Scorpio Gold Corp. (SGLD) Financings
TSXV: SGLD · Gold · Advanced Exploration stage
- Market cap$92.3M
- Share price$0.265
- 52-week range$0.235 – $0.640
- Shares outstanding348,161,694
- ExchangeTSXV
- Websitewww.scorpiogold.com
Scorpio Gold holds a 100% interest in the Manhattan District located in the Walker Lane Trend of Nevada, USA. Scorpio Gold's Manhattan District is ~4,780-hectares and comprises the advanced exploration-stage Goldwedge Mine, and four past-producing pits that were acquired from Kinross in 2021 (see news release dated March 25, 2021 https://scorpiogold.com/news/scorpio-gold-closes-purchase-of-kinross-manhattan-property-nye-county-nevada/ ). The consolidated Manhattan District presents an exciting late-stage exploration opportunity, with over 140,000 metres of historical drilling, significant resource potential, and valuable permitting and water rights.
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Scorpio Gold Corp. financial statements
Key figures read from 39 of 39 financial statement filings, Nov 23, 2016 to Aug 27, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 thousands | |
|---|---|---|---|---|---|
| Cash and equivalents | US$8,337,777 | US$0 | US$294,846 | US$331,899 | US$279 |
| Total current assets | US$11,779,805 | US$16,805,899 | US$14,023,365 | US$13,710,460 | US$800 |
| Total current liabilities | US$2,204,890 | US$2,623,109 | US$6,322,791 | US$1,240,070 | US$1,073 |
| Working capital | US$9,574,915 | US$14,182,790 | US$7,700,574 | US$12,470,390 | (US$273) |
| Exploration and evaluation assets | US$9,107,359 | US$2,532,184 | US$1,160,301 | US$1,109,254 | — |
| Property, plant and equipment | US$1,148,495 | US$4,433,580 | US$4,681,751 | US$4,782,357 | — |
| Total assets | US$22,190,994 | US$17,128,077 | US$14,689,068 | US$14,448,328 | US$13,790 |
| Debt | US$507,601 | US$1,014,918 | US$4,541,130 | US$3,123,156 | US$7,213 |
| Total liabilities | US$2,874,579 | US$16,778,990 | US$11,918,730 | US$9,622,446 | US$7,332 |
| Shareholders' equity | US$19,316,415 | US$349,087 | US$2,770,338 | US$4,825,882 | US$6,458 |
Income statement: annual key figures
US dollars (US$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 thousands | |
|---|---|---|---|---|---|
| Revenue | — | — | — | US$0 | US$3,236 |
| Cost of sales | — | — | — | US$0 | (US$2,765) |
| General and administrative | US$3,182,799 | US$1,710,259 | US$372,445 | US$606,291 | (US$862) |
| Share-based compensation | US$1,313,385 | US$514,309 | — | — | — |
| Impairments and write-downs | US$0 | US$222,871 | — | US$0 | (US$2,263) |
| Net income (loss) | US$3,177,691 | (US$15,732,983) | — | (US$2,210,496) | (US$4,676) |
Cash flow statement: annual key figures
US dollars (US$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 thousands | |
|---|---|---|---|---|---|
| Operating cash flow | (US$5,289,641) | (US$4,355,971) | (US$1,440,905) | (US$1,690,518) | (US$2,599)* |
| Investing cash flow | (US$331,470) | (US$2,303,505) | US$130,520 | (US$687,562) | (US$1,719)* |
| Financing cash flow | US$13,794,217 | US$6,371,420 | US$1,273,332 | US$2,431,000 | US$450* |
| Exploration spending (capitalized) | (US$5,571,182) | (US$1,090,518) | (US$72,480) | (US$856,627) | — |
| Property, plant and equipment spending | (US$334,907) | US$0 | (US$203,000) | (US$184,765) | — |
| Proceeds from share issues | — | — | — | — | US$0 |
| Change in cash | US$8,173,106 | (US$288,056) | (US$37,053) | US$52,920 | (US$3,868) |
| Cash at end of period | US$8,337,777 | (US$5,042) | US$294,846 | US$331,899 | US$279 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Scorpio Gold Corp. financings
1 financing announced or closed by Scorpio Gold Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-07-15 | Scorpio Gold Corp. (SGLD) | Private placement, brokered | Announced | $8.0M | $0.250 | Scorpio Gold Corporation Announces Marketed Public Offering for Gross Proceeds of up to $8 Million |
Scorpio Gold Corp. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Scorpio Gold Corp. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2024-01-30 | Convertible note / loan, amended | Ianco Holdings Ltd. and Matco Holdings Ltd. | C$3.1M | 10% |
| 2022-04-28 | Loan, closed / funded | Ian Dawson and Bruce Dawson | US$450,000 | 8% |
| 2022-04-26 | Convertible debenture, repaid / settled | — | US$7.01M | — |
| 2022-04-21 | Convertible debenture, repaid / settled | — | US$7.01M | 10%, matures 2022-04-26 |
| 2022-03-10 | Convertible debenture, repaid / settled | — | — | matures 2022-04-26 |
| 2021-10-22 | Credit facility, signed | — | US$500,000 | 0% |