-looking statements will not prove to be accurate, that the
management’s assumptions may not be correct and that actual results
may differ materially from such forward-looking statements.
Accordingly, readers should not place undue reliance on the
forward-looking statements.
Generally forward-looking statements can be
identified by the use of terminology such as “anticipate”, “will”,
“expect”, “may”, “continue”, “could”, “estimate”, “forecast”,
“plan”, “potential” and similar expressions. Forward-looking
statements contained in this press release may include, but are not
limited to, the final approval of the Exchange to the Loans and the
anticipated use of funds for the Loans. These forward-looking
statements are based on a number of assumptions which may prove to
be incorrect.
The forward-looking statements contained in this
press release are made as of the date hereof or the dates
specifically referenced in this press release, where applicable.
Except as required by law, the Company does not undertake any
obligation to update publicly or to revise any forward-looking
statements that are contained or incorporated in this press
release. All forward-looking statements contained in this press
release are expressly qualified by this cautionary statement.
Scorpio Gold (TSXV:SGN)
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から 12 2023 まで 12 2024